Money transfers case studies: HiFX Foreign Currency Exchange

Boat aquisition in France


Nick Bryant bought a three bedroom flat in Marseille. He used HiFX to send funds to France when he bought a boat to explore the coast around the city.

Why did you decide to buy a property in Marseille?

Marseille is so diverse.  It’s a mish-mash of people and architectural styles. In addition a heavy reliance on shipping has started to attract service industries and telecommunications companies (including the company I work for!).  Since I moved here, prices have soared and as a result of the money I’ve made on my property I decided to treat myself to a boat!

When transferring your money what options did you consider?

My first stop was my bank in France. I then contacted my bank in the UK and compared their rates with those of the other high street banks. I also spoke to my financial adviser and to some colleagues at work. One had used HiFX and recommended I give you a call. 

Why did you choose HiFX?

With HiFX the whole process seemed a lot more simple than using my bank. One of your Private Client Team walked me through all the options and answered every question and concern I had. The rates you quoted were also far more competitive than those given by the banks. The lack of bank charges was also a huge attraction. 

After a slight hesitation, I decided to give you a try. The whole experience was a far cry from trying to deal with my bank, who after a 5 minute game of musical phone numbers and an inquisition, finally put us through to the foreign exchange department. I’m then told by a person who’s on his lunch break from junior school that I have 30 seconds to make up my mind on an exchange rate that will lose me money compared to yours!


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