Halo Financial - International Payments

Whether you're making regular international transfers or buying a new property abroad fluctuating exchange rates can make a big difference to the final amount you receive in your bank account. 

To help increase your purchasing power abroad, Concept Australia partner with Halo Financial to give you access to give you access to fantastic exchange rates. 

Why talk to HALO Financial?

Halo Financial is a leading UK foreign exchange brokerage that delivers market-leading exchange rates and personalised customer service.  Halo has many years' experience in the migration industry and can provide you with expert foreign exchange guidance to save time and money.  Halo is authorised by the Financial Conduct Authority under the Payment Service Regulators 2009 (registration number 528727) for the provision of payment services.

Foreign Exchange and Transferring Money to Australia – What you need to know!

Foreign exchange is a highly volatile market in which the right exchange rate can come and go in the blink of an eye. The timing of when you choose to buy or sell your currency will ultimately determine how successful you are in achieving your desired exchange rate. This rate will determine how much foreign currency you’ll have when you move your money abroad.
How can you be sure you're getting the most out of your money when you exchange it? The answer is, unless you plan ahead, you can't as currencies fluctuate all the time. Without the help and expertise of a dedicated currency expert constantly watching the markets for you, you are likely to lose money simply by converting it at the wrong time.

Dedicated to getting you the best deal

That’s where a Currency Broker such as Halo Financial adds maximum value. Halo Financial can help you make the most out of your money, whether you’re making a one-off payment or transferring money every month. At Halo Financial, you will have the choice of using the Halo Online service, where you can register and transfer your money all in one place on the Web. If you would prefer to have a dedicated currency expert on hand, Halo will assess your needs and provide you with a dedicated currency consultant to match your personal currency requirements and circumstances. It’s all part of the Halo service! You can save money and be sure that your payments are delivered promptly. You’ll also be pleased to know that we offer very competitive exchange rates and we don’t charge commission.

Currency Transfer Options Available

Confused about the different kinds of currency solutions available? Halo is here to help. Halo’s currency experts can guide you through the various types of transfer options and help you pick a combination of services that are right for you, to assist you in obtaining the best possible exchange rate within your time frame.

Spot contracts

A Spot contract is an agreement to buy or sell currency for immediate delivery at an agreed exchange rate. It’s a ‘trade now, pay now’ type contract and is the simplest and fastest means of buying or selling currency.

Forward contracts

Forward contracts enable you to fix an exchange rate to buy and sell currency for settlement on or before an agreed date up to 24 months in advance. It’s a ‘trade now, pay later’ type contract and because the rate is fixed, it isn’t affected by currency movements between the date it was agreed and the date the contract is due to be settled. Great option, if rates are currently in your favour, but your funds aren’t available yet.

Your currency can be delivered earlier or later than the agreed settlement date either in full or in multiple payments on different dates by drawing down from the initial lump sum. Perfect if, for instance, you have bought a property in Australia and you need to pay different amounts on fixed installment dates.

Automated currency orders

Halo Financial provides the best available exchange rates by using automated currency orders that help you to use currency volatility to your advantage; protecting you against losses and maximising your money. You don’t have enough time to monitor exchange rates continually. So Halo can do this for you – 24/7.

Stop Loss orders

A Stop Loss order is an automated order to buy or sell currency at a predetermined ‘worst case’ exchange rate, which if achieved, will automatically fulfil your instruction. It is used to protect yourself against the exchange rate moving against you.

Limit orders

A Limit order is an automated order to buy or sell currency at a predetermined ‘best case’ exchange rate, which if achieved, will automatically fulfil your instruction. By exchanging at a better exchange rate you will receive more currency for your money.

Tips for Transferring Money:

•    Don’t leave it till the last minute – leave yourself enough time to plan
•    Look at options to reduce currency movement risks
•    Talk to your FX Consultant – they offer guidance on timing and insights as to what may cause exchange rate movements.
•    Look at trends, what’s been happening with your currency pair over last week/months/years

Halo Financial is authorised by the Financial Conduct Authority under the Payment Services Regulations 2017, FRN: 528727.
© 2019 Halo Financial Ltd. Registered in England No. 5155787.

Halo Financial is an award winning, safe and secure Foreign Exchange Broker. Halo has been assisting Concept Australia clients transfer their money to Australia for over 6 years!

For more information on how Halo Financial can help reduce your currency risk, achieve great rates, guide you on getting the timing right and simplify the process of buying and selling foreign currency, please visit Halo Financials website by clicking here or phone them on +44 (0)20 7350 5474.

Email address: geraldine.collett@halofinancial.com

 

 

 

 

 

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