Expat Money Transfer
Relocating for Work:
Transfer Money Abroad
If you’re relocating for work, you’re likely to be embarking on a new adventure but there’s a lot to think about. You’ll need to think about moving your possessions, maybe selling your car and purchasing a new one and even purchasing a new home. Whatever it might be, you’re going to need to think about how to transfer your money abroad.Â
While you might think that this is a simple process, it is one that requires expertise. Opting for a sub-standard money transfer service or even relying on your own bank could result in problems and you might even lose or spend more money than you need to. Instead, choosing a provider like St. George Foreign Exchange, means you can make fast, secure international payments and protect your money with risk management solutions.Â
Relocating for Work:
Key Factors
Speak to a specialist at St. George Foreign Exchange who can guide you through the process of relocating for work, and transferring your money securely.
Why You Need A Professional Service
Whether you are transferring all of your money or part of your savings overseas, you’ll need to consider the currency you are moving to. One of the most important factors here is the foreign exchange market and having insight and expertise in this can make a huge difference to the entire process.
Markets are forever changing and shifting, and the exchange rate can cause a currency fluctuation between your current currency and the new currency. Therefore, there are risks associated with transferring money overseas. This can include losing money through something as simple as making a decision at the wrong time.
Along with this, you’ll also need to make sure you don’t overspend on fees. Banks are known to be the most popular choice for those relocating overseas because of the simplicity of being able to approach their bank and going through the process. However, banks can often be costly and money transfers can take longer than expected. Instead, relying on an international payments expert such as St. George Foreign Exchange provides you access to competitive rates, low fees and an easy-to-use online platform for managing your account and your money.
Relocating for Work:
Considerations
Money Transfer Services
It’s imperative that you make your money work as hard as possible for you. Using foreign exchange specialists, you’ll be able to take advantage of insight and gain a clear understanding of the markets, helping to mitigate risks that are associated with transferring money overseas.Â
With our money transfer services, you’ll benefit from first-class support and market monitoring that will enable you to make an informed decision when you make a money transfer. One shift in the wrong direction could see you lose thousands of pounds, but one shift in the right direction could result in your money increasing – it’s the ability to monitor and identify the currency fluctuation that enables you to avoid negative impacts on the Foreign Exchange markets.
There is also the potential to lock-in exchange rates using forward contracts instead of, or alongside the securing the spot rate – something that you might not benefit from when turning to a high street bank.
Using our expert money transfer services, we will provide you with access to a wealth of knowledge that you can trust and rely upon. Your money transfer is seamless, quick and efficient, ensuring you take action at the right time.
St. George Foreign Exchange can help you to transfer money abroad when you’re relocating for work by offering a fast, efficient and secure service. For further information on how St. George Foreign Exchange can help please contact us.
FAQ:
Working Abroad
How can I transfer my savings to another currency at a good rate?
What is the best way for a freelancer to make and receive foreign payments?
We offer risk management solutions such as MYou can set up an account and provide our bank account details to your clients. Funds received are then allocated to your multi-currency account. From here you can convert the funds to your chosen currency and send the payment to your nominated bank account, all fee-free arket Orders, Exchange Rate Alerts and Forward Contracts to minimise the risk of currency fluctuations.
Can your service benefit me with receiving wages in a foreign currency?
Yes, your payroll department can send funds to your multi-currency account held with St. George Foreign Exchange. Once received you can convert and send funds to your personal bank account in any currency and country we support
I receive payments from many overseas sources, can you offer guidance for my specific circumstances?
Products:
Manage Risk
St. George Foreign Exchange offers a specialist service in the deliverable foreign exchange market, promoting a range of products and services, available online or over the phone. Our products have been designed to meet the needs of our clients when sending money overseas, and are ways for businesses, and individuals, to manage and mitigate currency risk.Â
Spot Contract
A Spot Contract from St. George Foreign Exchange allows you to exchange currency at the current market rate for immediate settlement, ensuring quick.
Forward Contract
A Forward Contract from St. George Foreign Exchange secures an exchange rate for a future date, safeguarding your transactions from currency volatility.
Market Order
A Market Order from St. George Foreign Exchange lets you set target exchange rates, automatically executing transactions when the market meets your desired rate.
Rate Alerts
Rate Alerts from St. George Foreign Exchange notify you of favorable currency movements, helping you make informed exchange decisions at optimal times.
Benefits:
St. George Foreign Exchange
Tailored Currency Solutions
Customized strategies to meet unique business and individual needs, ensuring efficient and personalized service.
Competitive Rates
Access to favorable exchange rates helps optimize costs, benefiting your cash flow and profitability.
Risk Management
Tools like Forward Contracts, Spot Contracts, and Market Orders reduce exposure to currency fluctuations, providing stability in financial planning.
Efficient Global Payments
Seamless international transactions for paying overseas staff, suppliers, and other foreign exchanges, simplifying global operations.
Market-Leading Online Platform
A secure, user-friendly platform to manage foreign exchange transactions in real-time, offering convenience and control.
Proactive Support
Dedicated, customer-led support helps clients make informed currency decisions, ensuring optimal timing and pricing for transactions.