The Hawkes Bay is one of the most desirable places to not only visit for holidays but to work and to retire. The pristine beaches and plentiful sunshine will make your vacation or sea-change lifestyle a fabulous adventure.
With more people moving to the Hawkes Bay each year from not only Australia but from around the world, there are some very important considerations with respect to managing your currency transfer and exchange
The foreign exchange markets can be difficult to naivgate which is why HiFX provide full time in house forex dealers. Our clients learn first hand from experts the best way to manage foreign exchange transactions. Did you know that your traditional bank will charge you commission fees and transfer charges on foreign exchange transfers? HiFX do not charge and will transfer your monies to New Zealand with no hidden charges.
So if you are deciding to move to Tauranga in New Zealand, one of the most popular and common sense approaches HiFX offer their customers is to guarantee exchange rates. This ensures that if you buy a property you can lock in the exchange rate from the time that you purchase the property to the time of settlement.
How does HiFX's Exchange Rate Guarantee work?
With HiFX, you can fix the currency exchange rate now, by paying an upfront premium (similar to an insurance premium) and decide on expiration date whether the current market rate is better or worse than that guaranteed. If it is worse, you simply exercise the contract for the rate guaranteed. If the market rate is better, you let your Exchange Rate Guarantee lapse and transact at the current market level, taking advantage of the gain.
If you are looking for a property in the Hawkes Bay, www.bayleys.co.nz , www.tremain.co.nz and www.firstnational.co.nz are real estate agents that can assist you with your search.
For further information on our foreign exchange services, please call our Private Client Desk on +61 (0) 2 9251 2626 or complete the foreign exchange call me back service to have one of our representatives call you at your convenience.
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