No1 Currency Gives You the Best Start in Paradise

Oct. 3, 2008 - PRLog -- Emigrating for work or retirement is likely to be one of the biggest decisions you will ever make. Emotions will be mixed as you leave your friends and family behind to embark on an exciting new life abroad. However careful research and preparation with No1 Currency is essential to make sure that your move runs as smoothly as possible.

Visit No1 Currency for more information www.no1currency.com

When considering emigration, taking time to fully understand the processes involved is vital. There is a lot to think about from obtaining a visa, finding a job or arranging pension or savings transfers to understanding local laws and renting or buying property.

Planning your emigration correctly can take months, even a year or more. Selling your UK property could take even longer, especially in light of the current economic climate. During this time currency fluctuations can vary by up to 30%; this can cause huge losses on currency exchange rates.

Visit No1 Currency for more information www.no1currency.com

For example, a couple emigrating to New Zealand last year needed to change £150,000 into NZ dollars. Between the 17th August and the 20th September 2007 the value of their savings fell from $384,000 to $348,750. By not securing their money transfers even a month in advance the couple lost £15,161 of their savings through currency fluctuations.

To maximize your currency exchange, it is important to contact a Foreign Currency Specialist such as No1 Currency, at the start of your emigration planning. Often people give little thought to money transfers at the time of planning and usually end up leaving it in the hands of their banks.

By contacting a No1 Currency early on, you will receive the best personal advice and expertise to help you decide when to make your transfer and if necessary even secure your assets and money transfers at a predetermined rate from 6 to 24 months in advance.

Not only can No1 Currency protect your assets and savings from the volatilities of the FX market, but, with exchange rates that you’ll find hard to beat, you can save up to 4% on currency transfers compared with high street banks.

Banks often include additional charges for currency transfers as well as high commission and operational fees. By seeking a Foreign Currency Specialist such as No1 Currency, you could save £4000 on a £100,000 transaction.

With expert guidance on hand, your assets protected and knowing that you are receiving a secure service with the best exchange rates available, you can relax and take your time in planning the rest of your emigration to paradise with peace of mind.

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ENDS


Issued on behalf of No.1 Currency by LLLink at Forth House, 5 Johns Place, EH6 7EL.
Contact Emma Sykes on (0131) 561 8416 or emma.sykes@mediavision.co.uk



Notes to Editor:

Founded in 1996, Edinburgh-based No.1 Currency is the UK’s fastest growing independent foreign currency specialist.

No.1 Currency is accessible to all, providing safe and secure worldwide money transfers for individuals and corporate clients, as well as competitive Bureau de Change services.

No.1 Currency Bureau de Change is one of the largest chains of bureaux in the UK, with 245 outlets across the UK offering 0% commission on currency exchanges.

This franchised Bureau de Change services can be found in Cheque Centre, Cash Generator and Barrhead Travel stores throughout Scotland.

Visit www.no1currency.com for more information.

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LLLink at Forth House, 5 Johns Place, EH6 7EL.
Contact Emma Sykes on (0131) 561 8416 or emma.sykes@mediavision.co.uk