Buying or selling property overseas?

Buying property abroad can be a complex and stressful process without having to worry about fluctuating exchange rates and uncompetitive margins that most high street banks charge. You want to avoid paying more than you need to for the foreign currency you will require to complete the transaction. 

UKForex can help

We can help by quoting competitive exchange rates which will save you money and you will also be allocated your own, dedicated foreign exchange dealer who will walk you through the process, answer any questions you may have and help you develop a strategy to maximise the timing of your transaction.

Basically, you find the PERFECT overseas property to buy and UKForex will give you the best exchange rate to buy it with!

How to use UKForex to send money abroad

  1. Login to your account & get a quote
  2. Enter recipient bank account details to book your transaction
  3. Send us the funds, relax and we'll deliver the funds as quickly as possible.

Case Study:

Having just moved from New Zealand to the UK, Margaret wanted to transfer the proceeds from the sale of her house in NZ which she sold for NZD $590,000 to her British bank account. Margaret called her NZ bank and was offered a GBP/NZD rate of 1.8206 (inverse = 0.5493) meaning she would receive £324,087. The bank also wanted to charge a NZD$50 fee (GBP £30).

Margaret then called UKForex and asked for a rate for her to sell $590,000 in exchange for British Pounds. UKForex provided access to the best available rate of 1.7880 (inverse = 0.5593), with no fees or hidden costs. Margaret confirmed the transaction online and received £329,987.

Margaret saves:
GBP£5,900 on the rate
GBP£30 on the fee

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UKForex Limited (trading as “OFX”) is: registered in England and Wales (Company No. 04631395) with registered office at 1st Floor 85 Gracechurch Street, London EC3V 0AA; registered with HMRC as a Money Services Business under the Money Laundering Regulations (reg. no. 12219180); and authorised by the FCA as an Authorised Payment Institution (Firm Ref. No. 521566).