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The risks of currency exchange in an international real estate transaction. Stella Giudicelli Business Development Manager Moneycorp, Inc. Uncompetitive exchange rates. Who exchanges currencies for your international clients? Why are your clients offered uncompetitive exchange rates?.
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It pays to use the experts The risks of currency exchange in an international real estate transaction Stella Giudicelli Business Development Manager Moneycorp, Inc
Uncompetitive exchange rates • Who exchanges currencies for your international clients? • Why are your clients offered uncompetitive exchange rates?
Fluctuation of the exchange rates Fluctuation of the exchange rate GBP to USD over the last two months It pays to use the experts
Fluctuation of the exchange rates GBP / USD – Purchase of a $250,000 property It pays to use the experts
Time of transfers from overseas to the US • Complains from real estate professionals • Who do you talk to?
Introduction to FX brokers: Competitive exchange rates Based on a $250,000 purchasewith the comparison carried out on 06/22/09
Introduction to FX brokers: Assistance with the fluctuation of the rate • Guidance • Locking of a rate for up to two years • True story of a UK buyer • Example for a seller
Introduction to FX brokers: Transfer of the funds • Same day transfer • Communication with the real estate professionals • Assistance for a smooth closing