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Protecting Yourself Aganinst Unfavourable
Exchange Movements
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Protect yourself against unfavourable movements in the market.A Stop Loss order enables you to set the lowest rate at which you are prepared to
buy. It can often improve on the exchange rate that you pay. For example, if you expect the market to move in your favour, you may wish to wait before exchanging. In this case,
placing a Stop Loss order would protect you if the market moves against you. For example, if the market was trading at
€1.49, you could place a Stop Loss order at €1.4875 which means that you would buy if the rate dropped to €1.4875. If the market then improved to say €1.51 and
you hoped for further gains, you could move your Stop Loss order to €1.5075 and protect the gains you had already made. A Limit Order can be used to set a favourable rate that you wish to achieve
before exchanging. We will then exchange only when – and if – the market reaches this rate. For example, if the Euro is currently trading at €1.48 to the pound,
you can place a Limit Order to buy Euros if and when they reach €1.50 to £1.
You can combine both limit and stop orders to give you complete protection if you wish.
You can also cancel both Limit and Stop Loss Orders at any time.
Guaranteed security for your funds Every business wants to be sure that its funds are secure at all stages of the
transaction, and there are various ways of achieving this peace of mind. For a start, you can choose to have any payment you make transferred straight into
your solicitor’s client account rather than an account controlled by Kash Mart. The solicitor is instructed to pay us only when they see that the correct payment
transaction has been processed on your behalf to your designated account. This removes all risk from your capital during the transaction.
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| Cutting the cost of buying property abroad |
The hidden cost of currency exchange. Payments are normally made in the currency of the country where you are buying, and small differences in exchange rates make a big difference to the end amount you pay.
For example, take a typical home in Spain at €200,000. On this amount, the difference
between our rate and the high street banks is large: perhaps as much as €4,000.
Kash Mart helps private and business clients exchange and transfer currency
worldwide. Our clients range from private home buyers to financial institutions to
property management companies. If you have an overseas mortgage, an overseas
job, or simply need to send cash abroad regularly, we can also help.
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| More service |
At Kash Mart our clients often require a personal, proactive service that banks are rarely equipped to provide. For example, we
allocate you a personal account manager who will advise you on the best exchange contract to choose and guide you throughout
the transaction. He or she can give you market information that is clear, concise and up-to-the-minute. They answer your queries and explain any
aspect of the exchange process.You enjoy a level of service that banks reserve for their multi-million pound corporate accounts only.
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| Direct currency exchange |
You will find using Kash Mart virtually always
cheaper than a high street bank. This is
because we specialise in currency exchange,
convert vast amounts of currency and are
often able to cut out the middleman and
strike reciprocal deals direct. This enables
us to offer you a very competitive rate for
any currency.
The bottom line is that banks and building societies take a greater percentage of
whatever currency you are buying or selling than Kash Mart. They also exchange
currency at whatever price is ruling at the moment of instruction. Our approach is to
search the foreign exchange market to pinpoint the best rates available, so we can
notify you when it is most advantageous for you to exchange.
Kash Mart can complete a transaction within hours of you placing your order and
can confirm onward transmission of funds the same day you place your order.
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| Minimum and maximum transfers |
There is no set minimum or maximum
limit, typical exchanges start from
£2,000 upwards.
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| Helping you find your perfect property. |
Whether you are looking to emigrate, retire abroad, buy your dream holiday home or make an investment in overseas property, Kash Mart has a wide range of partners who can help.
Our real estate and property development partners have thousands of properties worldwide, to suit any requirement or any budget. Our independent advisors can assist you with financial advice, mortgage options, and international specialised legal advice.
Don't forget to mention Kash Mart when dealing with any of our partners to recieve preferential service and deals. |
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