When purchasing a property in Spain you will need to pay for it in Euros.

Your traditional high street bank may seem the obvious choice when changing your savings, but they are likely to offer you a 'Tourist Rate', as opposed to the 'Commercial Rate'. You can also be charged fees to move the money and to receive it in your Spanish account.

By using a foreign exchange company the rates will be more favourable so you can get more for your hard-earned cash. Fees are also kept to a minimum or non-existant!

Click here to use our Currency Converter

Meeting your Mortgage Repayments

Organising currency transfers for regular payments aboard can be a headache and time consuming, while currency fluctuations can make budgeting impossible. Our partners at HIFX have developed a new Service "Regular Payments Abroad"

This is suitable for any kind of monthly transfer – Overseas mortgages, pension, repatriating foreign income or even simply transferring a regular amount of spending money for your holiday home abroad. They can fix rates and organise payments abroad for between 6 – 24 months ahead.

Click here for more details

Are you making Regular Payments Abroad?

 

 

© 2007 Elite Mortgages (Spain) Limited