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Wednesday, 08 August 2007 |
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Whatever your reasons for buying foreign currency, you should always be looking to benefit from the best possible exchange rates. A favourable rate can mean saving thousands in $, ₤ or € on transactions such as buying a property overseas.
Globaleye’s partner Global Currency Exchange Network (GLOBAL) buys currency in bulk and passes on savings to the client irrespective of whether they need to make regular transfers or a one-off lump sum payment.
GLOBAL was established in 2003 to challenge the stranglehold that banks had over commercial foreign exchange markets for the private and business communities. The success of the company is based on its ability to offer clients commercial foreign exchange rates and a proactive, personal service - neither of which are readily available at high street banks. GLOBAL’s service makes it easy to save money on all currency transactions irrespective of size.
Take the risk out of paying for your property Whether you have already found your dream home, or are still looking, it is important to know that even a minor change in exchange rates can have a dramatic effect on the price of your home.
As illustrated below, planning ahead and fixing a rate for the future can save you thousands of $, ₤ or €.
Protect yourself from fluctuations in exchange rates. The volatility in exchange rates can make an immense difference to the value of a property – whether you are buying or repatriating funds after selling a property.
The exchange rate between the GBP(₤) and the Dirham(AED) fluctuated between a low of 6.3423 to a high of 7.2793 over the last 10 months. This equates to a fluctuation in value of ₤20,295.65 on a 1,000,000AED property.
GLOBALEYE can offer you:
Superior commercial exchange rates No fees or commissions No telegraphic transfer costs Your own currency dealer Forward buying up to two years in advance Regular monthly payments for pensions and mortgages at commercial exchange rates Friendly and professional service Notification of significant changes in currency rates
Please
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with your details and Globaleye will arrange for our dedicated GLOBAL representative to help you set up your account today. Alternatively you may contact us on Toll Free: 800 4558 Telephone: (9714) 3489330
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