Currency Exchange

Convert your Pounds & Pence to Euros, Commission Free!

Pounds & Pence to Euros & Savings

Why use Premier FX? We have teamed up with Premier FX for many reasons. They are the most competitive company in the market place, offer a personal service, have their offices based in Portugal and have helped many thousands of clients buy and sell currency throughout the world.

They provide all of our clients with a first class service. Whether you want to transfer your Pounds into Euros, US dollars, Danish Kroner or any other currency - Premier FX will be able to assist. Premier FX have over 40 years experience in helping clients with all foreign currency matters.

In particular they have developed a dedicated package for clients who plan to buy property in Portugal. They can assist with the reservation deposit, promissory deposit and set up regular payments to maximise either pension payments coming in or surplus rental income going home!

Due to the large quantity of foreign currency that they buy daily, Premier FX are able to provide exchange rates at incredibly tight margins - much more competitively than your bank is willing to provide.

Services that Premier FX provide:

  • Fast, free money transfer
  • Extremely competitive rates
  • No commission charges
  • Many different foreign exchange products
  • Fixed rates for up to 2 years
  • No minimum amounts transferred
  • Professional and reliable service
  • Extensive knowledge of financial markets
  • Direct access to the markets

Saving Money

Using a expert foreign currency exchange specialists like our partners Premfx can certainly save you money in the long run. Take this example below.

(For example purposes 1GBP = 1.20165 Euros Market rate (03/6/2010)

  • If you decide to buy a property in Portugal for 150,000 Euros.
  • And you then decide you wish to pay 30% cash, & 70% Portuguese mortgage.
  • Your 30% Cash(GBP) must equal 45,000 Euros

You could transfer your GBP through your local bank over to Portugal to complete the purchase. However it is most likely the bank will not be able to provide you with the best exchange rate.

  • For example the bank might provide you with 1GBP = 1.12 Euros rate.
  • Bank: 40, 178 GBP = 45,000 Euros (Using example exchange rate of 1 GBP : 1.12 EURO Bank’s exchange rate)  

Premfx are much more likely to get a better exchange rate for you much closer the real value of
1 GBP = 1.19 Euros. More likely they could provide you with 1 GBP = 1.19.

  • Premfx: 37,815 GBP = 45,000 Euros (Using example exchange rate of 1 GBP : 1.19 Euro Base rate)

As you can see using the bank you will have spent 40,178 GBP to buy 45,000 Euros. Using a international foreign currency specialist like Premfx 45,000 Euros would have cost you 37,815 GBP in this example you would have saved 2,362 GBP by just deciding to use an expert foreign exchange specialist like Premfx to assist you in your property purchase in Portugal.

To find out how much money you can save with Premier FX ‘s commission free exchange service, simply email us on info@portugalproperty.com or call us now on 0800 014 8201. A member of the Portugal Property Team will ensure a professional Premier FX adviser, will then contact you shortly to provide you with the best possible rate of exchange.