Currency exchange when buying or selling a property
BULGARIAN PROPERTIES has teamed up with Smart Currency Exchange to help clients and customers save on their currency exchange transfers and international payments.
Smart Currency Exchange are the UK’s only currency exchange specialists that work specifically with people buying or selling overseas property. Further, they are also the only currency company that doesn’t pay their specialists on commission so you can rest assured that your appointed currency trader will offer the best rates with no pushy sales pitch.
When buying or selling a property in Bulgaria, you will need to either purchase currency to pay for the property, or convert and repatriate the sales price back to the UK.
There are two options available when transferring currency – you can use your bank or take our recommendation and use the services of a specialist currency exchange provider.
HOW will Smart Currency Exchange
The benefits of using a currency specialist over a bank are as follows:
- You may save up to 4% on the cost of the currency by getting better-than-bank rates – On the cost of a £100,000, the savings could be up to £4,000.
- You can talk with a dedicated currency specialist rather than bank personnel that may or may not know the currency markets. Specialists can help you determine a strategy on how to buy currency at the right time for the right price.
- Your funds will be transferred within 1-2 days using a specialist services whereas banks take 3-5 days. Furthermore, unlike the banks, currency companies can eliminate transfer charges and receiving fees imposed by most overseas banks.
If you have a set budget and want to ensure that the price of your property does not increase and/or you would like to get the best rates when purchasing currency, we urge you to discuss your requirements with Smart Currency Exchange.
Currency exchange converter and bank fees when sending money to Bulgarian banks.