If you are visiting Immogo, you are obviously planning to buy or sell a property in France. Good for you! No matter wether you are selling or buying, you (or your buyer) will need to transfer money to or from France. That means changing £pounds£ to €euros€. Now of course you could just use your bank. And for smaller amounts that is usually the easiest way to go. You already have a bank. But when it comes to the transfer of hundreds of thousands of euros, your bank might not be the best way to go. You will probably be paying more than you need to. A specialist provider like Lumon could help you save quite a lot of money. And hey, even if it is just a couple of hundreds saved on a total sale or acquisition of your property… that is still the equivalent of a very nice farewell or welcome meal in a good restaurant.
Not only can Lumon offer competitive exchange rates compared to high street banks, they also understand the foreign property market. They’ve helped thousands of clients to buy or sell abroad and transfer the funds, so they’re well placed to organise the transfer and send payment directly to the French solicitor organising the sale.
Lumon has a number of options available. There is the forward contract, an agreement to purchase currency for a date in the future without having to pay for it all up-front. This is especially interesting if you believe the price of the currency you will be buying will go up. Paying a small deposit to Lumon you can lock in an exchange rate for up to a year in advance. So when it is time to buy, you can pay the locked in price no matter the actual exchange rate. You’ll be laughing all the way to the bank. Well, not the bank, but you know what I mean.
Would you like to learn more? Check out Lumon here.
Some of the reasons I recommend Lumon for your currency needs.
• Competitive exchange rates
• Dedicated Account Managers with expert market knowledge
• Easy transfer of funds when you need them
• Long established reputation having traded since 2000
• Thousands of 5 star feefo ratings from customers
Plus… they pay me a commission for every new client I send them, so you’ll be helping Immogo as well! 😉
Go for it!