If you are based in a non-Euro country such as the UK then you will inevitably need to switch your funds into Euros for your transaction. Simply transferring from your UK bank to a Spanish bank can be very expensive so we recommend using the services of a professional currency exchange company.
We would strongly recommend you make use of one of these companies for when transferring the funds for your initial purchase and also speak to an expert advisor about ongoing transfers to cover mortgage payments as it can save you a lot of money.
We choosing a currency exchange service you should compare the following characteristics to make sure you are getting the very best value:
- Leading exchange rate
- Commission charges
- Level of service
- Exchange options offered
We have negotiated preferential rates through Currency Index Ltd, who will provide a first class level of service as well as highly competitive exchange rates, to save you time and money on your property purchase. Click through to the Currency Index website for more information.
There are no commission charges with Currency Index, and you can get a quote without any cost or obligation. Typical savings against high street banks can run into thousands of pounds, and you can secure and guarantee exchange rates for up to 2 years ahead, for peace of mind in avoiding volatility in the foreign exchange markets.
Opening a trading facility with Currency Index is quick, easy and free – you can go directly to the registration page here.