 If you are moving to Lanzarote or buying a property then you will be needing the services of a currency broker. Of course you can just use your UK bank to arrange to transfer your savings but you won't be getting the best exchange rate or bank charges. It is important to have thought through moving your money, it has been known for people to have to fly back to the UK to arrange transfers in person once they have arrived, UK banks tend to ask you to pop into the local branch for you to sign paperwork, which isn't easy from Lanzarote! If you already have a bank account open in Spain you can simply send your money direct or transfer to a UK broker account who will forward on the same day to your account in Spain. If you haven't opened a bank account yet, you can forward to your broker for them to hold pending confirmation of your new account on arrival. Please don't bring a bankers draft with you, these can take up to 3 weeks to clear as they are posted back through Europe to the UK and can go astray. Be careful too with the amount of cash that you bring with you through the airport, more than 6,000 euros per person will be questioned and could be taken off you pending proof that you are not money laundering. Estupendo have been recommending Foremost Currency Group since we began, we have been approached by many other companies but none of them have been able to offer the personal service and rates received with Foremost. We can assure you that all of our clients transactions with Foremost Currency have arrived safely on time and have always beaten the quotes offered by the clients bank. Please have a look at their website www.foremostcurrencygroup.co.uk you can open an account online and just have to prove your id and address before your first transaction. You will receive a warm welcome from Robin McEwen and his team at Foremost Currency Group, give them a call on their freephone 0800 781 061 for a quote. Don't forget to tell them we recommended you, friends of Estupendo quoting ESTU RWM will get the best possible rates.
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