First things first. Let’s talk money. When it comes to sending funds abroad, every penny matters. By using our service, our clients can make savings compared to the high street banks. The potential difference when selling £50,000 with FCD* can be seen below:
* This chart is not drawn to scale. It is intended to represent the range of euro outcomes a consumer may achieve on a transfer of £50,000 transfer of pounds to euros, inclusive of fees and charges.
Comparison data for the high-street banks utilises pricing data provided under licence from FXC Intelligence (www.fxcintel.com), a specialist benchmarking tool, for transactions in July 2020.
The FCD rate is calculated by identifying the average margin across 56 spot GBP to EUR transactions with a value in the range of £25,000-£50,000 performed by Foreign Currency Direct Plc and associated Group Companies (Infinity International Limited) for private clients during July 2020. The margin is calculated using the mid-market rate, obtained from www.exchangerates.org.uk on the day the transaction was performed.
Foreign exchange rates are always moving and quotes will vary. For a live quote please call 01494 725353 today.
