If you are buying property abroad, you will have to pay for the property in the currency of the country you are buying in. World First will convert sterling (or your domestic currency) into that foreign currency and make the international payment to the overseas bank account you have nominated. Alternatively, if you are selling your overseas property, we can help with the foreign exchange to repatriate the sale proceeds back to your domestic currency.
We will guarantee to give you:
World First is the UK's leading foreign exchange and international payments provider. Our service is fast, friendly and commission-free. We can transact with clients from any country and transfer funds between virtually all currencies by priority same-day SWIFT transfer. For example, we can help you convert sterling into euros, or dollars into pounds.
World First also offers 'forward contracts' which enable you to fix the sterling cost of your property up to a year before payment is due and thus avoid currency fluctuations. This is ideal for payment of the balance of your property purchase which is usually required a few months after the initial deposit.
Forward contracts can be used to 'hedge' your exposure. We also offer alternative hedging strategies, on which you can find more information by clicking here.
Please call us on 0800 783 6022 (or +44 (0)20 7801 9080) to speak to a member of our Overseas Property Foreign Exchange team. You will be assigned a friendly and professional consultant who will work with you on every step of the transaction. Alternatively, you can read about the Currency Exchange Process here
