Global Currency Exchange deals

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Currencies - Cross Rates

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Just reduced. Must sell quick.

Stunning 2 storey villa in the heart of the Sierra Nevada mountains complete with separate B&B accommodation consisting of 2 self contained rooms with disabled toilets and town hall licences.

The ground floor of the property has been converted in to high quality horse stables with capacity for 4 horses, and is ideally positions for people who would enjoy horse trekking in the mountains.

The main accommodation consists of 2 bedrooms, a huge lounge dining area, an American style kitchen and a large bathroom. But this property is much more than that; there is a sunny terrace which runs the full length of the property and features stunning views down the valley. There is a paddock for the horses. The property has it’s own spring with flows in to a large drinking trough near the entrance to the main building.

There is an existing mortgage on this property which we understand could be passed on to the new owner.

This is a business, opportunity, a lifestyle change and a wonderful house, that has been reduced by almost 150,000 euros to encourage a quick sale.

Price only 200,000 Euro

cforms contact form by delicious:days

Currency Exchange and Currency transfers for your Property Purchase Abroad.

The Foreign Currency Exchange market is the world’s largest financial market, in excess of 1.5 trillion US dollars are being exchanged daily.

The process of Foreign currency exchange transfers couldn’t be easier. and as most services - money transfer is a free service with our Foreign Exchange partner.

However, be aware that some companies make charges for transfering money abroad.

Here is a simple 3 step guide:

Step 1. Open an account

Complete an application form and ensure you have usually two forms of ID: (1) photographic (2) proof of residence.

Step 2. Buy your currency

Speak to a currency dealer and they will give you the current market rate. If you are happy with the quotation they will buy the currency on your behalf. This trade is usually confirmed in writing by way of a deal receipt and usually provides instructions on how, when, and where to make payment for your currency.

Step 3. Get your currency

Once cleared funds are received by your dealer, they will promptly transfer your exchanged currency to any bank account of your choice, worldwide, the same day.

Other than just choosing any particular day to exchange your money, you could choose other dates to make the currency exchange. It may be that you have decided to buy a new property that won’t need the final balance to be paid until 18 month’s time. In this case, it may suit you to do a ’spot deal’ today for the deposit and arrange for a ‘forward deal’ for the final balance. By doing this, you will have just ‘fixed’ the purchase price to your home currency and will have ensured that you don’t get caught out by a weakening home currency, or a strengthening one in the country of your purchase. This can save people thousands.

Here are 4 basic types of transaction:

• Spot Contract
A spot contract is undertaken when you buy currency at the prevailing exchange rate at the time of the transaction and make payment within two working days. This transaction is typically used for deposit payments on property or for full payment if the funds to pay for the transaction are available.

• Forward Currency Contracts
A forward contract is undertaken when you fix the exchange rate now for a specific date from one to 24 months in the future. As an example, your final payment for a home abroad may be the equivalent of £100,000. You could fix that exchange rate today with a small deposit, and pay for the bulk of that transaction at the completion of the forward contract. To guarantee the exchange rate, private clients will have to pay for at least 10% of the value straight away (a margin deposit) and the balance on or before the maturity of the contract.

• Time-Option Forward Contracts
You may also reserve a time-option forward contract. This contract allows greater flexibility in paying. For example, a property developer may give you a date of December 2008 as an approximate completion date but may tell you it could take a bit longer. Your dealer may recommend that you set a date for your forward contract of February 2009 and you are free to settle that contract anytime before the maturity date with no penalty.

• Limit Order
Limit Orders allow a client to set the rate at that which they would like to exchange their currency. Our foreign Exchange partner will monitor the market for you and if the rate can be achieved, we will purchase the currency on your behalf. We would then notify you of the due date for your payment. This is particularly important for contracts of substantial value where a small currency fluctuation may have huge implications.
Getting Started

If you would like further information please call our Private Client Desk on 01480 458400. You may also register online with us. We will contact you to activate your account. In order to complete the registration process, we require two forms of identification. Please also provide us with a copy of your passport or driving licence and a utility bill, council tax bill or landline telephone bill with your address.

The value of your foreign currency can be fixed for a given period ahead. If you don’t wish to transfer your money now, you can book the rate of exchange now, for a date ahead.

To discuss how best to make a currency exchange into euros at the best rate, talk to a foreign currency exchange specialist. visit fx-foreignexchange,

The Silver Coast hugs the North Atlantic coastline and stretches from the industrial district of Porto down to Portugal’s largest city, Lisbon.

Until recently the region of the Silver Coast was a well kept secret that only the locals knew about. But now this area, with its rolling landscape, beautiful beaches, great sporting facilities and affordable real estate is a popular destination for tourists, golfers and property investors alike. Listed as the third most profitable location in Europe to invest in (by “A Place in the Sun”), the Silver Coast could be the ideal place to buy a second holiday home investment. The Silver Coast offers good prospects for rental from both the local market and from holidaymakers. The area is cheaper than the Algarve and has the potential of significant property price rises.

For properties for sale on the Silver Coast……  click here

The Silver Coast (locally known as Costa de Prata) is less than an hour’s drive from Lisbon International airport along ….. Read the rest of this article here

silver coast beaches

The Silver coast, in Portugal boasts white sandy beaches that stretch for miles. But, what most people don’t know is that the Silver coast offers better homes plus better prices. Better Homes? Well, they are generally considerably better value than most other areas in Europe. The British buyers discovered the Silver cost about 2 years ago. However, even with better prices, the international property buyers haven’t bought there in their droves…. Yet.

Old farmhouse for sale on the silver coast

However, there are signs that the buyers are bucking the trend at the moment. The Silver coast clearly has what it takes: Easy access through Lisbon’s International airport, great rail and road access and better homes plus better prices.

luxury villas for sale, silver coast

To view a selection of over 200 International properties for sale on the Silver coast, Portugal view Algarveprop.com and contact the local office through their website. They have properties there for sale from just €40,000 up to several million. They have everything from small plots of land right through to a luxury villa for sale.

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Looking for a hideaway property in a sublime location?

This penthouse apartment must be in one of the most sublime locations of all.

It sits nestled above the beautiful natural Andratx harbour in the southwest of Mallorca. The up-market harbour offers quaint local shops and seafront restaurants, together with a marina and sailing club where even the little ones can spend their time learning to sail in the safe harbour environment.

If you are looking for the perfect combination of a sublime location and a place in the sun, this one bedroom apartment is surely one of the loveliest homes overseas available. Priced at just 590,000 euros, this penthouse offers sea views from the 50 square metre terrace, and a communal pool shared between just 20 apartments.

More information on this penthouse, and other overseas properties abroad can be viewed at Gatehouse Elite, which offers a full portfolio of luxury homes overseas, all set in the prime locations.

Sintra is located on the West coast of Portugal, in the district of Lisbon and has many major tourist attractions such as the Pena Palace, Palacio Nacional de Sintra and the Castelo dos Mouros. Sintra is a Unesco World Heritage Site due to it’s 19th century Roman architecture. Just 18 kilometres west of Sintra you will find Cabo da Roca which is the westernmost point of mainland Europe. If you are looking for a property in Sintra near Lisbon visit our website www.algarveprop.com plus there are other properties for sale in Portugal.

Rustic 2 bedroom villa in Sintra just 15 minutes drive north of downtown Sintra. Large 30,000 m2 plot and horse stables-price is €600,000 euros. Email us here for further information ref aces_aev_1004.

Modern 5 bedroom villa with heated pool and surrounded by lush trees and vegetation. 395m2 internal area-price is €799,000 euros. Email us here for further information ref aces_aev_1029.

4 bedroom villa in top quality golf resort with tennis centre, spa, restaurants and 24 hour security. Price is €850,000 euros. Email us here for further information ref aces_aev_1018.

Charming 3 bedroom villa with 2 bedroom house and magnificent views towards the Sintra hills. In a quiet area on a large plot of 5000m2-price is €1,090,000 euros. Email us here for further information ref aces_aev_1021.

Superb new 5 bedroom villa in a golf resort in Sintra. Features include 2 swimming pools and gymnasium, air con and wine cellar. Price is €1,125,000 euros-email us here for further information ref aces_aev_1012.

Cascais is a coastal town situated 30 kilometres west of Lisbon on the Lisbon Coast. The town was formerly a fishing village but is now a popular holiday spot for Portuguese and foreign tourists alike. Cascais is surrounded by beautiful beaches such as Guincho Beach to the west and is a popular region for sailing, windsurfing and kitesurfing due to wind and sea conditions. Cascais is one of the richest municipalities in Portugal and was used by Portugal’s royal family as well as becoming home for exiled royal families of Europe. Below is a selection of properties for sale in Cascais. For further details of properties for sale in Portugal or visit our website www.algarveprop.com

4 bedroom semi detached property set in a private condominium with a communal pool. This spacious property has a covered area of 195m2 and is close to the Guincho beach in Cascais. The price is €400,000 euros. Email us here for further information-ref aces_aet_1001

2 bedroom first floor apartment for sale in Cascais on development with communal pool and reception service. Living area of 130m2 and priced at €450,000 euros. Email us here for further information ref aces_aea_1012.

6 bedroom semi-detached property just 5 minutes walk from the centre of Cascais. High standard of construction and communal pool and gardens. A great West coast property. Price is €550,000 euros. Email us here for further information ref-aces_aet_1009.

Large 6 bedroom, 6 bathroom luxury villa located within a golf development in Cascais. Features include air con, garage, basement and central heating. Price is €925,000 euros. Email us here for further information-ref aces_aev_1007

Brand new 5 bedroom villa in golf resort in Cascais with intelligent house system and underfloor heating. Also features, cinema, games room, gym and wine cellar. Price is €1,650,000 euros. Email us here for further information ref aces_aev_1008.

Owing to a Mediterranean type microclimate, the Estoril Coast in the West of Portugal, has mild winters and an ideal summer temperature which never gets too hot. The autumn is ideal and is like a second spring. This West Coast area starts in Carcavelos, 15 kilometres from Lisbon, and stretches as far as Guincho, striking a harmonious blend between the delights of the land and the enchanting beauty of the sea. The Estoril Coast, in West Portugal, has 7 golf courses, all with individual characteristics. The Estoril Casino is the largest in Europe. There is a great deal of entertainment here, including different types of gambling and nightly cabaret and music hall shows in a sophisticated atmosphere.

5 bedroom, 3 bathroom villa for sale in Estoril. This property has distant sea views and is just a few minutes away from shops, restaurants and amenities. Price is €425,000 euros-email us here for further information ref aces_aev_1033

Charming 2 bedroom apartment with nice garden close to the Casino in Estoril. This property has lots of character and is in walking distance to shops etc. Price is €550,000 euros-email us here for more information ref aces_aea_1016

4 bedroom luxury apartment in an exclusive condominium in Estoril. Top quality finishings and prime location. Price is €800,000 euros-email us here for further information ref aces_aea1026.

6 bedroom villa in one of the most sought after residential areas of Estoril. Originally built in 1933 and beautifully renovated in 2005-price is €1,250,000 euros. Email us here for further information ref aces_aev_1038.

If you are looking for a property in Estoril on Portugal’s West Coast, near Lisbon, please see a selection below or email us here for details of alternative properties.

The recent announcement by the Irish Government that they will make a public guarantee to all customers of all six Irish banks with their headquarters in Ireland, has rocked other countries.

It now appears that the inducement of a safe haven of an Irish bank offering a guarantee backed by the Irish government has started a stampede of investment transfers. This is not surprising when the financial world is currently a very uncertain environment and other governments offer much lower thresholds as guarantee levels for investors, should a bank foreclose.

With the British government now talking of raising it’s public guarantee to £50,000, the unlimited guarantee looks very attractive to high net worth individuals. Foreign exchange specialists have been exceedingly busy in the last few days, exchanging pounds sterling for euros and transferring the funds to Ireland.

The 6 Irish banks benefitting from this are: Allied Irish bank, Bank of Ireland, Anglo Irish bank, Irish Nationwide Building society, the Educational Building Society (EBS), Irish Life & permanent combined with the Permanent TSB.

The value of the euro against the pound can be fixed for a given period ahead. If you don’t wish to transfer your deposit money now, you can book the rate of exchange now, for a date ahead.

To discuss how best to make a currency exchange into euros at the best rate, talk to a foreign currency exchange specialist. visit fx-foreignexchange, or call 01480 458400.

Despite the recent market conditions, property sales in Portugal seem to be bucking the trend. There are many reasons why people continue to buy property in Portugal.
Investors, mainly from Northern Europe, are still looking for a safe place to invest their money, away from the banks and into the traditional commodity, property. Portugal still offers great value, especially in the West coast areas and the central regions including the Alentejo. Prices are still relatively low and there still seems to be enough tenants for the properties.
Other investors are using the “credit crunch” to take advantage of the bargain properties in the Algarve. Developers haven´t over-developed in the same way that the Spanish and Turkish developers have, so the market is still strong enough to give an investor confidence, but the developers do seem to be offering great deals just to shift properties and to reduce their gearing with the banks.
Lifestyle buyers are able to pick up some great deals, especially in the Algarve, as owners in other countries have been forced to sell. The property market in Portugal offers sufficient variation in style, location and price to suit all tastes. The airports are well served from all over the world and flights from Northern Europe are frequent and cheap. The perfect recipe for lifestyle buyers.
To find a large selection of properties for sale in the Algarve, west coast, silver coast and the centre of Portugal, visit Algarveprop.com, THE property specialists for Portugal.

Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, visit fx-foreignexchange, and we will get back to you with the best foreign currency exchange rates.

Looking for a beautiful seaview property in the Algarve? Below is a selection of apartments with sea views in the Algarve…for a wider range of apartments with sea views in the Algarve visit www.algarveprop.com

Burgau - €160,000
Apartment with Sea Views

This two bedroom, third floor apartment, has views looking over the fishermen’s village of Burgau towards the cliffs and out to sea. The property comprises of two bedrooms, family bathroom, lounge/dining room, and fully fitted kitchen.

Email here for further information ref: phs_LAG 0197A

Albufeira - €750,000
Apartment With Sea Views

Split-level penthouse located on a small beach near Albufeira. There are stunning sea views, 3 bedrooms, 2 bathrooms, office, large living room & open plan fitted kitchen. In the basement there is the garage and also some extra storage.

Email here for further information ref: 7Q_8109

Albufeira - €240,000
Apartment With Sea Views

Set amongst the traditional cobbled streets this two bedroom two bathroom apartment is in a perfect location in the centre of ‘Old Town’ Albufeira. The apartment benefits from a large balcony with great ocean views.

Email here for further information ref: phs_ ALB 1600A

Vale do Lobo - €667,000
Apartment With Sea Views

Set within Vale do Lobo II, this 2 bedroom apartment boasts views of the sea and is walking distance to the beach. It includes hard wood flooring, a fitted kitchen, double glazed, a lovely swimming pool, a lounge/dining area, 3 bedrooms & 2 bathrooms.

Email here for further information ref: map_ 823

Dunas Douradas - €1,100,000
Apartments With Sea Views

A front line south facing 2 bedroom apartment with magnificent sea views from all the terraces, bedrooms and lounge. The Beach Club is a private condominium, 24 hour reception/security, bar/restaurant, in & out door pools, gymn and supervised beach.

Email here for further information ref: gt_ dd11

Carvoeiro - €170,000
Apartments With Sea Views

An excellent one bedroom apartment built in 2007 in an elevated position within the centre of Carvoeiro. The apartment offers spacious rooms and has a large roof terrace that enjoys sea views. The development also has a communal swimming pool.

Email here for further information ref: luse_A1016C

Lagos - €475,000
Apartments With Sea Views

An exclusive development of 2 and 3 bedroom apartments situated by the breathtaking Meia Praia and close to the town and marina in Lagos. The apartments have a communal roof top swimming pool with extensive terraces and views over the bay.

Email here for further information ref: luse_A108

For a wider range or apartments with sea views in the Algarve visit www.algarveprop.com

Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, visit fx-foreignexchange, and we will get back to you with the best foreign currency exchange rates.

Brian Elder from Be At Home now offers a complete door to ceiling service if you’re in the market for a Toronto Condo. There is a massive selection of Condos in Toronto for sale and as a member of the Real Estate board you can also expect the very best service.

Check out Condo Corner for a complete list of current condos on the market in Toronto.

As part of the sales service Be at Home also offer a complete design service with access to a database of Toronto’s finest interior decorating suppliers. So now you can move in to your new Toronto Condo complete with interior design and decoration.

The Toronto Condo web site also features Brian’s property of the week. How about this stunning Toronto Condo..

Pure Luxury at Murano. This 2bdrm Opalini model is aprx 927sf and is on a high floor with spectacular south facing views! The open concept living/dining/kitchen with a walkout to full length balcony from living room is perfect for entertaining. The master suite offers a glamorous bath with separate shower and a HUGE walk-in closet. Parking and locker are available with a price to be determined. The building offers amenities such as indoor pool, billiards room, running track and guest suites. Enjoy the convenience of being steps to the grocery store, shopping and all downtown has to offer!!

Find out the price of this Toronto Condo

Transferring your pension abroad need not cost you a fortune every month.

If you use your bank to make the pension transfer overseas, it´s likely that you will be much more than you need to in charges, commissions and the currency exchange rate.

As more and more people have chosen to retire overseas, the banking system is set to gain from this migration. However, whether you have a state pension or a private pension scheme, the taxation treatment of your money may be different depending on the arrangement that the UK tax office has with your new homeland. Relying on conversations with friends, who have already moved abroad, is useful. But, take great care to get the right information from the tax office.

If you are a UK resident and choose to retire in the United States, you will currently benefit from annual increases in your state pension. If you choose to retire to places like South Africa, New Zealand or Canada, your pension is likely to remain at the level that it was when you moved abroad.

Variations in tax law may mean that you may also have to pay more tax, or possibly pay tax in both Countries as the money originates in the UK and you are spending it abroad.

Before moving abroad, I suggest you have a word with a Tax specialist in Pensions. They could save you a great deal of money.

Currency Exchange.

Now that you have established what you are likely to receive from your pension while living overseas, it is worth discussing your plans with a currency broker. Currency Exchange dealers can save you a great deal of money when you are making regular monthly payments.

Ratheer than rely on the good nature of your originating bank to keep the costs down and to give you a great rate of exchange, why not go to a currency conversion specialist like fx-foreignexchange, who have a simple system for making these monthly transfers?

Because it´s simple, it´s cheap! You instruct your bank to transfer the monthly pension payment to fx-foreignexchange. At the end of the month, the presiding rate of exchange is applied to the pension amount and the money is converted into your destination currency. The money is then transferred to the bank account in your new home country without commission or transfer charges. Often, if fx-foreignexchange have a bank account in your destination country, there won´t be any receiving charges either.
It´s efficient and cost-effective.

To speak to someone about making a regular monthly payment abroad just call the UK, 0044 1480 458400

In these difficult times, you need all the help you can get just to keep hold of your hard earned money.

• You may be in business and have a need to regularly pay suppliers abroad.
• You may be an expatriate and have a need for a regular monthly payment to be transferred overseas.
• You may have decided to emigrate and have a need to move nearly all of your savings.
• You may have just decided to buy that, longed for, holiday home abroad and have a need to transfer your savings as a deposit.

Whatever your reason for moving money abroad and having to exchange the currency to another type, you need to choose your currency dealer wisely. This is mainly because there are usually seemingly small charges applied to the currency exchange deal AND some foreign exchange brokers will not give you the best rate available.

Yesterday, I even heard of 2 different banks who offered a client a rate of exchange that sounded competitive and confirmed that there would not be any charges by them for the transfer or at the receiving bank. In both cases, this was completely untrue! The clients dutifully told their managers to make the transfers. When they received their exchanged money, charges had been applied at both the sending and receiving banks in addition to a completely different rate of exchange being applied!

When each client visited their banks for an explanation, it was like the bank managers were reading from the same script. Both offered the lame excuse that they merely processed the exchange of currency. After that, the rate of exchange was applied by the dealing room whenever they got around to doing the deal. No explanation was offered to explain the charges.

If these people had used a professional currency exchange dealer, they would have had a contract with the rate of exchange on it and a full explanation of charges applied if there were any. They would have known exactly how much they would receive.

Why use a bank when you are protected by this form of contract? If you regularly make payments abroad, or need to make a one-off currency exchange try fx-foreignexchange.com. You will be dealing with professionals.

• Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account
• GCEN have offices in Dubai for the UAE, Near London, Spain and Portugal

GLOBAL CURRENCY EXCHANGE Rates - aed,gbp,jpy,eur,cad,aud,usd,brl,pln

Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed, brl, pln, and more.

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Finding a good builder can be a hard and time consuming task. You want a builder who can start when you need them to and who doesn’t take to long to build. You need a builder who will build in your price range, will build you the house you want.

Home Builders Australia helps people in Australia find a builder in their local area, for example there is a good selection of Brisbane Builders and Perth Builders with building types, reviews, types of house construction eg sloping block specialist and display home locations etc.

Some builders will build your house plans, this allows you to design a house to your budget and taste and also your block and you need to know which builders will do this for you. Home builders Australia is a great resource for people looking to build with display home locations, land estates, and builders.

Dubai is the hotspot for real estate investments. The reasons are not difficult to find. There are innumerable reasons that can be listed to explain why you should invest in Dubai’s real estate market instead of other places.

You get an excellent deal, as it is cheaper to buy property in Dubai in comparison to other similar trading hubs around the world like London or other European cities. The city is a lifestyle paradise where nearly 180 nationalists and cultures come together and live in peace. Multicultural and
multilingual, this city can make anyone feel at home. The government is lenient towards foreign investors and does not levy any burdensome taxes. Low crime and corruption rates make Dubai relatively safer than other countries with high crime rates. A strategic location at the confluence of
all continents makes Dubai attractive to investors across the world to come to invest here. One of the fastest growing cities in the world, Dubai offers state of the art infrastructure and world-class business environment.

Unlike other investment options like hedge funds, stocks etc, and property prices are stable. In times of inflation when other investments erode, property continues to grow in value. Rental income from property is a stable source of income, and while it might fluctuate a bit, it is unlikely to completely vanish. Unlike other markets, Dubai real estate market is open to all investors.

With liberalization and globalization being the present buzzwords, Dubai’s real estate market is bound to get a boost due to inflow of funds and liquidity. Dubai’s real estate sector is barely a few years old and offers a plethora of investment opportunities assured to give good returns. Still in a nascent stage, there is tremendous scope for Dubai real estate industry to grow. Investing in Dubai properties can help earn consistent money by renting out properties. Lavish lifestyle, tall buildings, world-class
facilities, Dubai is a fast-growing economy. A heaven for investors, whether big or small, Dubai has something to offer for all kinds of investors.

A liberal economic system and no foreign exchange controls, trade barriers or quotas, Dubai holds the distinction of being the No. 1 city among the GCC countries. World-class laws, a state-of-the-art land registry and a strongly-led regulatory authority, Dubai offers 100 percent repatriation on capital and profits to investors. One of the safest cities in the world, Dubai offers strong incentives and protection to investors.

Known for its largest mall and tallest buildings, Dubai is the front-runner in developing mega projects and theme parks. Nearly 20 percent of the world’s construction cranes are involved in 200 mega projects in Dubai. Expected to absorb hundreds of thousands of residents and 15 million tourists and 120 million passengers by 2010, Dubai is growing at an incomparable rate.

One of the most proactive developers in the Middle East, Dubai can give you the right kind of investment opportunity to suit your budget and aspirations. So why not grab the opportunity and make hay while the sun shines?

• Global Currency Exchange Network, bring you daily currency exchange rates. For currency conversion, and money transfers, go to our website to create a free money transfer account 

• Here is a sample of the global currency exchange rates from this morning. If you would like to be kept informed of any particular currency exchange rate, just let us know in the form below this table. We trade commercial amounts and commercial rates

  GLOBAL CURRENCY EXCHANGE NETWORK - gbp,aed.pln,usd,brl,cad,aud,eur

Base Currency is the GBP, British Pound:

n.b. These are just indication rates as of 8.30am on Sunday 14th September

Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more.

Buy your AED, Dirhams, wisely

One property market that doesn’t seem to have run out of steam is Dubai and Abu Dhabi. Dubai has opened it’s arms to property investors and now, it appears that Abu Dhabi is quietly doing the same.

Buildings are being constructed at an alarming rate, ever skyward, along with the prices. Tales are told of some properties being sold on 12 times before the property has even been handed over by the builder! With a property market like this, it’s easy to fall prey to the silver-tongued salesman with promises of vast profits in weeks.

The truth is, it really is happening. I spoke to one of my colleagues the other day who is noted for her conservative approach to parting with her own hard-earned money, and she has even bought a property on the hope of selling it before completion.

However, she does have an advantage. She can buy her Dirhams, or AED as we know it, just when the rate against the pound and the Euro suits her. She waits until the rate peaks between the pound and the Dirham, then buys as many Dirhams as she can. Over time, she has made the difference of 5%. In real terms, this means her property will be 5% cheaper than it may have been if she traded at the lower exchange rate.

If you are considering buying abroad, it is advisable to have a chat with a professional currency broker to see which methods of buying foreign currency will suit you best. The advice will cost nothing, but may save you thousands as it has for my colleague.

Get the best currency exchange rate available today… Just call our Head Office on +44 (0) 1480 458 400 if outside the UK, or 01480 458400 ( in the Uk) and we’ll quote you the best exchange rate for Euro, usd, gbp, aed and more. Alternatively, fill in the short form below, and we will get back to you with the best foreign currency exchange rates.