Pay Your Property Deposit by Card

Pay your overseas property deposit with a credit, or debit, card and get a better rate of exchange than you would by using the card abroad.

How to beat the currency exchange system with credit card payments on property purchases.

If you find yourself in the fortunate position of being able to buy that property abroad, and you need to place a deposit on the property to secure the one you want, then there is an answer.

Pay your initial deposit with your debit, or credit, card.

However, before you get too excited, consider this. I was in Spain recently and used my UK Bank debit card to draw some Euros at the “Hole in the wall”. I drew money on two consecutive days. The exchange rate between the pound and the euro had barely altered, but one bank gave me 1.19 euros to the pound. The other bank gave a rate of 1.23 euros to the pound. If, like me, you suffer from terrible thirst when it’s hot and you need £200 to pay for the drinks, the difference is €8. “Just €8!” I hear you say.

Well change that figure of £200 to £3000 as a house deposit and the difference between one bank’s foreign exchange rate and the other’s is now €120. Not a huge amount, but still worth saving.

FX-Foreignexchange have a facility, through their currency exchange partners, where you can now pay your initial deposit to secure a property abroad by using your debit or credit card. You get an even better rate than the banks can offer. It’s a safe way to pay and painless.

Just call FX-Foreignexchange on 0044 (0)1480 458400, (or email for them to contact you from here) , register your details with them, give them the details of where you want your deposit to go, and they take the payment in your local currency, change it, and send it to the account you’ve asked for it to be sent to.

Paying your overseas property deposit couldn’t be easier. You may even want to spend the money you save on a special dinner to celebrate how clever you are!

A couple of little things, FX-Foreignexchange can’t take card payments over £10,000, and they can’t take less than £2500. On the basis that most initial deposits for new homes abroad are €3,000, or £2,500, this shouldn’t present a problem.

The other area to consider is if you use the same company to change your further stage payments, the difference when using my example, is €1,200 when you change £30,000.

That’s a bit more interesting than the €8 I saved!

Pay Your Deposit by Card

Pay your overseas property deposit with a credit, or debit, card and get a better rate of exchange than you would by using the card abroad.

use a debit, or credit card to pay your property deposit and save money

use a debit, or credit card to pay your property deposit and save money

How to beat the currency exchange system with credit card payments on property purchases.

 

If you find yourself in the fortunate position of being able to buy that property abroad, and you need to place a deposit on the property to secure the one you want, then there is an answer.

Pay your initial deposit with your debit, or credit, card.

However, before you get too excited, consider this. I was in Spain recently and used my UK Bank debit card to draw some Euros at the “Hole in the wall”. I drew money on two consecutive days. The exchange rate between the pound and the euro had barely altered, but one bank gave me 1.19 euros to the pound. The other bank gave a rate of 1.23 euros to the pound. If, like me, you suffer from terrible thirst when it’s hot and you need £200 to pay for the drinks, the difference is €8. “Just €8!” I hear you say.

Well change that figure of £200 to £3000 as a house deposit and the difference between one bank’s foreign exchange rate and the other’s is now €120. Not a huge amount, but still worth saving.

FX-Foreignexchange have a facility, through their currency exchange partners, where you can now pay your initial deposit to secure a property abroad by using your debit or credit card. You get an even better rate than the banks can offer. It’s a safe way to pay and painless.

Just call FX-Foreignexchange on 0044 (0)1480 458400, (or email for them to contact you from here) , register your details with them, give them the details of where you want your deposit to go, and they take the payment in your local currency, change it, and send it to the account you’ve asked for it to be sent to.

Paying your overseas property deposit couldn’t be easier. You may even want to spend the money you save on a special dinner to celebrate how clever you are!

A couple of little things, FX-Foreignexchange can’t take card payments over £10,000, and they can’t take less than £2500. On the basis that most initial deposits for new homes abroad are €3,000, or £2,500, this shouldn’t present a problem.

The other area to consider is if you use the same company to change your further stage payments, the difference when using my example, is €1,200 when you change £30,000.

That’s a bit more interesting than the €8 I saved!

Dollar Today

The rates for The US Dollar this morning are:

Currency Code USD/1 Unit Units/1 USD
UAE Dirham AED 0.2723 3.6741
Australian Dollar AUD 0.864 1.1577
Canadian Dollar CAD 0.9553 1.0471
Cyprus Pound CYP 1.4751 0.678
Euro EUR 1.4751 0.678
British Pound GBP 1.8344 0.5452
Japanese Yen JPY 0.009148 109.33

n.b these are just indication rates as of 8.30am

To buy, or sell, USD at commercial rates, email us here, or use our contact page

Pounds Today

The rates for the GB Pound this morning:

Currency Code GBP/1 Unit Units/1 GBP
UAE. Dirham AED 0.1485 6.7396
Australian Dollar AUD 0.4711 2.1236
Canadian Dollar CAD 0.5209 1.9208
Cyprus Pound CYP 0.8043 1.2436
Egyptian Pound EGP 0.1023 9.9215
Euro EUR 0.8043 1.2436
Japanese Yen JPY 0.004988 200.556
Polish Zloty PLN 0.2406 4.1672

 

 

 

 

 

 

 

GB Pound

 

Buy, or sell, GB Pounds at the best currency exchange rates.

Base Currency: British Pound, GBP on Thursday, August 28, 2008

Currency Code GBP/1 Unit Units/1 GBP
UAE. Dirham AED 0.1479 6.7647
Australian Dollar AUD 0.4664 2.1451
Canadian Dollar CAD 0.5193 1.9265
Cyprus Pound CYP 0.7986 1.2523
Egyptian Pound EGP 0.1021 9.9514
British Pound GBP 1 1
Japanese Yen JPY 0.004968 201.354
Polish Zloty PLN 0.2402 4.1745
US Dollar USD 0.5432 1.8412

Dollar Rates

The rates for The US Dollar this morning are:

Base Currency: US Dollar, USD on Thursday, August 28, 2008

Currency Code USD/1 Unit Units/1 USD
UAE Dirham AED 0.2723 3.6741
Australian Dollar AUD 0.8585 1.1651
Canadian Dollar CAD 0.956 1.0464
Euro EUR 1.4703 0.6802
British Pound GBP 1.8412 0.5432
Japanese Yen JPY 0.009145 109.365

To buy, or sell, USD at commercial rates, email us here, or use our contact page

USD

Buy or Sell US Dollars here. Get the USD at the best rate today, with NO COMMISSION charged.

Commercial transactions made at commercial rates.

Minimum currency exchange trades of $7,000 USD.

Call UK  +44 (0)1480 458400 , GMT 8.30am – 8.30pm.

e: usd@fx-foreignexchange.com

We have associate offices in SPAIN, PORTUGAL, DUBAI and the UK for foreign exchange transactions made locally.

Below are an indication of today’s global currency exchange rates for the American Dollar.

CURRENCIES

HIGH

LOW

GBP-EUR

1.2633

1.2226

GBP-USD

1.8703

1.8389

GBP-AED

6.8659

6.7503

GBP-BRL

3.0326

2.9813

GBP-EGP

9.9769

9.6518

GBP-TRY

2.2381

2.1533

EUR-USD

1.4833 1.4566

EUR-BRL

2.4065

2.3582

EUR-AED

5.4426

5.2521

USD-AED

3.6722

3.671

USD-EUR 0.67847 0.6656
USD-EGP 5.3382 5.1751

n.b these are just indication rates as of 8.30am on Thursday 21st August, 2008

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