Are you living in the UK and need to make a regular overseas payment to pay for a foreign mortgage?
MyCurrencyTransfer.com has partnered up with the top FCA regulated currency specialists to ensure that your overseas mortgage payments are paid on time, with minimum hassle and at a competitive better-than-bank exchange rate. When taking a mortgage on an overseas property, (i.e. in popular destinations such as Spain, France, Portugal, Cyprus, USA, Australia) you will have to make regular overseas payments that can be time consuming and expensive. These can also be increasingly difficult to manage and it is very important to ensure you are getting the most competitive exchange rates per transfer. Using a bank can often mean arranging a new currency transfer each fortnight or month at extortionate fees and poor exchange exchange rates.
The solution — A Regular Overseas Payment Plan. If you need to make pound, Aussie dollar or euro instalments each month (as well as a range of other currencies), it pays to speak to a currency specialist about setting up a regular overseas payment plan. This will ensure you streamline the payment process, make your overseas payment on time and attain the most competitive rate of exchange. All you need to do is open a free account and set up a regular standing order with your chosen currency specialist. They will then take a payment by direct debit on a specified date each month, exchange the designated currency and transfer direct into the overseas account on time to meet your overseas mortgage payments. Most brokers don't charge fees to use this service and you can often save up to 5% on the exchange rate over using your high street bank."I could not believe how much money I am saving in transfer fees by setting up a regular overseas payment plan. Whereas before I was paying £20 per month through the banks on fees and charges, I now have a currency specialist on board who almost eliminates the charges and automatically pays my mortgage bills on time! Incredible."
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