Currency Transfer Service
Currency Exchange & Money Transfers
If you need to convert UK pounds, US dollars, or other currencies into euros to transfer funds for a property purchase in France, we recommend our trusted foreign exchange partners: Currencies Direct and Xe.com. These leading specialists in international money transfers have over fifty years of combined experience and are FCA-authorised providers.They offer secure, commission-free transfers and competitive exchange rates. Whether you’re buying property in France, making regular overseas payments to Europe, or you need to repatriate euros back home, our partners provide expert guidance to help you maximise your exchange rate and avoid fees. Discover how we can help you with your international currency transfers efficiently and securely.
Do You Need Euros to Buy a French Property?
Are you wondering about options for securing euros for your property purchase in France? Depending on the amount and timescales involved, there are different types of options (spot contract, forward contract, limit order) for your currency requirements. International markets are, by definition, volatile, and currencies fluctuate constantly; it's not always easy to keep track of the market or know where to turn for advice. We receive daily enquiries about money transfers, primarily for euros, but also for UK pounds, US dollars, and other foreign currencies, for property purchases, deposits, and pension payments. We are also finding that professionals and companies are becoming more savvy with their transfers, especially for overseas invoice payments.Try our Foreign Exchange Service
Your dedicated English-speaking account manager will work with you according to your specific schedule and keep you informed at every step. They can, for example, promptly notify the notary when your funds have been transferred to their account. You will not have to endure the frustrating automated call answering service with your bank and navigate the app on your smartphone to learn that, after all, it is not that easy to make overseas payments with a high-street bank.
Currency News and Rates, on 20th of October 2025
Our FX experts bring you today's updates on international markets and interbank mid-market rates related to the euro. Here's a quick rundown of how global major currencies and key rates are performing, updated on Monday, October 20th, at 11:15 AM, London time (GMT).Pound (GBP) Underpinned by BoE’s Pill Remarks
The pound (GBP) gained support late last week following warnings from Bank of England (BoE) Chief Economist Huw Pill, who emphasised that inflation stays persistently high and warned against prematurely cutting interest rates. This week, GBP might remain cautious as traders wait for Wednesday’s inflation report before taking major actions.-
Today, the UK Pound exchange rate for £1 (GBP) = €1.15113 euros / $1.34208 USD
Euro (EUR) Buoyed by Risk-Off Flows
The euro (EUR) increased on Friday, buoyed by its status as a safe haven amid declining risk appetite. However, its gains were restrained due to its inverse relationship with the US dollar (USD). Today, the EUR might weaken further, especially after Germany’s producer prices declined again in September, heightening worries about the Eurozone's economic fragility.-
Today, the Euro exchange rate for €1 (EUR) = £0.86872 GBP/ $1.16590 USD
US Dollar (USD) Firms on US-China Trade Optimism
Last week, the US dollar (USD) faced challenges due to worries about regional banks, but rebounded as President Donald Trump showed optimism about a trade agreement with China’s President during their late-October meeting. Since the government shutdown has delayed US economic data, the USD's movements today might rely more on overall market trends.-
Today, the US Dollar exchange rate for $1 (USD) = €0.85779 euros
Canadian Dollar (CAD) Supported by Rising Oil Prices
The Canadian dollar (CAD) rose slightly on Friday, supported by a small increase in oil prices. However, if the Canadian PPI data today shows a decline in producer prices as expected, it could put downward pressure on the 'loonie' and increase speculation about a rate cut by the Bank of Canada.-
Today, the Canadian Dollar exchange rate (CAD) = €0.61125 euros
Australian Dollar (AUD) Flat Amid Mixed Chinese Data
The Australian dollar (AUD) remained stable overnight amid mixed signals from Chinese economic data. Although Q3 GDP growth slowed to its lowest in a year, September’s industrial production exceeded expectations, resulting in no strong reason for the AUD to fluctuate. Investors are now awaiting additional insights into China’s economic outlook.-
Today, the Australian Dollar exchange rate (AUD) = €0.55686 euros
Converting Currency Using a Smartphone
Did you know that most modern smartphones feature currency converters in their calculators? For example, the most recent iPhones and Samsung cellphones feature a built-in currency converter in their Calculator app; however, this feature varies by model and, of course, the software version. Here's how to access them on Samsung and iPhone devices:Convert Currency with an iPhone
- Open your calculator
- Input the amount you wish to convert
- Click on the bottom left calculator icon
- Drag it to the right to the convert mode
- Then, choose your currency
Convert Currency with a Samsung Device
- Open the Calculator app
- Tap the three-dot menu in the top corner
- Select "Unit Converter" (or "conversions")
- Look for "Currency"
- If prompted, update the exchange rates online
Excellent Advice and FX Rates
Our award-winning property portal was mentioned on the This is MONEY financial website in the UK. See below a few testimonials from clients who have saved money using our currency service."I secured a fantastic rate thanks to "my-french-house" and their currency transfer service. We received excellent advice and customer service when we needed to convert our currency into euros for our property purchase in France." Andy
"We have completed the final transfer of euros for my French house purchase. We received great rates, and the service was excellent. We're delighted that we have set up repeat monthly payments to our accounts over here." Cath H.
More Money Saving Tips
It's smart to plan ahead and set up your currency trading account before embarking on your property viewing trip. Doing so will demonstrate to the vendor and the estate agent that you are motivated and organised.This step becomes increasingly critical in this market, as banks are not supplying mortgages and sellers are seeking cash buyers. Vendors are wary of buyers who need to sell before they can buy; they are looking for motivated buyers who are ready to make a commitment. Having an account already set up when submitting your purchase offer can significantly increase your chances of negotiating a better deal for your dream property.
Exclusive Voucher Offer
The GBP/EUR rates have fluctuated by roughly 4-5% so far in 2025 (January to September), with a peak at €1.213 on February 28th and a low of €1.141 on July 28th. Are you using your bank for money transfers to France, Europe or globally? Learn how much you could save with our FX service compared to your high-street bank. Our currency partners offer competitive rates and fast service, delivering a high level of customer service, all commission-free. In addition, our partners at XE are offering an exclusive promotion where you could earn up to $/£/€300 in vouchers from hundreds of retailers, including Amazon, Airbnb, M&S, Adidas and many more. To benefit from this promotion, use the promo code on the screen when booking your first transfer online.
