Reduce your risk. Lock in your rate for up to 12 months with a forward contract
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Authorised by the FCA
Since 2004 we’ve helped thousands of customers to transfer more than £12 billion around the world
Exclusive currency partners
How A Forward Contract Works
Open an account in minutes online or over the phone
2. Lock in your Rate
Plan your costs and reduce risk. Book your rate for up to 12 months
3. Make a Transfer
When your payment is due send us the funds and exchange at pre-booked rate
Rated excellent by 97% of our customers
How we can help
Why choose us?
Smart Currency Exchange is here to help you take control and to manage every transfer sensibly and successfully. We’ve been in operation for more than a decade. In that time we’ve helped people to transfer more than £10 billion around the world.
Our Customer Service
We pride ourselves on our customer service – putting you at the forefront of everything we do. Our dedicated team of currency experts, based in our head office in London, are on hand throughout the day. Get in touch with us today by completing our simple online form.
Currency transactions for property purchases
Currency transactions for property may seem complex, daunting even. But we make thousands of such payments every year and you can have total confidence. We are dedicated to helping customers with international transfers and property-related currency needs. Plus, we are also partnered with some of the biggest names in the industry.
Example currency fluctuation
Lock in today's exchange rate for up to 12 months
Gain more control over your budget and payments by locking in an exchange rate for up to 12 months.
How does a Currency Forward Contract work?
A Currency Forward Contract lets you lock in an exchange rate for up to 12 months. You might take this option if you have paid a deposit on a property abroad and are worried that the pound could weaken, leaving you out of pocket when you pay the balance. It allows you to reserve foreign currency when you feel the currency you have is strong, or vulnerable to weaken.
With the contract signed, and your 10% deposit paid, no matter how the currency values fluctuate, you will always be able to trade at the agreed rate. You might use one if you are making a regular payment every month; for an overseas mortgage perhaps, or stage payments on a new-build. Without a Forward Contract, a monthly payment of €10,000 will vary by hundreds and even thousands of pounds each time you make it.