- Smart can call the market floor on your behalf and negotiate
a better-than-bank exchange rate on the US dollar and pass the
savings onto you.
- Smart can help you to minimise the chances of your
US dollar exchange cost from increasing by offering options to hedge or
buy currency at today's rate for purchase in the future.
- When working with Smart, there are no
hidden charges, no fees and no commission applied with
transactions over £3,000. For transactions under £3,000 there is a small
administrative fee.
- Once your Smart account is activated, you'll be set up with
your dedicated Smart Trader. Your Smart Trader will work with you to understand
your unique situation, time scales and discuss various options available. It's important
to note that unlike most UK international payment specialists, Smart Traders
are paid a set salary and not a commission, thus your trader will be
working for you and not their pocket.
- Smart focuses on international payments only - this enables
the whole process to be completed fast, efficiently and easily
from the comfort of your own home.
Apply online now and get access
to your Smart Trader to discuss just how much Smart can save you!
Once your account is open, you can request a Smart Rate Watch where your Trader
will call you once the US Dollar exchange rate hits the rate you want to achieve!
"Smart Currency were very helpful with our dollar exchange to purchase a property
in Florida. It was easy to contact them by telephone or email and they kept me informed
of the progress of the transfer. They also saved me £5,000
compared to the rate offered by my bank."Lesley Smart (no relation), Dalkeith
But how much will Smart really save me?
The answer depends on the amount you're transfering, the
time available between now and when the money needs to be transfered and your budget
amount.
Here's an example of a not-so-Smart person that could have saved money on better-than-bank
US dollar rates: In July 2009, Charles had decided to purchase a holiday home in
Orlando taking advantage of US dollar weakening against sterling. His holiday home,
including costs, was US $185,000. The bank that he used exchanged his sterling funds
at US $1.624 to the £1. If he had used a specialist currency broker he would
have got closer to US $1.645 to the £1. He could have saved £1,454,
as his total cost would have been £113,462 rather than £102,754.
Apply online now and get access
to your Smart Trader to discuss just how much Smart can save you!