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Moneycorp is a market-leading money transfer specialist, with over 30 years of industry experience. The World Property Network has partnered with Moneycorp to offer you a comprehensive, cost-effective way of making your overseas property payments.

If you are buying overseas property and need to make overseas payments, or transfer money to another country, Moneycorp can help. Their experts will monitor the currency markets on your behalf – achieving the best possible rates of exchange. This means you will get more for your money when buying overseas property.

So why use Moneycorp instead of your bank?

Because making transfers with Moneycorp is faster, more convenient and more cost-effective. Whether you’re making regular transfers, or need to make a one-off payment, they don’t charge commission and they will absorb any international transfer charges*. They also offer free information and guidance on the currency markets, helping you decide on the best time to buy.

Using Moneycorp – The main benefits: 

• Highly competitive exchange rates
• Ability to fix exchange rates for a set time period, protecting from adverse currency movements
• No cost and no obligation in opening a Moneycorp account

The tools they use to benefit you:

Spot contracts

Buy or sell a currency for immediate delivery. Spot contracts are suitable if you want to receive your currency quickly and efficiently while achieving the best rate available.

Forward contracts

Fix an exchange rate at which you buy or sell currency for delivery at a later date (up to two years). Forward contracts protect against adverse currency movements and can be used to lock into favourable exchange rates.

Stop-loss orders

Set a minimum level at which you buy or sell your currency. Your order will be fulfilled automatically if this rate is reached, effectively guaranteeing a minimum rate at which your currency will be exchanged.

Limit orders

Set a higher target exchange rate at which, if this rate is achieved, you buy or sell your currency. If you run a limit order in parallel with a stop-loss order, the exchange rate at which you trade is guaranteed within a given range, giving you the advantage of predictability.

As currency markets are always on the move, Moneycorp monitor your orders constantly. With your approval, they will keep you informed and make sure that levels are amended in response to current market conditions. The flexible nature of market orders, coupled with the expertise, market knowledge and dedication of your Moneycorp Dealers, will ensure that your foreign exchange needs are managed proactively, 24-hours a day.

Sending regular international payments?

If so, the Regular Payment Plan (RPP) from Moneycorp is the service for you. It is specifically tailored for:

• Mortgage payments
• Pension transfers
• Salary transfers
• Property maintenance payments

The Moneycorp Regular Payment Plan is fully automated and takes the hassle out of regular overseas transfers. Your sterling is collected by Direct Debit – and the foreign currency automatically sent abroad.

About Moneycorp

Moneycorp is a trading name of TTT Moneycorp Limited. The company was established in 1962 and has been dealing in foreign exchange since 1979. Since that time, Moneycorp has been providing clients with an exceptional level of service - as well as value for money. Last year alone they traded more than £11 billion in currencies.

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