Spot transaction:
How it works when you’re buying

In August 2010, Mr Davies bought a house in France. He needed to make an immediate transfer of €240,000 to complete the purchase.

He tried his bank, and they gave him an exchange rate of 1.1980. He came to us, and we agreed 1.2160.

He decided to work with us and transferred the sterling equivalent - £197,368.42 – to us. The very same day we received Mr Davies’ money, we made an onward payment of €240,000 to the French bank account he had nominated.

Because he worked with us, Mr Davies saved £2,965.47, enough to pay for his landscaping.

Call us on 0800 783 6022, or +44 20 7801 9080. You can also ask us to call you back.

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