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Foreign Currency Exchange

When contracting abroad, converting your money into the local currency means you could be losing out considerably on the rate of exchange obtained from your bank. To maximise the return on your currency it is certainly worthwhile seeking specialist guidance.

Pure FX is a foreign exchange broker whose focus is on assisting private clients and SME’s navigate the foreign currency market. When it comes to buying or selling currency most people assume that their bank will take care of their needs, and of course they can. However, because they are not a specialist in foreign exchange they can end up paying a lot more.

To put this into context, a Pure FX client recently saved over £1000 on a transfer of £25,000.

Not only do they offer preferential rates of exchange, when it comes to risk management most clients think they have to take a chance on the exchange rate, which is a little unrealistic because exchange rates move all the time.

To give a recent example, between January and March 07 the GBPEUR exchange rate changed by over 4%.

As a contractor working abroad, your income could be at risk to the currency markets so if appropriate, Pure FX can fix your exchange rate up to 1 year ahead, which will offer a guaranteed sterling amount regardless what happens to the exchange rate in the meantime.

In summary by using Pure FX to convert your money you will benefit from;

  • Preferential exchange rates
  • Guidance from specialists on the financial markets and the impact on exchange rates
  • Risk management
  • Prompt payments
  • Zero commission on transfers
  • Proof of payment via a security document called an International Transfer Receipt issued by Lloyds TSB

To learn more about how you can save money please complete the form below, or alternatively call them directly on +44 (0) 1494 474466 quoting Contractor Umbrella.

Foreign Currency Exchange

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Why Choose ContractorUmbrella?

ContractorUmbrella is the hassle-free, straight talking umbrella company that provides umbrella employment for UK based contractors and freelancers. Independently voted as the best umbrella company by the readers of Contractor UK.

As one of the most trusted umbrella companies in the UK, we guarantee our employees peace of mind, absolute compliance and complete security. We are one of the longest standing and most respected umbrella companies in the UK.

Benefits of working through ContractorUmbrella;

  • Fast and easy registration-  be ready to work in 24 hours, simply register online and we’ll take care of the rest.
  • Calculate your take home pay- use our online calculator to find out how much you could be taking home through ContractorUmbrella.
  • Same day payments- we offer same day payments as standard, for no additional fee.
  • Our Commitment Charter- is our guarantee that you will be looked after at every step of the way.
  • Flexible Limited Company accountancy- when you sign up to our sister company Dolan Accountancy, you can transfer to ContractorUmbrella when umbrella employment better suits or your assignment sits inside IR35.
  • Employee Benefits- at ContractorUmbrella there are many benefits available to you as our employee including Childcare Vouchers, our Employee Rewards Scheme, Group Pension Scheme, Foreign Currency Exchange, Contractor Accommodation, Contractor Mortgages and much more.
  • Personal Employee Liaison Officer- we believe in the personal touch, so you will have your very own dedicated Employee Liaison Officer during your employment with us. Read some of the glowing testimonials we've received about our lovely staff and the outstanding commitment they give to all our employees and clients.

If you’d like to find out more, call us on 01206 591 000 or request a call back by completing our online form.