Easy funds transfers: no need to worry
If you are a resident of Great-Britain and you decide to take a French mortgage to pay for your property in France, you will probably need to make regular payments from the UK to service this mortgage. This is why BNP Paribas International Buyers has signed a partnership with a leading UK foreign exchange company, to offer you three easy options for making such regular transfers to France. Whichever option you choose, you will benefit from the following:
- The most competitive exchange rates available;
- No commission charges or receiving bank fees;
- No transfer fees;
- A simple-to-use service that is straightforward to set up.
Option 1 - Fix the exchange rate for a period of 6 to 24 months
By fixing the exchange rate, you will know exactly how much your monthly cost will be in Sterling and how many Euros you will then receive in France.
Option 2 - Fix the Sterling amount that you transfer
In selecting this option, you will know how much in Sterling you will have to pay every month, but the Euro amount that you receive in France will vary subject to the exchange rate. You will therefore need to send enough to cover all eventualities, including fluctuations in exchange rates.
Option 3 - Fix the Euro amount that you receive
With this option, youwill knowexactly howmany Euros youwill receive in France eachmonth but will not know howmuch will be debited fromyour Sterling account.With fluctuating exchange rates between Sterling and the Euro, this could vary significantly from one month to the next.
| For more details contact your BNP Paribas International Buyers adviser. |