Posted by Property Editor on September 29, 2009 · Leave a Comment
Contact Zoe at the UK Head office of FX-Foreignexchange: 0044 1480 458 400
To cretae a new account, or apply to become a foreign currency exchange affiliate introducer, just contact Zoe and she will discuss how we can help you, or your business.
Apply to become a currency exchange affiliate here.
email Zoe
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Posted by Property Editor on July 25, 2008 · Leave a Comment
Why become a Currency Exchange introducer?
The benefits are numerous. If you are in a business where your clients have a need to buy foreign currency, then we are the right partner for you.
Our currency exchange business is well established, it trades over 350 Million GB Pounds a year for clients, it caters for everything from cruise ship payroll’s worldwide to the smallest house depostit money transfer.
We take care of clients for foreign exchange introducers who do everything from car imports, vegetable and fruit imports for supermarkets, to worldwide International real estate agents.
All of these businesses have placed their trust in in to care for their clients…
But, there is a financial benefit for the affiliate……
BENEFITS TO BEING AN AFFILATE INTRODUCER:
You can keep track of clients’ transactions, so you can help them. Clients will secure their currency
with us and as a result you will know in advance that everything is progressing smoothly.
We will provide you, with a banking receipt. Proof that their funds have been sent.
One point of contact for you and your clients.
We will rebate 50% of the brokerage generated on a transaction back to yourself which can be paid monthly or quarterly to any account you furnish us with.
If you are an estate agent, inmobiliaria or Immobilien, you can choose to advertise any of your properties on our new property website, completely free of charge.
More than that, you can have your property listings placed for free on 2 worldwide, international, property portals as well as having a free web site provided by our web partner, 1strealestatehosting.net who are specialists in providing real estate hosting.
Globalprops.com and is available to view at the moment. We are currently uploading all the properties of our existing international property associates.
If you are a trader of any other type, talk to us about a free web site, as we have programmes in place for 5 more business areas.
BENEFITS TO YOUR CLIENTS:
Essentially, our business aim is to provide a secure, reliable, friendly approach to currency exchange.
In addition, we aim to provide the best value, with the best exchange rates, the cheapest methods of money transfer,and an efficient reporting process for your clients.
Your clients will be guaranteed the same account manager who will take sole responsibility from
the start to the very end, building a rapport to ensure that your clients funds are sent to the required
destination in their timescale.
Opening a trading account with fx-foreignexchange is simple. Once an account has been approved your clients can benefit from the following:
- Free account opening with no obligation (Via Website / Fax or Post)
- No fees or commissions to exchange currency
- The ability to secure guaranteed commercial rates of exchange for now and up to 2 years in the future
- Proof of telegraphic transfer of funds in the form of a banking receipt
- Fully Compliant with H M Customs & Excise
- Specialists in Foreign Currency Transactions
- A Stress Free, Personal Service
The facility to set up regular overseas money transfers (such as Mortgage payments or overseas Pension transfers) with our Overseas Regular Payment Plan.
More on how to become a currency exchange affiliate…
Apply to become a currency exchange affiliate here.
Posted by Property Editor on July 24, 2008 · Leave a Comment
Getting the best currency exchange rate available today.
The steady decline of the Pound against the Euro has fuelled much debate over whether the currency exchange rate avaliable today, at about 1.26 Euros to the 1 Pound, is aiding the slow quantity of property bought overseas.
There are even several new initiatives to seemingly offering the best euro / pound exchange rate. Some developers are even offering to fix the exchange rate to 1.4 Euros to 1 Pound, so that a buyer of their overseas properties is perceptively not losing out on the exchange rate. The truth of it is that the price that you pay for the property is probably higher than you might pay if you just accepted the ‘Real’ exchange rate and negotiated a little harder on the price of the property.
Consider this: You are looking to buy a property at €200,000. Generally, you could raise a local mortgage of 70% of this, leaving a need to transfer 30% of the purchase price (€60,000) plus 10% to cover all costs (€20,000).
You will have to change enough Pounds to pay a total of €80,000 at some point.
- If you simply exchange Pounds for €80,000 at todays best currency exchange rate, (1.26), you will need £63,492 Pounds.
- If you take someone up on the offer of an exchange rate at €1.4 Euros to 1 Pound, you will need to change £57,143 Pounds.
- Clearly the better exchange rate will appear to make a saving of £6,349.
The question is… Did you get the best deal on the asking price of the property? Maybe, you could have negotiated more than £6,400 off the price?
In principle, there’s nothing wrong with these great exchange rate offers, but ask a few more questions of the builder. The builder may prefer to simply reduce the price. Try using an estate agent that is used to working on an International basis, like Gatehouse International, as they will be able to offer both types of exchange rate deals. You can then choose the deal that suits you most.
For the best currency exchange deals, get a free account with Global Currency Exchange Network and let us let you know when the best rates are available.
