Moving overseas can be daunting
Buying foreign currency doesn't have to be. We deliver your currency when you need it.
Helping clients to manage payments of overseas mortgages.
Today's world is often referred to as a 'global village' with people relocating abroad to live and work. This can be a lengthy process involving complicated logistics, with overseas mortgages and wage conversions.
By carefully considering the effects of currency movement at an early stage, you can remove the extra concerns of cost.
Your Situation
Should your job require you to move from Hong Kong to Paris, you need to seriously consider your cross-currency exposure - who will deal with the currency swap?
Emigrating to Australia involves a lengthy process – how many AUD will you end up getting in a year’s time?
If you are returning to your native country; the value of your local currency will have changed - who is helping you to maximise your wealth?
Process
Once you have opened an account, we will clearly establish the timescale involved and the currencies you need to buy and sell.
We then discuss the most effective method of transaction and a rate of foreign exchange.
From the outset your dedicated personal Dealer will provide you with unrivalled support and a service tailored to meet your needs.
Once you have agreed to buy or sell a currency and indentified the time for delivery (value date), you will receive details of your transaction and will use this information to transfer your funds to Personal FX and supply us with details for onward payment of your currency.
Your funds are held in a segregated client transaction account with our bank, Lloyds TSB. Funds are kept there until we receive instructions from you on where the funds are to be transferred. Once we have forwarded your currency, payment confirmations are available on request.
