Do you need to make mortgage payments for a property in Portugal? If so you can make money transfers to Potugal cheaply and conveniently online with Xendpay. In order to reduce the costs of transferring money for property payments we offer you a competitive exchange rate for the euro and a low fee money transfer which can be made conveniently via our online payments system Xendpay.
Portugal is a country situated in South-Western Europe and spans an area of 92,345 sq km . With one of the warmest climates in Europe Portugal is an extremely popular tourist destination which has large numbers of Expats moving from the UK, Germany and northern Europe every year.
When you have purchased a property in Portugal whether it is a permanent residence or a holiday home it is likely that you will need to make substantial payments in euros on a regular basis. When you need to make these property payments you will be met by two immediate problems; firstly getting a competitive euro exchange rate and secondly the issue of fluctuating rates in the future.
Are you are purchasing a property in Lisbon or Porto or have you purchased property in Amadora, Braga or elsewhere in Potugal? Whether you need to make a money transfer to Banco Santander, Barclays Bank, Banco Espirito Santo or any other bank in Portugal, Xendpay will be the ideal solution for you.
Xendpay allows you to make your international money transfer safe and secure as we are authorised by the FSA and regulated by HM Revenue & Customs so you will have the peace of mind that you are making a secure money transfer.
Unlike your bank or a money sending bureau we will charge you low transfer fees and offer you a competitive exchange rate for the euro. If you are looking to make a one off transfer to Potugal our online payments system Xendpay, simplifies the process of transferring money as you can complete payments conveniently online 24/7 from any location.
We also offer a variety of options which are more suitable for regular payments and help you to make the most out of your money transfer by fixing your exchange rate for up to 2 years ahead to avoid the fluctuations of the FX market.
A Stop or Limit Order – This enables you to arrange automated currency trades at competitive exchange rates when and if these become available and protects you from drops in rates down to a specific level.
A Forward Time Option- This is ideal if you need to stabilise your exchange rates for up to two years and reduces or eliminates your exposure to fluctuations in currency rates.
For more information visit our overseas payments section or to discuss your currency requirements call our dedicated and experienced dealers on +44 (0) 20 7220 8181.