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Posted October 31st, 2013 by Charles Purdy

Guarantee peace of mind this Christmas

Although it may seem early in the year to start discussing Christmas, much like our nation’s high street, we know that it is never too early to start preparing for the festive season. With this in mind, here currency firm Smart Currency Exchange outlines an important reason why it quite literally ‘pays’ to be prepared when Christmas rolls around…

Year after year Smart encounters clients who, despite aiming to complete on their overseas property purchases in the January, opt to ignore their currency needs until the very last mince pie is eaten. This is understandable when you have presents to buy, turkeys to baste and over-excited children to contend with however, last year just a quick phone call could have saved these clients upwards of £15,000 on their property purchase.

Let’s look at last year as an example – back in November 2012, the exchange rate sat at 1.253. This means that back at that time a €250,000 property would have cost the client £199,073. Many opted to forget about their currency needs and as a result saw the rates drop quite severely to 1.1640 in January 2013. This means that if they chose not to act before Christmas they would have ended up paying £214,843 for the same €250,000 property. A quick chat with their personal trader at Smart Currency Exchange could have saved them £15,770.

To ensure complete peace of mind this festive season, be sure to implement an effective currency strategy in advance so that you aren’t forced to be nervously checking the exchange rates come Christmas morning.
Smart Currency Exchange can help you to set up a forward contract which allows you to lock in a favourable exchange rate for the future so that when the time comes to trade you know exactly how much you are going to get for your money. This will ensure you don’t encounter any nasty surprises when you get around to transferring after all the festivities are over.

To guarantee you are prepared for any eventuality this Christmas, sign up for your free no-obligation account with Smart Currency Exchange today. Once signed up, you will be assigned your own personal trader who will listen to your currency needs and ensure you take the best route possible for you…leaving you with plenty of time to tackle that Christmas shopping!

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Posted October 17th, 2013 by Charles Purdy

“Using Smart knocked €10K off the price of my overseas property!”

Holidays in Portugal will feel even sunnier for Paul Upton, thanks to the huge saving he made by using currency firm Smart Currency Exchange when he bought his property in the Algarve. Talking to Smart and using them to send payment to Portugal for his property purchase meant Paul saved around €10,000. This is because  Continue Reading…

Posted October 3rd, 2013 by Charles Purdy

Do you really know how currency firms could help you?

How many of you like to save money on your car insurance, shopping around a bit when renewal time comes? And do you make a point of checking you’re getting the best deal on your household bills too? We all like to save a few pennies along the way, and sometimes it’s not always obvious  Continue Reading…

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