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Payment Reasons > Order to Buy

An 'Order to Buy' will allow your Smart Trader to buy currency on your behalf when an exchange rate hits a designated rate.

For example:

Sue had aspirations for some top end white goods for her new overseas property. Unfortunately an unforeseen bill gobbled up most of her budget. She desperately needed a bit more money and wondered if she should hold off and move a large sum of money overseas later rather than sooner. Her hope was that she could wait until the rates improved a bit and increase the value of her sterling.

As Sue was told - no one can predict what's going to happen in the markets. Holding off on a currency purchase is a gamble, however the Smart Trader explained that market analysts predicted that the rates might bump up in the next week or two.

Sue instructed her Smart Trader to buy euros if the rate hit €1.16 to the £1. During Sue's initial discussions the rate was closer to €1.10 to the £1 and an increase of 5% would give her €6,000 more euros than if she purchased the money now. Within a month the rate was reached and Sue was able to afford those top white goods!

To find out more about an 'Order to Buy,' or any other payment options, please call Smart Currency on our free phone number 0808 163 0102 (free phone) or Apply Online.

Client Feedback

"Just to confirm that everything went smoothly with my recent currency purchase through Smart Currency Exchange. Due to continuing volatility on the foreign exchange markets, I was hoping to conclude a deal at a particular rate, so a "target rate" was left with James and his colleagues. Fortunately this rate was achieved, and James contacted me as soon as the rate was available. The setting up of my account had been very straightforward. Once the verbal contract for the currency amount was made, it was a simple procedure "to get the ball rolling" and everything went without a hitch. On checking my foreign bank account last week, the funds were in my bank account on the prescribed day. Thanks for your introduction to Smart. Kind regards Stephen " more testimonials

"I would have no hesitation in recommending Smart Currency Exchange to anyone. I have found them to be helpful and very professional. Nothing is too much trouble for them. I will be using them again soon to finalise the purchase of my overseas property. Carol Ludlow, Nottingham " more testimonials

How will Smart help you to save money on your international money transfers? By:


  • Providing better-than-bank exchange rates
  • Reducing the risk of your international payments from INCREASING
  • Offering a service with no fees*, no commission, no hidden charges (*Fees on amounts under £3,000)
  • Giving you direct access to your dedicated Smart Trader. 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
  • Making the whole process fast and effortless

Apply online now and get access to your Smart Trader to discuss just how much Smart can save you!

 

Are you interested in saving money the Smart way?

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  • Read our Free Report - Find out how much you can save by being Smart!

Suggested ways to transfer money:

Buy currency at today's rate for a payment soon Exchange and transfer money today at a rate far more competitive than the high street banks
Learn more

Reserve today's currency rate for a payment later
This option is fantastic for property buyers that have staged payments and want to ensure against an unexpected change in the price of your currency
Learn more
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