Regular payment plans
There are a number of reasons why you may need to make regular payments; it may be that you are retiring to a foreign country and need to transfer your pension payments to an overseas bank account or that you are looking to find the best way to pay for an overseas mortgage, education fees or even to send money back home whilst working abroad.
RationalFX’s regular payments service will be free of charge as there are no transfer fees and we do not take a commission, so potentially you could save thousands of pounds on charges when you use our service over that of a high street bank.
Avoid risks
We will find you the best exchange rates and by using our forward order service will enable you to fix the rate for up to two years, so you can maintain a great exchange rate and will know exactly how much you will be transferring every month. If however the exchange rates move in your favour you can use our currency hedging option, so that you will be able to make the most of your transfer and benefit from movements on the market.
Your dedicated account manager will ensure you are getting a personal service, helping you every step of the way and assisting you with the currency option and contract you make use of.
Our regular payments plan is ideal for:
• Transferring pension payments to an overseas bank account
• Overseas mortgages
• Paying utility bills abroad
• Maintaining a property abroad
• Supporting a child’s education
• Working abroad or sending money back home
Call us on 020 7220 8181 to set up your regular payment plan today or contact us online and we’ll call you back.
See how much you could save by using Xendpay to make regular payments:
| On a transfer of £1000 | Saving with RationalFX | Over 1 year | Over 5 years |
|---|---|---|---|
| Exchange rate | £54.60 | £655.20 | £3276.00 |
| Transfer fees | £25 | £300.00 | £1500.00 |
| Commission | 2% | £240.00 | £1200.00 |
| Receiving charges | 0.40% | £48.00 | £240.00 |
| Total Savings | £1243.20 | £6216.00 |
