Buying property in Cyprus has grown consistently over the recent years, with many Brits relocating in the Republic of Cyprus. While Covid-19 has hurt the market, interest in property continues as the market is slowly recovering. Paphos and Limassol, for example, are especially sought after as they offer amazing villas and luxury properties in beautiful locations, allowing Brits to enjoy the best of what the island has to offer. In such areas, foreigners constitute as much as 75 percent of the market. Last year, world famous Colombian pop singer Shakira and her famous partner Gerard Pique, who plays for Barcelona football club, bought an exclusive villa in the coastal village of Peyia in Paphos. Celebrities and Hollywood stars have for years chosen Cyprus for their vacations. Leonardo DiCaprio, Michael Douglas Catherine Zeta-Jones and John Malkovich, Elton John, Diana Ross and Rod Stewart are a few of the rich and famous who chose to spend their holidays on the sunny Mediterranean island.

Why Cyprus?

With Cyprus being warm all year round, having sandy beaches, and hospitable people, it is not surprising that it has become as popular as Spain’s Costa del Sol and Costa Blanca. The big difference however is that the island offers some beautiful but affordable properties.

Home prices on Cyprus are indeed much cheaper when compared to Marbella, Spain, or the Algarve in Portugal. Whereas a villa in Spain or Portugal would be about 400,000 or 450,000 euros ($475,000 to $535,000), a villa in Paphos would be half the price. Cyprus’s coastal property prices could “range from as much as $724 a square foot in Limassol district to as little as $423 a square foot in Paphos district.”

Before the pandemic, Russians and Chinese buyers were the top international buyers, with many relocating their families and acquiring European citizenship by investing in property. German, British and Scandinavian buyers, as well as buyers from Israel and the United Arab Emirates, Ukraine and South Africa have also preferred Cyprus, due to its location and its proximity to Europe.

Things to consider when buying property in Cyprus

Although some foreigners have bought houses in the illegally occupied area of Cyprus, these have usually been controversial due to the complexities and restrictions on home purchases on that part of Cyprus. As a recent article in the New York Times noted, “While European Union citizens with residency in the southern part of Cyprus can purchase unlimited properties there, others are limited to one apartment, house or plot….In northern Cyprus, the limit is four properties” but “buyers wishing to purchase a home there must confirm in advance that it actually belongs to the seller and not to a Greek Cypriot, because they may be exposed to criminal liability due to the political situation in Cyprus.”

Buyers across Cyprus should also be careful when buying a property, ensuring that the house “is free of any charges, mortgages or other encumbrances with the provincial land registry.”

When you decide to purchase a property on the island, it is usually recommended that you get in touch with a lawyer who will typically charge about 2,000 euros to serve as your local lawyer, protecting your interests and explaining the complexities of the market. When you are purchasing property, stamp duties range from 3 percent to 8 percent, depending on the property’s sale price, with the seller paying 5 percent real estate commission.

If you are considering buying your dream home in Cyprus, you should contact a foreign exchange specialist to assist you with transferring your money abroad, explain currency exchange, and hedge your funds from unpredictable currency movements. Get in touch with Universal Partners FX so you can have peace of mind when sending a large amount of money overseas. If you want to schedule ahead and safeguard your funds, talk to one of their foreign exchange experts today.

With more businesses opening slowly due to the coronavirus pandemic and the impending Brexit transition period ending on 31 December, an increasing number of Brits are looking to buy property in France. Many Brits want to secure a French property before Brexit, while others have chosen France for their holiday home, as they can drive there by car or reach it by ferry.

In The Connexion, an estate agent highlighted the rising demand for French homes by Brits, saying that “the phones have not stopped ringing’” as Britons are interested in buying a home in France before the end of the Brexit transition period.

Staycations

In an article in The Times, interest in staycations has now become the norm, especially after Covid-19 where travellers avoid airports. But, the meaning of a staycation need not be limited to spending vacations on British soil. Brits remain interested in buying a home abroad, but they are now choosing locations that they can reach by car. Director of French estate agency Leggett Immobilier, Joanna Leggett, notes that “We have seen a 42% rise since this time last year in enquiries from the British for properties that they can drive to.” “If you can get in your car, go through the Channel Tunnel and be in your house without having to see anyone except passport control, that’s actually a really good option for people now,” she said.

Brexit and buying a house in France

The number of British people moving to EU countries has remarkably grown since the 2016 Brexit referendum. With the UK expected to leave the single market after January 1, 2021, and any British arrival to France after that date to be regarded as outside the European Union, many Brits have begun looking for their holiday homes in France. This has helped increase property sales and may also result in France overtaking Spain as the number 1 destination for Brits moving abroad.

As Joanna Leggett said, this has had a positive effect on the property market: "Our sales to Brits at the beginning of the year were up 38% [year-on-year] until March, 85% of them were for main homes.  Our website hits are up 87% for the English-language version of our site and enquiries on properties are going completely mad.  We have so many Brits with reserved bookings coming from July, we expect the next three months to be our busiest ever." She also remarked: “I think the mad panic does seem to be that the British want to get here and they want to find their property and to be in it to qualify for the residency that we get at the moment.” She added that the period between July and September will be the busiest as restrictions might ease for travelling. “We have said that it does take three to four months for a sale to complete, so if people do want to be in their house they need to have made an offer by the end of September to be able to complete by December,” she said.

What happens after Brexit?

While the negotiations are still ongoing and there are many issues still to be resolved, one thing that is certain is that Brits will still be eligible to buy and rent out homes in France, as well as stay in France for 90 out of 180 days without the need of a visa.

If they move to France before the end of the transition period, it is expected that their rights will be the same as now, including their residency status, healthcare and uprating their UK state pensions.

According to estate agents Leggett Immobilier, Brits will “still be able to move here [after the transition period], there may be a little more paperwork than would previously have been required.”

Currency Exchange

If you are buying a holiday home in France, it is important to consult a specialist foreign exchange company such as Universal Partners FX right from the start. UPFX can help you manage currency fluctuations by fixing the rate, as the final price of your home could vary significantly from the time you made your offer.

When moving large amounts of cash, it is best to get in touch with UPFX’s currency specialists where they can offer you competitive exchange rates and the best value for your money. Find out what your money is worth by giving them a call or requesting a free quote.

Buying property in Canada is very attractive to expats, considering the affordability of Canadian housing prices, the good healthcare system as well as the country’s natural beauty and safety.

Who can buy property?

Everyone can buy property in Canada, and foreigners or non-residents who stay less than six months a year in Canada can do so without the need to apply for residency. However, if you buy property and plan to stay longer, then you have to immigrate and apply for permanent residency. If you don’t plan on living in the country, then you can rent your property and pay a 25 per cent withholding tax on your rental income which will be deducted from the monthly rent.

Fees and Taxes

In general, though, everyone, whether a Canadian or foreigner, must pay the same fees and taxes when buying real estate. However, different rules might apply when it comes selling your property or buying property in certain jurisdictions where higher property or land transfer taxes exists. Taking a mortgage will also need to be at a Canadian bank and will require you to pay a 35 percent of the purchase price as a down payment compared to the five or 10 per cent paid by Canadian residents.

Housing market

The housing market in Canada is ideal for buying property as prices have dropped, making even larger and more expensive cities such as Vancouver and Toronto appealing. From the East Coast, to Central Canada and the West Coast, expats have many choices, including affordable cities such as Calgary, Montreal, Winnipeg, Saskatoon, and Ottawa.

From detached homes, attached townhouses or apartments, there is a wide range of choices so it is wise to start searching online to get an idea of what you prefer and what properties are available.

 According to the Chief Economist of the Canadian Real Estate Association (CREA), Gregory Klump, “It’s a full-blown buyer’s market or on the cusp of one in a number of housing markets across the Prairies and in Newfoundland. Homebuyers there have the upper hand in purchase negotiations and the mortgage stress-test has contributed to that by reducing the number of competing buyers who can qualify for mortgage financing while market conditions are in their favour.” Following statistics released this month by CREA, home price trends have stabilised in Calgary and Saskatoon, but home prices in Edmonton and Regina dropped. On the other hand, in Greater Vancouver (GVA) and the Fraser Valley, prices have started to slowly recover. Price growth also continues to recover in the Greater Golden Horseshoe.

In a Huffington Post article, originally published in Livabl, it is argued that in the new year home sales in Canada are expected to rise, which is good news for those buying property in the next few years.  After rising in 2016, and falling in 2017, 2018 and 2019, Canada Mortgage and Housing Corporation (CMHC) is now forecasting that the market will see a surge. With the release of its 2020 outlook for the national market, CMHC expects sales to continue in Ontario and British Columbia’s major markets due to “disposable income increases for the two provinces that exceed the national average and strong demographic-driven demand for housing.”

Despite the housing market’s decline the last two years, CMHC believes that home prices will soon rise, especially in Ontario and Quebec which are expected to drive growth in 2020, and British Columbia in 2021.

Buying property in Canada: your finances

If you are getting a loan as a non-resident, then you will need to provide a down payment of 35 percent and get a loan at 65 percent of the purchase price. Any mortgage would have to be raised by a Canadian broker or bank, as foreign banks cannot register mortgages in Canada. As is the case generally, you will need the services of a Canadian lawyer or notary so all documents regarding the mortgage and land registration are prepared and submitted. As you are borrowing funds, you will need to organise your finances and consider the overall costs, which includes the purchase price, property transfer tax (one percent of the first 100,000 CAD, and two percent on the balance), bank appraisal fees, inspection fees, insurance costs and closing legal fees.

If you are considering buying property in Canada, you will also need to discuss how to transfer your funds with a currency specialist such as Universal Partners FX. UPFX will offer invaluable help when transferring large amounts of money internationally, especially in a volatile market which can affect the value of your transfers. UPFX’s foreign exchange specialists can navigate the complexities of currency markets and ensure that your funds are transferred without any hidden costs and in then most cost-effective manner. Give them a call today to find out how much they can save you on your international payments.

With the Brexit deadline looming, many Brits are relocating or buying their property abroad, making such European countries as Spain, Germany and France their home. In Germany, the standard is usually renting, but when Germans are making their dream of owning “my own four walls” (die eigenen vier Wände) a reality, then they expect to buy a property to live in for life. This is not unlike many of the Brits deciding to buy a property in Germany. German property has generally been a stable, reliable investment for local and overseas investors.

Brexit and the German property market

It’s not just Brits wanting to escape to Germany, but also international investors who are considering investing due to Brexit and the ensuing financial uncertainties. Buying property in Germany may be a great option, especially when the German economy is healthy and the property market is strong, with prices rising steadily. While Brexit might have deflated London’s real estate bubble, very low interest rates are pushing prices in Germany’s Munich and Frankfurt property markets. With prices rising steadily for years, there is greater risk of them falling unexpectedly.

Low interest rates

In Germany, low interest rates have helped increase real estate valuations. The European Central Bank’s loose monetary policy and low interest rates have benefitted owners of financial assets who have borrowed at very low costs to buy property or stocks in search for better returns.

According to a new report by analysts at Swiss bank UBS, Munich is at the greatest risk of a real estate bubble, while Frankfurt has seen prices rise by double-digit percentages. Frankfurt used to be "very cheap compared to London and other cities,” told CNN Business, one of the report's authors, Matthias Holzhey. While building activity in Frankfurt rose significantly in 2017, the rise in population led to an 80% increase in real price growth over the past decade, the report showed.

Germany as “safe haven”

Germany is a great European alternative to London’s traditional appeal, with Frankfurt and Berlin being particularly high in demand. Germany has a reputation as a “safe haven” making it attractive to buyers, with an increasing number of international investors from Asia, the Middle East and the United States.

In general, across Germany, rents and property prices are robust, but whether this is sustainable in the long run, remains to be seen. According to data released in 2018 by the Bundesbank properties in towns and cities could be overpriced by as much as 15-30%. As it was reported by the Bundesbank’s experts, there have been continuing price exaggerations in urban areas: “While price dynamics, from a macroeconomic perspective, were largely consistent with developments in the supply and demand-side variables, housing prices in towns and cities were still well above the level that appears justified by the longer-term economic and demographic determinants.” The economists estimated “upward price deviations for towns and cities at between 15% and 30%.”

However, buying a property in some places in Germany is affordable and should not deter Brits from making their decision to move there. Expatica noted that data from the German consumer organisation Stiftung Warentest in 2017 showed “that buyers in Magdeburg and Cottbus could buy a 130 square meter family home for €200,000, but that for the same money they’d get a small two-room apartment in Cologne or Dusseldorf, and only a dorm in Munich.”

Based on data from the third quarter of 2017, a house in Munich could be as high as €5,839 (apartment), €4,233 (family home), whereas in Cologne and Hanover €2,671-€2,257 (apartment), €2,240-€2,007 (family home), respectively.

Buying a property: costs

After doing your research in various property portals such as immobilienscout24 or immobilo, take your time to decide which property is most suitable for you and your family. When buying a home in Germany, you will be expected to pay 10% of the purchase price to cover the property transfer tax (3.5–6.5%); notary’s fees (1.2–1.5%); registration fees (0.8–1.2%); and estate agent’s fees (1.5–3%, plus 19% VAT).

One of the very important decisions you will also have to make is to choose an expert firm in foreign exchange who will help you with making regular transfers and protecting your funds from currency volatility. Universal Partners FX is a great option for anyone buying property abroad, as they are experts in helping expats like yourself move their hard-earned money abroad. Get in touch with their dedicated currency specialists and find out how much they can save you on your international money transfers.

Property in Spain

Neither a weak currency nor Brexit seem to deter Brits from dreaming of buying their property in Spain. According to removal company AnyVan, Spain is the number one desired destination for British expats, beating such places as Australia, New Zealand, Canada and Dubai.

 

AnyVan poll

In a new poll carried out by removal company AnyVan, people in the UK were asked where they would like to live if they could choose anywhere in the world. 13% of Brits said they would choose Spain, while a 12% said they would equally prefer New Zealand or Australia. Other popular places were the US (10%), Canada (9%), Italy (7%) and France (6%). The CEO of AnyVan, Angus Elphinstone, said: "It's nearly a national sport in the UK to dream about moving. From flicking through property prices and listings on Rightmove to sitting down to watch one of the vast number of primetime TV shows offering advice to those looking to change homes for a place in the sun. Our research highlighted where people dream to move to, but there were still 16% of residents who didn't want to move anywhere."

The research demonstrated the differences between ages, as younger people looked for career opportunities in wealthier and bigger countries, where they can work and live comfortably. For example, those under the age of 34 were attracted to the US, with 16% admitting the US was their favourite, followed by Australia and Spain. Dubai was also a favourite among the young, as 4% wanted to move to the Middle East. On the other hand, those over the age of 55, dreamt of moving to New Zealand (14%).

 

Spain: the UK favourite

It's not just because of the sunny Barcelona or Madrid, the flamenco, bullfights and paella. Spain is so much more for Brits and offers everything they could wish for away from home. It's a stunning destination, with a lively culture. But it has also started to improve economically, with youth unemployment being down to 33 percent from over 50 percent in 2013. This is a place where both the young and the old will get to enjoy a rich lifestyle, without feeling isolated or far away from home.

 

Buying property in Spain is not such a bad idea

Brexit uncertainty might not be a defining factor when choosing to move abroad, but it can definitely hurt your finances when transferring large sums of money. It is not surprising that many economists and business professionals are warning that a no-deal Brexit will make things even worse, as the price of the pound could plummet, while many businesses could be under threat. The pound is currently down, especially due to fears of a hard Brexit and because of Boris Johnson, the frontrunner to replace May, who has said that Britain could leave the EU without a deal at the end of October.

If you are enthralled by Spain and its people, and want to move there, Universal Partners FX can help you with your international transfers and explain the process of moving funds or making regular payments when buying a property abroad. UPFX operates with no hidden fees and ensures that multiple international payments are more cost-effective. With their comprehensive hedging strategies, you can get a level of financial stability and security. Their unparalleled customer service means that you can get hold of them at any time, and they will make sure that your money will get where it needs to be within 24 hours.

If you would like to learn more or want to just understand how currency experts can save you money, give them a call today.

Holiday home abroad

With Brexit uncertainty and Boris Johnson increasingly looking like the favourite to become the next prime minister, British citizens are concerned about the prospect of buying a property abroad. The EU is now hostile towards the Tory leadership campaign rhetoric which fails to confront the reality of the UK’s position in the negotiations, and opposes any further delay to Brexit. Amidst political and economic instability, the decision to buy your holiday home abroad can create considerable stress, especially when you have not set your finances in order.

There are obviously immense rewards, such as getting resident status or a passport, depending on your nationality or the country you are investing in. There will be carefree days in the sun and cool nights sipping your gin and tonic, as cicadas buzz in the distance. But, first, there will be bills to pay, bank accounts to open and funds to transfer from overseas, so being rational and foreseeing certain obstacles will only help you overcome hurdles easier and efficiently.

 

Knowing the law

Owning your own holiday home abroad can be a dream come true, and one that might possibly come with benefits such as a second citizenship, depending on the investment you make. But knowing early on the restrictions to rules and what comes with owning a specific property could potentially save you a lot of pain. It is always safe to get legal opinion on certain aspects of buying a property, including buying a house without title deeds, which can be a nightmare.

 

Getting a loan and property taxes

Dealing with your finances early on and finding out whether you can get a mortgage in another country is probably a good beginning, if you are trying to get things in order. As a Washington Post article clarifies, “Unless you have enough cash on hand to buy the house, you’ll be requesting a loan from a foreign bank — and it probably won’t be as easy as working with one back home.” For example, foreign banks might lend less of the total value, while there might be the financial burden of additional taxes. According to the Washington Post article, “Regardless of where you buy a home, you’ll likely be on the hook for extra taxes. Spain levies a 10 percent sales tax on real estate….Nonresidents buying in Italy have to pay about a 9 percent tax on the value of the land. On top of that, there can be ongoing property taxes.” Figuring all this out, could save you a lot of time and money.

 

Costs and Renting

From tax bills, utilities and various maintenance costs, you could be paying significant costs that can be offset by the decision to rent your home, which can be potentially profitable. But earning an income, will also be coupled with taxes, and you would need to know in which country you are paying those taxes.

 

Know and secure your rights

Depending on whichever country you are and the laws regarding owning property, many professionals specialising in tax compliance and consulting recommend that your property is listed as part of your estate and that you file a will in both countries of residence. According to certain countries, “if you don’t have a will [your home] could go to the closest relative you have in that country, which may not be where you intended it to go.”

When it comes to buying your future holiday home, you will be considering, for a large part, your financial situation and ways to navigate the complexities of a volatile market and transferring funds abroad. Universal Partners FX can tailor specific solutions to help you transfer large amounts of money internationally. From mitigating the effects of currency volatility, to providing access to the best exchange rates, UPFX can deliver the most optimal prices at the most opportune time.

 

Find out what UPFX can offer you, by talking to one of their experts today.

Buying property abroad

With no-deal Brexit being on the table again, is this the right time to buy your property abroad?

Former cabinet minister Oliver Letwin was behind cross-party efforts to block a no-deal Brexit. The Labour-led attempt to eliminate the possibility of crashing out of the EU without a deal was defeated by 11 votes, after 13 abstained and eight more Labour MPs voted with the government. Despite the efforts of 10 Conservatives who rebelled by voting against the government, the option of a no-deal Brexit is back to haunt us.

Letwin, disappointed, said that the parliament was now out of options to protect the UK from a hard Brexit, after the defeat of Labour’s motion. Talking to BBC Radio 4’s Today programme, he said: “We have run out of all the possibilities that any of us can at the moment think of.” Letwin added: “If the government doesn’t bring something before parliament, parliament won’t have a chance to take a view on that.” For him, it was impossible that Tory MPs would vote against the government to prevent a no deal scenario. Letwin said: “Evidently that’s not something any of us want to do. I’m not confident as things stand that the current Labour leadership would know how to solve this crisis either.” Letwin also expressed that he was not sure whether Boris Johnson was a “no-deal Brexiteer” but he did admit that Johnson was “clearly quite likely” the next prime minister.

Another former Conservative MP, Nick Boles, who voted with Labour on Wednesday, was vocal about the lack of options on the horizon in terms of a no-deal Brexit and said that the only alternative was a confidence vote to bring down the government. He said: “No-deal Brexit on 31 October is back to being a racing certainty. It is very hard to see where any further legislative opportunities will come from. So it’s now a question of politics – specifically whether a PM pursuing a no-deal Brexit can command and sustain the confidence of the House of Commons.”

 

Government victory: Is no-deal still an option?

Leading candidate to be Britain’s next prime minister, Boris Johnson, said that he will try to have a deal in place, but he did not explain what he would do if he could not come to an agreement with Brussels. Nonetheless, he supports leaving exactly on the appointed deadline, on 31 October, with or without a deal.

As many have argued, including Boles, the only remaining option is to bring down the government. Even former attorney general and Conservative Dominic Grieve agreed that he would vote against the government in a no-confidence motion, if someone like Boris Johnson tried to take the UK out of the EU without a deal. He said: “If we get to a point where a prime minister is intent on doing this [taking the UK out of the EU without a deal], the only way of stopping that prime minister would be to bring down that prime minister’s government. And I simply have to say here and now I will not hesitate to do that if that is what is attempted, even if it means my resigning the whip and leaving the party.” Chancellor, Philip Hammond, also suggested he might act similarly. In the possibility that the government loses a no-confidence vote, alternative leaders would only have two weeks to assemble a parliamentary majority, otherwise, a general election must be called.

 

Buying Property with Universal Partners FX

The pound fell after Labour’s motion was defeated, while markets tried to digest Boris Johnson’s campaign which was launched officially on Wednesday.

As the horizon appears to continue being clouded in uncertainty, currency volatility and market expectations will be influenced by Brexit developments. So, if you are considering buying property abroad, Universal Partners FX is the best choice to offer support, guidance in times of uncertainty and competitive currency exchange rates. Operating with no hidden fees or extra costs, UPFX are the ideal partners to help you navigate the markets and transfer your funds effectively, hassle-free. With a set of comprehensive hedging strategies to provide financial stability, UPFX will aim to get you the best prices in FX.

 

Get in touch with your dedicated currency broker to find everything you need to know about international transfers and the ways UPFX can make your funds prosper in the current currency

Buying property as the pound drops

Buying property abroad is exciting, but you need to be aware of the constant fluctuations of the pound sterling, which has been greatly affected by recent Brexit delays.

No-deal Brexit and May’s resignation

With the European Parliamentary elections and the constant fear of a no-deal Brexit, the political and economic landscapes remain under threat. The possibility of a no-deal Brexit and a weakened pound would only aggravate the situation. At the moment, after Prime Minister Theresa May’s resignation, things have become more complicated as everyone is wondering who can succeed her in the position and how this could further affect the economy. Her succession by a Leaver and Brexiter such as Boris Johnson can only mean more uncertainty as he has insisted that the UK must leave the EU on 31 October “deal or no deal.” This is definitely not what economists and the markets want to hear.

Economists point towards May’s inefficiency and inability to secure a Brexit deal with the opposition party, as the source of her troubles. The British pound has reacted negatively by slipping for three consecutive weeks.

Brexit deal: What is happening?

The weight now falls on the next prime minister, as business leaders are pressing and demanding that the next prime minister would need to have a clear plan that could reinvigorate Brexit discussions. The worst scenario is the choice of someone that would recklessly defend a no-deal Brexit that, as many politicians and economists agree, could only have a destructive result. As mentioned, Johnson is the favorite among Tories, but the competition is high, with 20 rivals competing and others concerned about his immoderate stance. As the Guardian reported, “moderate Tories alarmed at the prospect of him leading the country to a no-deal Brexit rapidly launched a ‘Stop Boris’ campaign.”

Chancellor Philip Hammond has warned both Johnson and former Brexit secretary Dominic Raab that any prime minister backing a no-deal Brexit would face a no-confidence vote. On the other hand, Jeremy Hunt is clearly against a no-deal Brexit which he has described as “political suicide.” As the situation remains uncertain, the pound’s trajectory would be influenced by the next prime minister and the way they deal with Brexit.

Buying property in Europe: Pound/Euro exchange

The pound has had a terrible run against the euro, and finance experts have forecasted that it will continue. GBP is set to slide as everyone is waiting to see who will be the next prime minister. Sterling will possibly remain very low against the euro due to the ongoing political uncertainty.

If you are considering transferring funds to buy your property abroad, this is the right moment to get in touch with a currency expert such as Universal Partners FX.

Foreign exchange experts such as UPFX have a lot of experience in transferring funds overseas and understand the various hurdles individuals and first-time house buyers face when they want to invest in property. They take the utmost care in understanding your needs and tailoring solutions that will help your finances go further. Delivering fast and secure transfers at the lowest price possible has been UPFX’s long-term goal and they will do everything they can to help you with regular transfers. By managing market volatility and protecting your hard-earned funds from the frequent fluctuations of the pound, their expert consultants monitor the markets on your behalf. By minimizing risk and having a deep knowledge of currency volatility, UPFX will aim to give you the best possible deal. Get in touch with your dedicated dealer and find out how much you can save on your international money transfers.