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Send Money Home Regularly

Published on in Advice on Making International Payments, Money Transfer Reviews on Currency Exchange Companies by
axiafx website

Regular Overseas Payment Plan

There are many reasons why you may need to transfer funds overseas on a regular basis. Send Money Home Regularly can be for things such as,

Mortgage Payments                                   Pension Transfers                                     Salary Payments

Mortgage Payments                                          Pension Transfers                                      Salary Payments

 

Rental Income                                              School Fees                                     Property maintenance / Bills

Rental Income                                               School Fees                                  Property maintenance / Bills

Above are some of the most common reasons for making a regular overseas payment, but having the time to visit your bank each month, on top of paying high transfer fees and commissions on top is both an inconvenience and an unwanted expense.

This is where the Axia FX Regular Overseas Payment plan can help!!

The regular overseas payment plan removes all of the hassle from the process and we guarantee that the cost of sending your regular payments will be reduced. All it takes to set the process up is to complete the Axia FX Overseas Payment Details Form and set up a Standing Order with your bank or building society and then and your payments will happen automatically and run like clockwork.

How we save you money

No International Transfer Fees

The majority of high street banks will charge between £15 and £30 for each international transfer that you proceed with. At Axia FX there is no charge for your regular transfer. The savings made on Axia FX’s payment plan compared to high street bank can be between £180 and £360 per year and that’s just on telegraphic transfer fees alone.

Better Exchange Rates

Many of the high street banks will charge up to 10% on the exchange rate for each international money transfer. At Axia FX we will guarantee to save you moneyon the exchange rates compared to the high street banks.

No Commission

At Axia FX there are no commission charges or hidden fees so you get the best rates and make the biggest savings.

If you are not already a client of Axia FX, you will first need to register as a client in order for you

to benefit from this service. You can open an account

 

How does it work?

Currency Gears

Once we have received your completed Axia FX Overseas Payment Details Form your personal account manager will contact you to discuss your options of having a variable or fixed rate regular payment, based on your personal circumstances. You can then set up a standing order with your bank or building society and the funds will be transferred directly to Axia and then transmitted in foreign currency to the account that you have specified. Your standing order is also flexible so if you wish to change the amount you are sending we can adjust it accordingly for your next payment. As a client of Axia FX we will update you by e-mail after each transfer with a proof of payment and also a confirmation of the rate and the amount that has been sent for you.

The 4 easy steps to setting up your regular transfer

 Four Steps

1.)   Register with Axia FX to set up your trading account so that we can trade on your behalf

2.)   Complete your Axia FX Overseas Payment Details Form

3.)   Return your forms to Axia FX with a copy of either your Driving License or Passport as a proof of signature

4.)   Speak to your Personal Account Manager to put in place either a variable or fixed regular payment and then set up a standing order with your bank or building society to transfer the amount.

If you decide to start your payment plan on a variable payment you have the flexibility to change it to a fixed plan at any time. We will also keep you informed of positive rate movements so you have the opportunity to fix your rate at advantageous levels.

 

Example of the savings of using Axia Fx

Amount Transferred Average Cost Transfer Cost Total Cost
Average Bank €1000 @1.10 = £909.09 £20 £929.09
Axia FX €1000 @1.14 = £877.19 £0 £877.19
Total Monthly Saving £51.90

 

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