As the pound has been weaker lately, we feel the need to help clients get the best rate they possibly can if the funds to complete the purchase are needed in Euros.

We recommend using Currencies Direct, who can assist clients in obtaining the best rate for their sterling and in the majority of cases the transfer of funds to your Spanish Bank account is carried out at no charge.

 Spanish banks will charge you a receiving fee typically between 0.2 and 0.5%. However Currencies Direct have special arrangements with some Spanish banks where NO % is charged (potential saving of £600 on a £100,000 transfer).

 You may be interested to learn that in order to protect the value of your pension, you can forward book a monthly purchase of euros ensuring the best euro rate for your pension when you move to Spain. Other regular payments such as mortgage payments to a Spanish bank can also be forward purchased so that your euro exchange rate is the best it can be.

 The rate is guaranteed and helps eliminate the worry over rates when your sterling arrives in you account in Spain.

 We can instigate the initial contact to Currencies Direct on your behalf, just fill in the simple form below and a member of Currencies Direct will contact you to explain the benefits and advantages.