There are many ways to transfer money overseas. The most frequently used is a bank to bank transfer which if you do it over the internet you do not get charged in most cases, however the rates offered by the banks are not the best available and you could be losing many pounds of your hard earned cash because the banks will give you the bank to bank rate – not the commercial rate which is a far better rate of exchange.
One of the last things home-buyers consider when purchasing an overseas property is how they will physically make their payment. And because it’s last minute, they leave it to the banks, who will make a tidy profit from conducting your transfer from GBP to EUR.
You can save money by preparing in advance, and by using a specialist currency firm who will charge you less than the banks – like our partners Global Currency Exchange Network (GCEN). If you are likely to need Euros now or in the future, GCEN can also fix your rate of exchange, thereby protecting your purchase price against currency fluctuations.
We at Spain Assured have worked very closely with many Currency Agencies over the years but we have found GC Partners to be by far more professional, informative, give the best rates and most importantly offer our clients excellent customer service. For these reasons we do not have any reservations in recommending GC Partners to any of our customers because we want our customers to get the best possible deals available and GC Partners are very good at achieving this.
If you are interested in knowing more about GC Partners please read the article below which is direct from their brochure or to discuss your requirements in greater detail, we can arrange for them to contact you at your convenience either by email or telephone which ever you prefer. Please let us know and we will ask either Lucy or Claire from the Mojacar Office in Almeria to contact you. Another option is to register here and they will contact you in due course.
Prepaid Currency Card Register and apply here
GC Partners is a leading international currency broker providing cost saving benefits to clients worldwide and has a wealth of experience in dealing with the needs of corporate clients, migrants and investors buying overseas. At GC Partners we understand the importance of a fast efficient service, which guarantees all payments are made on time, and is provided by a dedicated personal dealer.
GC Partners understands that the security of client funds, both corporate and private, is essential, as are the savings made from our more competitive rates of exchange. We have a close relationship with Barclays Bank Treasury department where we hold our segregated client accounts. Each payment from these client accounts is operated according to guidelines set by The Financial Services Authority (FSA) using dual signatures and chip and pin “smart cards” for payments.
At GC Partners we understand that businesses require a foreign currency provider that, not only delivers competitive exchange rates, but also provides a currency strategy relevant to each business. Every business is unique. Every client relationship is unique. At GC Partners we build this relationship by working closely with your business to regularly reassess your requirements, not only in the short-term but also in the long-term.
We can arrange for a senior currency specialist to meet you to discuss your individual needs and formulate a strategy to help your business improve its cash flow and increase profitability while ensuring you take maximum advantage of rate fluctuations. Working with your GC Partners currency dealer we can combine our expertise and knowledge of the markets with your business requirements to provide a consultative approach to your foreign exchange needs. Working with GC Partners can ensure your foreign exchange requirements are handled proactively, and efficiently, allowing you to spend time on your business.
Currency exchange is our business. Our payment tracking service through Barclays Bank ensures your funds are secure throughout the transfer process. Barclays Bank is our banking and treasury provider, giving clients the knowledge funds are held safely on their behalf. GC Partners understands the importance of client fund security and is FSA and HMRC regulated and authorised. All funds are held in segregated client accounts and payments made using a secure “chip and pin” smart card and dual signatory process. For enhanced security, GC Partners can load the bank payment system directly onto your company’s own computer system with GC Partners then only having the facility to simply process and upload payments. Authorisation would then be actioned by your nominated employee or Director.