Top-Class Currency Service for Property Purchases
Originally posted on & updated on 15th November, 2024Here at MFH we believe in team work and transparency. We didn’t setup in business to charge for ad space or collect data to pass on to third parties, we enjoy keeping our clients happy and care about their privacy. We fully appreciate we are in business thanks to them, and to our valued partners, our ethics have never changed.
Long Term FX Partnerships
When I met Jean-Luc at a summer barbecue in a village near Lyon in 2003, I didn’t realise we’d be working with the same insurance partners twenty years later! It’s a similar tale with our longstanding partnership with Currencies Direct who provide top class service and competitive rates for our clients from almost anywhere through their website, their app. or their handy multi-currency debit card.
Buying or selling property in a different country is about timing, and securing currency is an important part of that process. Read our partners’ Jack Wiles comments about how we work together to provide our international clients with top service and the best outcome.
Working with Currencies Direct
“My name is Jack Wiles from Currencies Direct and I manage the company’s key partnerships. We have been working in partnership with My-French-House for the best part of two decades, which in fact as long as FCG has existed, before merging with Currencies Direct.
In this time, we have helped hundreds of Patrick’s clients achieve far better rates of exchange than high street banks, whilst making the process of overseas money transfers much swifter and more efficient.
There are a range of different people Currencies Direct can help. We help clients with smaller transfers such as for living costs, long-term rental or mortgage payments as well as those with larger payments for property deposits & balances. We also help a variety of businesses with invoice payments, salaries, and day to day FX risk management.
You don’t need to have an account in a foreign country to use our services, as we can send funds to third party accounts if there is proof of why funds are needed. Property buyers and business people that use our services are from all over the globe, and we trade over forty different currencies. We are also fully authorised by FCA in the UK and the Bank of Spain in the EU as an E-money issuer.
Good Times for Buyers from the USA
In recent times, we have seen a huge increase in interest from across the Atlantic, with US clients purchasing their dream homes in France. While the USDEUR rate is lower from the record highs we saw in 2022, the US dollar is up 4.2% against the euro over the last three month (September to November 2024), making it an excellent time for American buyers.
A US client of Patrick’s, who he referred over to us last year, was looking at buying somewhere in France. He knew he wanted to buy but hadn’t been able to find the time to get out to France for a serious look. He knew the exchange rate was advantageous at the time and wanted to take advantage of what might be the best deal he would ever get.
Despite not having found a property, the client decided to buy his Euros and hold them on account with us until he had found his dream home. Due to our licensing, funds can be held for as long as needed and in this case our client is still waiting to find that dream home. In doing so, he ensured that his property budget would remain separate from currency fluctuations and secured a fantastic deal within his budget.
Top Service for French Property
“In my opinion, the reason the partnership between Patrick and us has worked so well, for so long, is due to our shared view that top-class customer service, and holding ourselves to the highest standards, is the most important thing any of us can do. If you are looking for your dream home in France, Patrick is the man to do it and we hope we can assist in getting the money to the Notaire on your behalf to complete your purchase.”
Jack Wiles – Currencies Direct
Award-Winning Currency Card
Needless to say we were not at all surprised to learn that Currencies Directs’ multi-currency debit card has been shortlisted for ‘Best Customer Service’ in The Card and Payments Awards for 2025. These prestigious awards, judged by an independent panel of industry experts, have been instrumental in recognising excellence and innovation across various financial organisations for the past two decades. It couldn’t be easier to order a multi-currency debit card, simply create a personal client account today, it will only take a few minutes.
Best Foreign Exchange Awards
Currencies Direct were recently recognised with the Highly Commended ‘Best Business FX Provider’ and Commended ‘Best Service from an FX Provider’ at the 2024 Business Moneyfacts Awards. These awards are given every year to celebrate the best brands in the business finance and commercial finance sectors and are organised by the Moneyfacts Group, a leading source of independent data for the UK financial industry. In addition, they have also been awarded ‘Best Currency Broker’ in the 2024 Good Money Guide Awards.
Like us, hundreds of our overseas based clients have entrusted Jack and the team at Currencies Direct, many have set up regular monthly payments years ago and have never looked back. If you won’t settle for anything less that top-class service for your international currency requirements, then talk to Jack directly, we’re confident you won’t regret it.