
All of our clients have to make payments to France at some point, and for those outside the eurozone this means buying euros with, say, pounds sterling.
The current exchange rate will give you the approximate cost of your deposit and final payments in your own currency, but if the exchange rate changes, your costs will change too. But we have a simple solution to this.
First of all, our sister company, Validus FX, get you highly competitive exchange rates, (beating the big banks hands down). And they do not charge fees or commission to exchange currency. Validus FX also provides 'forward currency contracts' to protect you against changes in the exchange rate.
With a forward contract the exchange rate is fixed and you agree to buy a given amount of euros at a future date, paying 10% of the transaction now, and the rest at the future date. In short, you fix your budget now and pay later. Simple!
Please call Validus FX on 020 7517 5739, or feel free to contact Venturus directly on 020 7517 0585.