Moving abroad does not necessarily mean that you will be severing all ties with the UK. In fact, in most cases it is the opposite. Many people will still have family, dependants and bank accounts in the UK and therefore the time will come when they will need to send money back there.

Perhaps you have left your children in the care of family members, or elder children in charge of the house in the UK. Or perhaps you are planning on returning to the UK in the future and need to have money in the country when you arrive. Whatever the reason, when it comes to sending money to the UK from abroad, make sure you do it the correct way. By choosing to use a specialist currency company rather than a bank to move your money, you are guaranteed to get better exchange rates, a more specialised service, quicker transfers and more currency for your money.

Companies like Smart Currency Exchange are specialists in all things ‘money’. Their aim is to help you move your money to and from the UK to/from other countries and to make sure that this process is quick, easy to use, and above all, saves you money. Smart can help anybody who needs to buy or move money, no matter what their circumstances. Some people may be buying a home in the UK whilst living abroad, in which case they may need to make several large payments from their home country to the UK. This can be organised by Smart. Other people may wish to send one lot of money straight away, perhaps for an emergency; again, this can be done with Smart. Then there are people who need to make regular payments to the UK, perhaps to pay bills or a mortgage that they may still have there. Talking with a Smart trader, this can be set up and money set to be sent on certain dates.

If you know you need to send money back to the UK, but are not needing to do so for a few months, you may think that you need to wait until you buy your Sterling; but the rate is so good now, by the time you need it the rates could have changed for the worse…what do you do? Not a problem, if you see that the exchange rates are at a good level, it is possible for you to buy the currency now, and use it in the future, thus saving money if the rate takes a bad turn.

Did you know that Smart often offers rates which are up to 4% better than those offered by banks? They can also process your transactions in (on average) 2 days, compared to the 5-7 days that it can take some banks. More often than not, your Smart trader will also be able to reduce or sometimes eliminate any transfer charges, saving you even more money!

If you haven’t yet collected your FREE report from Smart on "Why Overseas Property Buyers Lose Money… and how YOU can avoid it" get it here

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