The currency blog

Le Tour De Finance

After four very successful forums in March;  Le Tour de Finance is heading down to the south coast of France this May starting in Provence, moving along to the Cotes d’Azur, heading upwards into the Stunning Alps and then finally finishing in the amazing areas of Normandy and Brittany.

We have been well supported by our media partners The Connexion and Anglo info who have been keeping the public well informed about the benefits of Le Tour De Finance. Expats have found the evenings informative and enjoyable, with free food and aperitifs on offer.  At each event attendees have the opportunity to win a week’s holiday. 

In order to maximise the opportunity presented by Le Tour De Finance please send a link to the website to anyone you know who may be in France over the next two weeks and could benefit from an opportunity to talk to experts on a wide range of financial topics. www.letourdefinance.com.  The events are completely free and there’s no obligation. 

Remember you earn commission when you refer any clients who trade with us!

TOUR SCHEDULE

17 May 2011 Provence                    Trets 13530

19 May 2011 French Riviera         Mougins 06250

24 May 2011 French Riviera         Nice 06000

26 May 2011 Alps                              Chen sur Léman 74140

31 May 2011 Normandy                 Ernes 14270

01 Jun 2011   Northern Brittany Loudeac 22600

Case Study: America Calling

The Facts:

Client wanted to purchase a property in the USA for $1,743,000. Our affiliate Largemortgageloans.com referred the client to Currencies Direct.

Property Purchase $1,743,000 @ 1.6302* = £1,069.194 *April 2011

Client Saving compared to rate quoted by the bank: £5600

Revenue generated through affiliate commission: ≥ £1000

Currencies Direct Process

• Clients details received from Largemortgageloans.com
• Client contacted by a member of the private sales team, registration process explained and rate quoted
• Clients submitted completed registration form and details placed on CD system
• Client dedicated currency dealer contacted client and quoted the rate of 1.6302
• Deal booked and confirmed
• Client received booking form and settled amount of £1,069.194 by bank transfer to CD
• USD$1,743,000 released to the beneficiary details given on the booking form from the client
• Transfer complete

 Savings over the bank

                          Currencies Direct                                                                     Bank

         $1,743,000 @ 1.6302* = £1,069,194                          $1,743.000 @ 1.6217 = £1,074,798

 Client saving £5,604 (0.5%)

The above saving can be much higher depending on the bank the client is using and the volume they are transferring. The smaller monthly mortgage payments savings tend to be between 2.5 - 3%!

Rising Confidence - Costa del Sol

by Regan Berger

Kristina Szekely Sotheby’s International Realty

We are delighted to have seen some recovery in the Costa del Sol property market this year, and prices have stabilized as consumer confidence returns.  The Marbella area in particular has recently seen much more activity with buyers keen to exploit the opportunities that are available.

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We Are The Champions!

After a fantastic season of solid wins, the team finished top of the league with a  5 point strong  lead. The CD team not only beat the the banks on FX but also in football;  Deutshche Bank lost almost every game against the Currencies Direct boys so let’s hope next season is just as glorious.

All dues to the following players:

Dan Cronin, Matt Watson, Alistair Cotton, Chris Partridge, Harry Cosgrave, Aldrino Rodriques, Phil Mchugh, Tim Lewis, Reece Merrick, Lee Chappell,

Player of the season went to Dan Cronin after scoring 10 goals alone in the season, Matt Watson was joint top scorer of the season.

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Karl Sieha

Season 2 First Match - Deutsche Bank

Season 2 of Top Corner Old Street league saw Currencies Direct enter the newly formed premier league as champions and favourites for the title.

First opponents were previously conquered Deutsche Bank. Buzzing at the start, the kraut bankers were seeking to score one for the euro but there was only going to be one winner.

The line up consisted of Cat Partridge in goal, with Weasel Chappell, Dino-Tim, Fabio Cotton and Webbed Swanson.

The game started with the German money men kicking off and moving the ball around with plenty of verve but as soon as we gained possession a tirade of orange and black hit their goal. The post was rattled twice and their keeper was in great form to prevent CD taking the lead.

The deadline was then broken with Chappell finding Tim Lewis who finished with aplomb. Like the battle of the Bulge, this signalled the beginning of the end for the Germans. Chappell again provider found Cotton, tireless in his endeavours, finished strongly to double the score line.

The their striker produced a moment of inspiration and stunned proceedings by picking out the top bins to leave Partridge sprawled across the goal and pull a goal back. This rest bite wouldn’t last long.

Thanks to great pressure from Cotton, pouncing on a loose ball, Chappell swooped like a spitfire in the middle of a dogfight to destroy his target and add a third.  Half time 3-1.

The second half was as one sided as the first with CD dominating in all areas of the pitch and the sauerkraut eaters were struggling to get out of their half. Great work by all created several chances but it was left to goatman Watson to strike probably the best ball I’ve seen at this place and hit the upper echelons of the side panel from 10 yards out to make it 4.

T-rex Lewis, following assists from Swanners and Partridge, completed the scoring and settle the match, 6-1 to CD.

One game in and top of the Prem, get in.

Report By Chris Partridge

Currencies Direct has recently repositioned their African office to provide a range of foreign exchange solutions to clients wishing to transfer funds into and out of Southern Africa.

South Africa has traditionally had very strict exchange controls to prevent residents from moving money abroad and non-residents from bringing in vast sums of foreign currency.

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The France Show

The France Show is the leading destination for all things French – from food to property, from fashion to wine it is the largest show of its kind in the UK.

From 14 – 16th January Earls Court will be transformed into a haven of all the best that France has to offer including a wonderfully authentic French market.

Currencies Direct are one of the main sponsors of the show – we look forward to seeing you there! Find us at stands 245, 5 and at our mini casino in the marketplace. There’s even a chance to win €150 if you place your chip on the winning number of the roulette wheel.

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