'Brexit means Brexit' and we will 'make a success of it' says Prime Minister Theresa May. With Article 50 due to take place before March 2017 ministers have been visiting their counterparts worldwide in order to ascertain the best possible opportunities for our departure from the EU. Understandably the Brexit vote has tested the resolve of many who intended purchasing a property abroad and on the other hand, it has resulted in many seeking to emigrate. In particular, there is a significant increase of interest in people looking to immigrate long-haul to countries such as Australia, New Zealand and Canada. While in the overseas property sector, generally speaking, it is serious or committed property buyers who have done their homework have not been deterred from making their move abroad (Sunday Times, 28 August 2016). No matter whether emigrating or merely purchasing a second property overseas, transferring your money abroad is the one thing you will need to arrange, and getting the best for your money in the current Brexit currency backlash. Since the EU referendum we have seen a double-digit increase in the number of customers opting for Forward Contracts rather than waiting to see what happens with the exchange rate closer to when Article 50 is triggered. Find out how FC Exchange can help you with your exchange rates.

Worried about how Article 50 and Brexit will affect international money transfer? Then you should consider a Forward Contract, it could be the ideal solution for you. In fact, it has been very popular with our overseas property customers who despite Brexit decided to proceed with their move abroad. For example, Mr Richard Doyle, who was interviewed by The Sunday Times, 28 August 2016, regarding his decision to continue with his move, is one such customer who used a Forward Contract.

How a forward contract works? If, for example, you've agreed to buy a property, but the completion date is a few weeks or even months away, a Forward will allow you to guarantee your exchange rate so you know exactly what the property will cost before completion date. All that is required is a small deposit and the balance is payable by the end of the contract term.

Booking a forward. After establishing the amount of money you are looking to exchange and the time frame you have to work within, we'll look into the rates which will be used to calculate the exact sums of both currencies involved. This will help you to accurately plan your finances, removing the anxiety of unexpected market movements.

How can you book a forward? We can fix your exchange rate in this way for anywhere between three days up to three years.

Flexible settlement dates. You can also ask us to book a `window period' for your contract's settlement date. This means you can settle between two pre-determined dates that you tell us at the outset. This can be a useful way to limit foreign exchange risk if you don't know the exact date when you'll need to make your overseas payment, but you still want to fix the rate. This is a popular option for when a property sale is involved, because although you may have a firm completion date funds can still take time to be released by a solicitor or notary.