Bringing Money Back to the UK
Repatriating funds in a foreign currency back to sterling in the UK, without incurring punitive bank charges or poor exchange rates, is something we are on hand to help with at Currency Index.
You might think that it is easiest to make a transfer directly to your UK bank account, but that is usually the most expensive way of proceeding. You could incur a hefty charge from the overseas bank, and an automated exchange rate at your bank here which is far from competitive, effectively losing up to 5% of your total transaction value.
Depending on which country you are holding your foreign currency in, there are various tips you should be aware of to avoid these problems. Our friendly account managers all have years of experience in handling these types of transaction and will be able to explain how to maximise the sterling value of your transfer. Contact us or fill in your details in the form on the right, and we will be happy to talk you through the options.