The better way to foreign currency
TESTIMONIALSHere's what some of our clients have said about us...
We would like to record our thanks to you and say what a pleasure it has been to use Capital Currencies. Throughout the 'not without its pitfalls' process of buying property abroad, the currency transfer issue was potentially a significant risk and therefore a concern for us, as novices. Making our target rate has been both achieved and derisked as far as possible and for that we are very grateful: thank you very much.
"Client in Northern Ireland" (name withheld on request)
Dear Craig
From 12 o’clock last night, we are now proud owners of a beautiful cabin in Colorado.
Thank you for your kind help in making it all possible for us.
With best wishes,
Jillie
I have found Capital Currencies helpful, organised and totally committed to getting the best transaction in the quickest possible time.
Highly recommended!
Gillian Hull, Twickenham
It's all a bit nerve-racking; this currency trading, so thankyou for your advice and skills in making it less so.
Eleanor, Australia
I'm the sort of person who is a little intimidated by the money world, but Craig’s patience and understanding has humanised the process, glossing over my silly mistakes so even I start to feel confident. So glad that we didn't go to a big impersonal outfit.
Susan, Skipulse.com
Dear Craig and Bob,
Just a quick note to say thanks for handling the repatriation of dollars following the sale of my house in New York. Apart from the obvious saving compared to if my bank had handled the transfer, you offered a high standard of trust and service, for which I want to commend you.
I will certainly recommend you to my Baker & Co. clients as and when they require exchange services.
Ian Baker FCCA CTA
Baker & Co. (Tunbridge Wells) Ltd.
Chartered Tax Advisors and Chartered Certified Acountants
From: Beryl & Clive Saunders
(Ex Folkestone - Now in Australia).
We learned of your company (C.C.) via our solicitor, when the sale of our UK property and emigration to Australia were in the offing. Over many years, we had converted and transferred relatively smaller amounts via our UK bank i.e. to establish and then support many visits to a second home, but we did feel that more beneficial transfers, with less delay and more immediate information available, should be possible for a private client.
Having a cautious nature, and completely unbeknown to you and the other dealer, we decided to trial alternatives by transferring in February two equal and more modest sums in advance of the property sale expected early April.
C.C. and another but larger dealing company (found advertising on TV) were selected for this purpose. Before instructions were actually given, we enquired early morning of the rates then available - C.C. (whose rate was even net) gave a slightly better figure than the unloaded rate from the other dealer.
We then watched the Ceefax rates for a while - they indicated a slightly improving trend - and at 10 a.m. that same day we decided to trigger the deals with identical faxed instructions. C.C. quickly advised by phone the rate obtained - it had improved in line with the Ceefax trend - and the deal was confirmed at 10.17 a.m. by fax.
It was not until after 12.30 p.m. that the other company advised by fax that their deal had been made at 12.00 noon, and at a rate exactly equal to that quoted for early the initial enquiry ! With an added transfer fee for that size of deal, the effective rate was then even more disadvantageous than the net rate obtained via C.C.
Not to be ignored, our bank had been asked to give an indicative rate at the same time as the dealing companies were instructed. The banks quoted rate was less favourable than both the rates obtained by the dealers, even before the banks own transfer fee.
With interest on the capital in mind, time was to be another measure of performance. Both deals were made on a Wednesday (for 2-day delivery of the currency on the Friday) and the A$ funds then transferred by C.C.s bank were in our account in Western Australia by the following Monday. It was not until three days later (i.e. by the Thursday) that the other dealers transfer to our account was effected !
With this experience before us, we decided to transfer the whole of our eventual property sale proceeds by using Capital Currencies service. Within about one hour of the Completion of our sale (it was again a Wednesday) C.C. confirmed the receipt of the sale proceeds from our solicitor (sent by a CHAPS bank transfer). With a reasonably favourable net rate being quoted at that moment, verbal instructions were given to convert and transfer about two-thirds of the funds in Australian Dollars with the other one-third to be transferred as Pounds to our Sterling account in Australia. The actual net rate for the currency deal was advised by C.C. within a few minutes and then confirmed by fax at 11.34 a.m.
With our personal packing and some house cleaning still to be completed (fortunately we had considerate buyers) it was all a rather anxious time since we were due to leave for the airport and Australia that same afternoon. We need not have worried. By the Friday, the Payment Advice Notes from C.C.s bank had been sent by e-mail (just as we had arrived in Australia) and the Sterling funds were then found to be in our account in Perth long before UK office hours on the Monday. To complete matters, the Australian Dollars were credited by about 10 a.m. Monday UK time and all of our funds started earning interest on that day - only 5 days (including a weekend) after our property sale in the UK. Speed certainly counts as well as a good exchange rate !
What more could we say to illustrate and commend Capital Currencies superb performance?
Dear Craig
Just a note to thank you for all your help! What luck it was to be referred to Capital Currencies by one of your fellow local Chamber of Commerce members – it certainly made my immigration to England so much easier by simplifying our currency exchange needs and leaving it in your more-than-capable hands! Karen and I very much appreciated not only your professionalism and patience with us, but also the expediency in which you carried out our transactions! We will most certainly use your services again when the need arises.
Again, many thanks, and all the best!
Tom and Karen Pringle
Crowborough, East Sussex
Craig,
Many thanks for great rates and outstanding service on our US dollar to pound sterling exchange. Not only did Capital Currencies' rates beat the competition (including our stock brokerage firm who said they could beat any rate), but also you were able to execute our transaction real time and buy at the lowest price of the day! Probably the lowest price for the remainder of the year!
As a bonus, it was a pleasure to work with such a knowledgeable, accessible, friendly and efficient company. We will be recommending Capital Currencies to anyone we know with currency exchange needs and you can be sure we will be calling again in the future.
Kindest regards,
Donna Shore & Mark Western
Dear Mr Strong,
Panda Imports are the UKs leading importer of light up novelty products, sold at firework displays and night time events throughout the year.
We expect a great deal from our suppliers and were initially reluctant to switch from our established source of currency exchange. However, since using your company some months ago, our experience has been superb. Every transaction has been handled promptly and reliably, saving our company both money and time. Your attentive assistants have handled each trade with efficiency, leaving us free to run our business.
I am happy to commend your company to any company or individual seeking your services.
Yours sincerely,
Jihong Hall MBA
Managing Director
WHY USE US
- better rates
- personal service
- attention to detail
RATES
EUR-USD 1.5368
GBP-EUR 1.2638
GBP-USD 1.9425
* Rates shown are market rates within the last 24 hours, are indicative and for example purposes only. The actual rate will depend on the market rate at the time of dealing.