Cuttings


Here is a selection of typical recent press cuttings from mainstream and financial sector media. Please contact us if you need any further information on any of the issues covered.

For press and media enquires call Aisling Ward or Jo Winser at FD Consumer Dynamics on 020 7269 7258 or email by clicking here.

2 in 3 dream of retiring in the sun

Daily Mail - October 11th 2006

Foreign Currency Direct research shows that 2 out of 3 Brits dream of retiring overseas.

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Daily Express features FCD Survey

Daily Express - October 11th 2006

The Daily Express featured results of a Foreign Currency Direct survey about Brits leaving the UK for a new life abroad.

CEO Peter Ellis is quoted, along with our findings about who is buying abroad, and why.

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FCD tops Sunday Times rate survey

Sunday Times - July 16th 2006

Foreign Currency Direct has been ranked at the top of a survey of banks and brokers when it comes to exchange rates.

The survey included a selection of banks and brokers - and our rates showed up to an extra €8,925 for your money, compared with the other suppliers.

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Banks cash in on overseas property investments

Asian Voice - February 11th 2006

Britons abroad could have lost out up to £1.8bn because banks offer such a poor deal on foreign exchange, according to Foreign Currency Direct research.

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Here today but gone Manana

Financial Times

A feature on Ian and Elaine Maxwell, who moved to Spain and used Foreign Currency Direct to avoid excessive Spanish bank charges.

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Helping is a form of currency

Watford Observer - April 2005

Journalist Oliver Phillips tells of his experience using Foreign Currency Direct for all his currency requirements when moving to France for his retirement.

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Smart investors can dodge currency traps

Daily Express (December 2004)

Buying abroad has long ceased to be simply a way of ensuring a cheap holiday. Many purchases today are made as an alternative to conventional investments, often replacing the traditional pension fund.

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Buying abroad? Don't let the banks cash in

BRITONS buying property abroad could have lost out on up to £1.8billion because high street banks offer such a poor deal on foreign exchange, according to new research.

About 550,000 British people own a second home overseas and most will have used a high-street bank to convert their cash into foreign currency before they purchase.

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£1.8bn 'Lost in Transaction'

The 550,000 Britons owning second homes abroad may have lost up to £1,830,840,000 on exchange rates from banks, according to transfer provider Foreign Currency Direct.

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Relocation Relocation Relocation

BRITONS owning second homes abroad may have lost up to £1.83 billion by failing to spot the best exchange rates.

Foreign Currency Direct, which provides money transfers and other services, has launched a campaign to encourage people to shop around when buying property in currencies other than sterling.

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