Currency Exchange at the French Property Exhibition

What an Exhibition! Industry professionals from all aspects of moving to France gathered to share their expertise on supporting you with your move, purchase or sale in France. 

For those of you who made the trip to the annual French Property Exhibition, I am sure you found it very fruitful. 

Moneycorp once again supported the exhibition as the organisers preferred currency partner. Our team of foreign exchange experts were extremely busy throughout the weekend, answering your questions on the property-buying journey in France and the nuances of dealing with a foreign currency. 

Our expert, Mar Bonnin-Palmer, presented ‘How to efficiently manage your foreign exchange when investing in France’. 

At the exhibition, Mar presented a seminar about the best ways to effectively manage all the payments involved when buying in France. 

During this session, she explained the basics of currency exchange, the impact that rates can have on your budget, and, most importantly, what we can do to protect that budget in a volatile market. 

We want to help you understand the impact foreign exchange can have on these big purchases and how to manage the risk involved. It was quite eye opening to hear that a lot of clients are not currently speaking with a currency specialist, when their moves are so imminent. 

So, if you didn’t catch us at the show…..here is why foreign exchange is so important! 

Firstly, exchange rates are constantly fluctuating. This means that when you decide to buy a property abroad, the real-terms cost of your purchase can change with the rates. Imagine getting to the point of buying your dream property, and the price is different from when you made the offer. That’s the reality of the foreign exchange market – small changes make BIG differences when you exchange a large amount of money. 

That’s why it’s essential to plan ahead and secure a reliable, experienced company to exchange your money at the beginning of the process – so you don’t get any nasty surprises. 

This can seem like a lot to think about, especially in a language you’re unfamiliar with, but we’re here to help. That’s why FrenchEntrée has already recommended our services to thousands of property buyers and sellers. 

At Moneycorp, you can open an account with us at no cost and with no obligation allowing you to start planning and understanding what exchanging money means for your budget – before you even step on the plane to see your first property. 

  

So, whether you’re buying a holiday home on the beach, an apartment in the city, or a château in the country, you can count on a competitive rate and first-class service from Moneycorp. 

Lead photo credit : Moneycorp at the French Property Exhibition - Ian Southerin