Currency Exchange - your options



New Member
Hi there,

for those who keep posting a lot of questions about the currency xchange rates and possibility losing when the currency rate drops against your favour, please read the options you have with Currency exchange company.

Option 1: Buy A Lump Sum of Currency Needed Now (or soon)
If you’re buying a property overseas and need to make a one-off lump sum payment such as a
deposit or a full-payment, this is a good option to consider.
In the financial world, they call this type of transaction a ‘Spot’ contract. Once the best currency
rate is quoted by a representative and agreed by yourself, the full purchase amount
needs to be paid in full within two working days.

Option 2: Order Currency for a Later Date at a Fixed Rate
You may want to consider this option if you:
- Have staged payments and you want to ensure against an unexpected increase in the
price of your currency. Imagine having a budget set at £25,000 for a staged payment and
due to a change in currency exchange rates, the cost goes up to £30,000…
This could
happen more often than people think and represents a £5,000 LOSS for something that
could have been prevented.
The markets can be quite volatile and pose a real threat to the price of an overseas
property. If there is an indication that a future rate may be higher, it’s sometimes better to
fix the rate now. This will allow you to formally fix your budget and know that you’re
avoiding a potential increase in the cost of purchase.
- If you’re interested in transferring a lump sum in the future (perhaps the final full
payment),but want the piece-of-mind that the currency won’t fluctuate and cause you an
unforeseen increase in the purchasing cost.
This type of transaction is called a ‘Forward.’ It allows you to order currency at an agreed fixed
rate for up to 18 months in advance. You have the option to fix an exact rate at an exact date OR
you can request a fixed rate between say a 3-month time window.

Option 3: Order Currency when it hits a Rate that you Designate
This option is for people who don’t necessarily need to move money over at any particular time.
Perhaps you know that you’re going to need money sent to an overseas location at some point in
the next year…
Once the money market hits the pre-determined beneficial rate, we
will aim to buy the currency for you.

for further info get you free currency reporto at

Smart Currency Exchange : Smart Free Report

or contact me directly and I put you in touch with our sister company


good luck and no losses when trading


New Member
Interesting- is this service run by Kim Brown?


New Member

it is her company

as well as

Overseas Guides


New Member

Is this service run by Kim Brown?

Financial Freedom Gurus


New Member
What spread?

What rate would you quote for a straightforward trasnfer of 400,000 NZD from New Zealand to a UK bank account?

I'd be interested to receive a quote. I'd prefer to have it in a fixed amount. For example, if the mid rate is 2.650NZD to £1 and your commission was 0.010NZD, then the rate I would get is 2.660NZD.