Regardless as to what your reason is for an international transfer, Smart Currency
can help you to create a strategy that will save you money and reduced the risk
of your payment increasing in value. When transferring
money between countries with different currencies, losses occur through bank charges,
poor exchange rates and bad timing. All three types of losses can
be drastically reduced by using Smart Currency Exchange.
Smart Currency is able to provide better exchange rates than those offered by high
street banks. Where the bank often sets their exchange rates in the morning,
Smart Traders call into the market floor and get the best possible live exchange
rate which is often 2 – 4% better than the rates listed at the bank. On
£50,000 that’s a 1- 2k savings! Furthermore, Smart Traders concentrate
on one thing and one thing only – moving money. By doing this, they understand
where fees are charged and how they can be avoided. Aside from good rates and
fee reductions, Smart has a few options that allow clients to create various money-saving
strategies.
This all sounds good theoretically but what’s this mean in real life?
Let’s consider Ted's example:
Ted often looked out on the Mediterranean and wished that he could buy a yacht. In
a fortunate turn of events a family member left him a considerable legacy in the
UK and Ted knew that his days of being landlocked were over. He found a boat
in April and needed to come up with the payment in late June, when
the boat was being delivered. With this in mind, he contacted Smart Currency
Exchange, discussed the cost and rates and decided to set up an ‘Order to
Buy’. This means that if the euro exchange rate hit a certain level,
the specialists would buy the currency. Thankfully, in late May, the rate
hit €1.15/£1 just in time for Ted to make his payment. By setting
up the ‘Order to Buy,’ Ted was able to save just over £4,500 .
In
order to ensure that you save money on your international currency transfers, call
on our free phone number 0808 163 0102 (free phone) or Apply Online.
Client Feedback
"I have used other currency companies, which are very good, but I don't tick
all the boxes like Smart Currency. I was looking on the web and came across Smart
Currency, I am glad I did, and gave you a try. First class. Also getting registered
was so easy. I will recommend you to my friends. I will be using you in the future.
Mr. Anthony Clements" more testimonials
So...how can Smart specifically help you to save money on your
next international payment? They can:
- Provide better-than-bank exchange
rates by calling through to the market floor for the best rate on your behalf
- Reduce the risk that the amount
you want to receive decreases in value or reduce the risk that the amount you need
to pay increases in value
- Offer a service with no commission
an no hidden charges. There is, however, a small administrative fee on all transfers
below £3,000;, however the savings in better-than-bank exchange rates and
the ability to fix rates for the future far outweigh the small fee.
- Give you direct access to your
dedicated Smart Trader. Your Smart Trader will be able to explain the options available
when making regular payments, the market conditions and various ways to hedge against
changes in the value of currency exchange rates. Also, it's important to note that
unlike most UK international payment specialists, Smart Traders are not paid on
commission, thus your trader will be working for you - not their pay-packet.
- Make the whole process fast and
effortless - leaving more time for you to spend focusing on things like yachting!
Apply online now and get access to
your Smart Trader to discuss just how much Smart can save you!