Foreign Currency Exchange

Transferring currency overseas?

Better demand.
Today's short-term rental market is huge. And the prospect is positive with its appeal extending to digital nomads, corporate tenants.
Better demand.
Today's short-term rental market is huge. And the prospect is positive with its appeal extending to digital nomads, corporate tenants.

Your Frequently Asked Questions Answered

Why would I use a foreign exchange specialist like GC Partners?

GC Partners offer more competitive rates of exchange than the high-street banks when making international payments. Unlike banks, there are no hidden fees or charges plus they offer various currency services designed to deliver cost savings & manage risk against currency fluctuations. They also provide a dedicated account manager for each client who will assist you every step of the way.

How much could I save using GC Partners?

Cost savings can vary. We recommend you compare your banks rate with GC Partners to see what they can save you. Savings will include bank charges, receiving fees, and commissions whilst getting you a fantastic exchange rate at the same time. Why let the bank charge you when you can keep that money in your own pocket!

How can I protect myself against currency fluctuations?

GC Partners offer various transfer options to mitigate your currency risk, and useful services such as rate alerts, so you never miss your ideal exchange rate again. Exchange rates move every second. GC Partners offer live exchange rates which can be booked immediately via their online platform or by simply calling your dedicated account manager. Once you have booked the rate, it is secured and will not change, regardless of any further market fluctuations.

Can I use GC Partners for my monthly mortgage, rent or schooling payments?

Yes, you can purchase amounts from £200 to £10,000 (or equivalent currency) through their website or contact them by telephone for any larger amounts. GC Partners offer a bespoke recurring payments service making your monthly payments easier and more cost-effective than your banks.

How do I buy or sell currency?

Once registered with GC Partners, you can exchange currency online up to a limit of £10,000 GBP (or equivalent currency) or over the phone with your account manager.

What currency buying options are there for a property purchase?

There are a variety of options available to suit all clients. “Spot Deals” are ideal if you need to send money straight away. “Forward Deals” is a Buy now, pay later option. Secure your exchange rate with a small deposit and the currency is then held for you until you pay the balance at an agreed date in the future. Ideal for delayed completions or stage payments when buying off plan “Limit Orders” allow you to set a rate that you would (realistically) like to achieve, and if the rate hits that limit, GC Partners will automatically purchase the currency for you.

How do I know transferring money with GC Partners is safe?

GC Partners is a UK registered company operating in the UAE for the past 15 years. GC Partners is authorised by the Financial Conduct Authority (“FCA”) and registered as a Money Services Business, regulated by HM Revenue & Customs (“HMRC”). They follow strict guidelines to ensure your money is protected. Funds are held in segregated client accounts which means client money is not an asset of their business. They are 100% safe and secure every step of the way.

Currency

Betterhomes understands the complexity involved with property registration that we have decided to offer our clients a value-added service dedicated to the settlement of all sales transactions.

We pride ourselves on our professional approach and exceptional service.

Transferring currency overseas?

Your Frequently Asked Questions Answered

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