Examples of the benefits of Currency Exchange?

Please read this information carefully, we are very confident that you’ll like what you see and once you’ve decided you’d like to know more, Brava Connect will personally introduce you. It’s a pleasure to help people to save considerable money using a company who we confidently recommend. If you are worried about the current echonomic climate, please talk to them, it may save you having to move back to your original country! Or help you when you arrive.

1  Save money  – what  would you do with an extra  £3,000?

Apart from the fact that this Currency Exchange does  not charge commission or any fees, they also offer you an exchange rate better than your Bank and save you hundreds, if not thousands, of pounds.

They save you money by negotiating a rate of exchange directly from the currency trading floor. Due to the daily fluctuation in currency rates, banks set their rates every morning to ensure that, no matter what rate they give you, they will never be left short. This is why you’ll notice on bank currency boards they offer a very high rate to sell and a very low rate to buy – they’re covering the eventuality of daily currency movements.

The banks make quite a hefty profit from their customers because they fail to offer the best rate possible. This is one of the reasons many banks report such high profits at the end of the year. To demonstrate this, let’s assume you want to exchange £100,000 for euros and consider this example of using a bank instead of Smart:

  •  Example BANK Rate = 1.20

             £100,000 x 1.20 = 120,000

             Total euros LOST = 3,000

  • Example Using this currency exchange company Rate = 1.23

            £100,000 x 1.23 = 123,000

           Total euros SAVED = 3,000

Aside from great exchange rates, they will also discuss your specific requirements so they can provide you with a solution designed to meet your particular currency needs.

2  Save time – could you use more time and less hassle?

Your entire transaction can be completed over the phone. Once your funds are converted to the currency of your choice, they will transfer the money to your designated overseas location and verify the transfer. This relieves you of the hassle  of wasting time at the bank and chasing for verification.

3  Reduce risk – do you want to make the most out of your budget?

If you’re looking to purchase a large sum of money to buy a property abroad, for example, the last thing you want is to experience adverse currency fluctuations and to see your property purchase price increase dramatically and unexpectedly. These Specialists can help plan your future payments, provide insight as to what the markets are doing and recommend whether it’s a good time to fix an exchange rate for the future.

4  Currency experts – do you want to deal with people who know what  they’re doing?As a currency specialist, they know and understand how the international payment process works. You will be appointed a dedicated international payment specialist who will serve you throughout the entire process. This Specialist is dedicated to offering you what you need, when you need it and will monitor the currency fluctuations minute by minute to keep abreast of market trends.

 And, if you ever need to exchange more funds, your Specialist will be ready to meet your needs. Unlike impersonal and often inefficient banks, you’ll get a real person who cares about getting you the best exchange rate  and the best  service.

Start saving today – call or e-mail penny@bravaconnect.com to get more information. we will put you in touch with the company for a no obligation talk.

 If you contact me, I’ll put you in touch and they can send even more information regarding the different options you could have. This is so much more flexible than the banks. They will explain:-
  • Forward Buying
  • Spot Contracts
  • A Limit Order

Whether you’re transferring money overseas for mortgage payments, topping up a bank account, moving your pension funds, or for any other reason, you’ll want to use the easiest, most cost-effective way possible. By using a high street bank, you may be required to fill in forms for every transfer, you’ll pay the tourist rate plus £10 to £30 per transfer and you’ll be charged by the bank overseas for receiving the funds. It’s no wonder that the banks report profits in the billions!

Why not avoid the banks and make regular overseas payments the wise way? Once you have set up a quarterly/monthly standing order and advised them where to send the funds, the whole process can be automated. Furthermore, this process can be completed over the phone, the fee is only £5 per transfer, you’ll receive commercial rather than tourist rates and in many cases,

the fees imposed by your overseas bank will be reduced, if not eliminated. And, if you so choose, they can fix your exchange rate for six to twelve months in advance. That way, you’ll know the exact amount you need to send and the exact amount you’ll receive in your overseas account.They monitor the currency markets 24 hours a day.

If you have to transfer a large sum of money in the future and you want to ensure against an unexpected increase in the price of your currency. Imagine having a budget set at £25,000 for a staged payment, and due to a change in currency exchange rates, the cost goes up to £30,000. This happens far more often than people think and represents a £5,000 loss for something that is easily preventable. The markets can be volatile and pose a real threat to the price of a large international payment. If there is an indication that a future rate may be higher, it’s sometimes better to fix the rate now. This will allow you to fix your budget and relax in the knowledge you are avoiding an increase in cost.Whether you’re transferring money overseas for mortgage payments, topping up a bank account, moving your pension funds, or for any other reason, you’ll want to use the easiest, most cost-effective way possible. By using a high street bank, you may be required to fill in forms for every transfer, you’ll pay the tourist rate plus £10 to £30 per transfer and you’ll be charged by the bank overseas for receiving the funds. It’s no wonder that the banks report profits in the billions!

Why not avoid the banks and make regular overseas payments this way? Once you have set up a quarterly/monthly standing order and advised them where to send the funds, the whole process can be automated. Furthermore, this process can be completed over the phone, the fee is only £5 per transfer, you’ll receive commercial rather than tourist rates and in many cases,

the fees imposed by your overseas bank will be reduced, if not eliminated. And, if you so choose, they can fix your exchange rate for six to twelve months in advance. That way, you’ll know the exact amount you need to send and the exact amount you’ll receive in your overseas account.

 

DetailsHigh street bankThrough this great compnay
Your cost of each transfer£10 – £30£5*
Overseas bank receiving fee that you pay£10 – £250Reduced, if not eliminated
Rate you’re offeredTourist rateCommercial rate
Your hassle factorVisit to bank and fill in forms for each transferFully automated once set up
Your exchange rate optionFluctuates each monthCan be fixed

* Regular  overseas payments for currencies other than the euro can be processed however the transfer fee varies.

  Regular Overseas Payment Process

 1    Open an Account, I can arrange for them to contact you (simply fill out the Application form or apply online.

 2    Your options – to be discussed with your dedicated trader:

 a. Fix your exchange rate for six months, for example, so you send the same amount of sterling and receive the same amount of foreign currency in your overseas     account.

b. Do not fix the rate of exchange and send the same amount of sterling each period and receive the commercial rate at the time.

 3    Set up a standing order and simply let us know where you

Once you complete the three steps you can sit back, knowing your money will be sent every month/quarter without any further effort. They can provide some intersting case studies.

  1. So you’d like to know more? They will ask you to fill out an Application Form and send it back to them by fax, by emailing them a scan, by post or by filling out their online application. Filling out the form will take less than 10 minutes to complete. The information is required to help them service your requirements prior to your first transaction, to follow FSA guidelines and to carry out the anti-money laundering checks imposed on us by Customs and Excise.In some cases, they may require further documentation including:

• a copy of your passport

 • photo ID driving licence

 • one household utility bill, credit card or bank statement less than 3 months old

 Any bank or financial institution helping to exchange money has to follow the exact same anti-money laundering rules. With the information you provide, we’re required to make sure you are who you say you are, and you live where you say you live.

2    Once your account has been approved and opened (which can happen within hours of receiving your application form) your Specialist will give you a ring to discuss your requirements, answer any questions and, if the time is right, make arrangements for your currency exchange and transfer. 3    After your currency requirements have been discussed and agreed to, they will send you an invoice detailing the details of the exchange plus two forms to assist in easily transferring the money from your account to our Client Account and then on to its final destination.

4    In the event you’re transferring a lump sum, the full amount will be requested immediately, whereas if you’re purchasing a fixed amount for the future, only a small deposit will be required.

5    Finally, they know that transferring large amounts of money can cause a bit of stress. Your Specialist will email you to verify that your money has been transferred so that you can rest assured everything is happening as and when it should.

Once your account is open, discuss options and decide the best course of action. Receive invoice and instructions to assist with the transfer. 

Transfer the full amount or small deposit depending on contract. Receive email confirmation that your funds have been exchanged and transferred.