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When buying a property in Spain it is likely you will need a foreign currency provider not only for initial deposits and payments but ongoing throughout the years that you own the property.
It is best to get your provider right from the start as any savings will add up to significant sums over the lifetime of your property. For either the initial deposit or ongoing monthly mortgage payments we recommend a specialist currency service such as Moneycorp. This will save not only on transaction costs but provide a better exchange rate compared to the high street banks. |
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| Do you regularly send money overseas? If you are making frequent overseas transfers, the Regular Payment Plan (RPP) from Moneycorp is the service for you. It is specifically tailored for transactions like mortgage payments and pension transfers – and could save you hundreds of pounds a year on your money transfers. Moneycorp, the UK’s leading overseas money transfer specialist, has been dealing in foreign exchange for over 30 years and has a team of currency experts who can help you get more currency for your pounds. That’s just one reason why 99% of Moneycorp customers would recommend their services.* | |||||||||||||||||||||||||||||||||||
| Why use Moneycorp instead of your bank? Because making transfers with Moneycorp is faster, more convenient and much more cost effective. They offer unbeatable exchange rates and they don’t charge commission. |
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| Moneycorp Regular Payment Plan The Regular Payment Plan from Moneycorp is our recommended way for you to transfer your funds abroad. The service will eliminate the time-consuming and costly process of arranging your own regular payments through a UK high street bank. It’s simple to set up and fully automated – your sterling is collected by Direct Debit from your UK account and automatically sent to your overseas bank account. If, for example, you were sending €1,000 a month to Spain using the Regular Payment Plan, you could save more than £800 per year:
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If you are making one-off transactions, expert currency dealers at Moneycorp can help you trade at the right time, to get more currency for your pounds. To benefit from their services, you need to open a free, no-obligation Moneycorp Account.
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