Foreign Exchange Case Studies
Foreign Exchange Case Study 1
Mr and Mrs Hughes wanted to purchase a property in the UK for £100,000. When they approached their local bank they were quoted a rate of €1.285 to £1.00 plus fees. They also needed to go to two separate banks to make up the total amount.
At Blue FX Markets we were able to offer them a rate of €1.255 to £1.00 for the entire amount. This transaction helped save the Hughes' €3,000 on their transaction and was more convenient than visiting several banks.
Foreign Exchange Case Study 2
John was moving with his family to Australia and needed to transfer the sales proceeds of his home in Sligo to his bank in Australia. His local bank was going to charge him a fee of €50 and offered him an exchange rate of AU$1.59 to €1.
Blue FX Markets were able to offer John a rate of AU$1.7676 and did not charge any transfer fees.
