For those of you who receive your pensions, whether private or state you could find that the amount you receive each month differs. When you receive your pension directly from the UK to your Euro account the bank will use a spot rate. So if you are living to a budget this can leave you short from month to month and over the year this can add up. What the pension companies don’t offer you is the chance to fix the exchange rate, this can take out the uncertainty of the amount you receive each month.
When you next receive your pension payment it’s worth checking what exchange rate you are receiving, quite often we just accept what we get as it’s easy or may feel it’s too complicated to change, at Premier FX we can talk you through the simple process and stop you losing out!
If you would like a comparison please feel free to contact us direct at Premier FX, we can offer on the spot rates as well as those fixed rates to take out the uncertainty.
As we have seen the rate move over August, it is key to keep in touch with your currency broker especially for those who are looking to return money to the UK, the difference over the days can save you £100’s. At Premier FX we offer that personnel service and can keep you updated whenever you require, as well as having our online system that you can check 24/7.
Whether you are looking to set up a regular payment or making a one off transfer, with no bank charges, and no minimum amounts, Premier FX is on hand to help; we are here to make your currency transactions stress free and simple.
Premier FX is authorised by the FCA (530712) and regulated by HMRC.
