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Best way of transferring money from the UK to France

I am planning to start dividing my time between the UK and my holiday home in France. What is the best way to go about transferring money to France to cover general living costs? P.T.

If you want a quick, convenient and cost-effective way of moving money to and from France, you may want to look into opening an online currency transfer account with a currency specialist.

With an online account you can access live exchange rates, make currency transfers 24/7, monitor the status of transfers and view your transaction history in just a couple of clicks.

If you want to buy currency now for use at a later date you can do that too and you have the option of sending money to more than one payee at a time.

You will also benefit from bank-beating exchange rates and you will not have to pay transfer fees – meaning you will make significant savings over the course of the year.

Another major plus point of an online account is being able to set up rate alerts. Monitoring the currency markets and finding out what is going on with exchange rates can be time consuming, but with a rate alert you simply choose what exchange rate you would like to achieve and you will be notified by email and text as soon as the market moves to that level.

There is no obligation to make a currency transfer once your chosen rate is achieved, but with a rate alert in place you will never miss out on a positive market movement and can move your money at the opportune time. You can even set up more than one rate alert at a time.

An online account gives you freedom and the flexibility to make currency transfers on your terms as and when you need to, so it will help make moving money to and from France a breeze.

Question answered by Pippa Maile of Currencies Direct. For more information on international money transfers with Currencies Direct see www.currenciesdirect.com/france or call +33 (0)4 22 32 62 40

If you have a query on this topic send it to news@connexionfrance.com

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