How it Works
Your funds handled swiftly & securely
A Place in the Sun Currency handles all client payments through UK bank accounts held with Barclays Bank plc and Metro Bank.
Once you have registered for the service you can choose to place an order with us; we will then provide our client account bank details for you to send your selling currency (usually Pound Sterling) which can be done through your online or telephone banking service, or by visiting your bank in person to make a transfer. We do not accept cash, cheques or direct debits.
When we have received your funds, we will send you a receipt by email, and will then be ready to make your onward transfer (eg in Euros). You will need to provide us the details for the beneficiary account, whether it is your own bank account abroad, or a third party such as a solicitor or notary who is handling your purchase. We will transfer your currency immediately (subject to bank cut-off times and internal checks) and payment will typically arrive with the beneficiary the same day or next day.
We will also email you a proof of transfer which you can forward to your property agent, solicitor or notary.
If you are unsure of the details required for your currency payment, don’t worry – our friendly team of dedicated account managers will ensure we have all the necessary information to make your payment swiftly and securely.
With A Place in the Sun Currency you can be assured that your funds are in safe hands; our payments team are experts in making international payments for overseas property buyers, and we are FCA regulated as well as HMRC registered as a money service business. If for any reason your purchased currency is left on account with us overnight or longer, it is held in Safeguarded Client Accounts under FCA regulations and is legally ring-fenced from our business banking.
What’s more, A Place in the Sun Currency can guarantee there will be no overseas bank charges for Euro payments, so the exact amount you buy from us is the exact amount that will arrive.