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Buying a house can be stressful.
Add in the complexities of a foreign language and purchase process – the prospect of buying abroad can be a real headache.
Then there’s the currency transfer to consider. You need to make sure the payment is made on time while getting a great exchange rate.
We spoke to one of our clients, Linda Glover from Yorkshire, about her experience of sending money to France to help her daughter purchase a property.
Why were you looking to make an international payment?
My husband and I have a flat in Paris which our daughter has been living in. We have made a number of transfers to France in the past, mostly on an ad-hoc basis. Our daughter moved from Paris to Marseilles and this summer she was looking to buy a house, which we wanted to help with.
What problems have you experienced in the past?
We have previously experienced issues receiving the money in France. Normally the payments are sent okay but we get constant questions from the French side and they have repeatedly bounced the payments back.
When we first started to make international payments we used our bank but the service stopped without notice. At the time we had accounts with you and we were impressed with the service we had received, so we decided to use your currency service to make our payments to France.
How did the HL Currency Service help?
I was particularly nervous given our experience of bounced payments in the past, especially as we had a deadline to meet for the house purchase. However, your staff were very reassuring and checked that everything had gone in okay. That really took the stress away and gave me the security of knowing everything was in hand.
We really appreciate the human touch that you get with the HL Currency Service. Your staff are always so courteous and much more empowered to make decisions and sensible arrangements with clients than most other organisations. You cannot underestimate how much people appreciate great service.
My husband is deaf which can make it difficult when we have to contact banks and utility companies. They can be a nightmare. However, we don’t get that with you. Your process is simple and makes it easy for me to discuss our accounts.
We also like the ability to move money from our other HL accounts which means we don’t have to keep it in different places.
Discover the benefits of the HL Currency Service
The HL Currency Service offers bank-beating exchange rates with exceptional customer service. 98% of currency clients rate our service as good, very good or excellent*.
We offer a range of services to help with:
- Immediate or regular payments
- Protecting against future exchange rate fluctuations
- Targeting a specific rate
Find out more through our website or by calling our team of currency specialists on 0117 311 3257 (Mon-Fri 8am-6pm). Alternatively you can browse our selection of free guides to get more information on making payments abroad.
*HL Survey – May 2017
The Hargreaves Lansdown Currency Service is a trading name of Hargreaves Lansdown Asset Management Limited, which is a wholly owned subsidiary of Hargreaves Lansdown Plc, One College Square South, Anchor Road, Bristol, BS1 5HL. Company Registered in England & Wales No. 1896481. It is authorised by the Financial Conduct Authority (FCA) as a payment Institution under the Payment Services Regulations 2009. The Firm Reference number is 115248. You can look this up on the FCA register website. The marketing of the service is not regulated by the FCA.