Transferring Money to Italy

Foreign currency transfers to Italy

Transferring money to Italy can cost extra money if you do not plan your money transfer to Italy. Foreign currency brokers will help you get the most from foreign exchange rates when buying Italian property or transferring money to Italy.

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Property for sale in Italy

Transferring money to Italy a case study

A couple wishing to purchase a property in Italy for 200,000 euros would have paid the sterling equivalent of £135,107 in December 2005. Three months later they would have paid £139,034 for the same property. By securing an exchange rate in advance, they would have made a saving of almost £4,000.

Receive a free currency quote for transferring money to Italy

 

Italian Foreign Currency Regulations

If you intend to bring an amount of currency exceeding Eur10,000, currency import restrictions may apply. In particular, the amount may have to be declared and validated in Italy upon arrival. It is always best to check with the Italian embassy in your home country before departure for more details.

    Buying property in Italy can be made more expensive with money transfers

 

Customer testimonial

“I have never transferred money before. You were very helpful and made it easy for me. Thank you very much.”

Foreign currency exchange can cost you thousands

Why use a Currency broker to transfer money to Italy?

Transferring money to Italy and saving money

Currency Index currency Brokers offer:

The most competitive exchange rates available, saving you money.

Fixed exchange rates for settlement in the future, protecting you from adverse currency movements and allowing you to lock in to favorable exchange rates.

Fast and seamless international money transfers

Friendly, expert staff to guide you.

No commission charges.

Peace of mind in dealing with specialists in currency exchange for overseas property purchasers

   

Frequently asked questions

Currency exchange services

Why should I use a currency broker as opposed to my bank?
Staff at your high street usually bank possess neither the expertise nor the market information to offer you competitive exchange rates or monitor the currency markets on your behalf to help you get the best deal.

How does a currency dealer save me money?
Firstly, by offering better rates of exchange than the banks when you need to trade and secondly by ensuring that you trade at the most favorable time. The purpose is always to get you more currency for your Pound. 

What is the minimum amount that I can transact?

Usually a minimum transaction of £5,000, but most currency fx dealers have facilities to handle smaller amounts.

How do I set up an account with Currency Index?
We will open a trading facility for you as soon as we receive your completed Trading Agreement. This will enable us to immediately start monitoring the markets on your behalf. Click here to open a Trading Facility
 

How long do money transfers take?
This depends on where in the world you are sending funds. Usually, transfers to Western Europe and the US are same day.

Buying property in Italy?

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Are you a serious buyer who is ready to move forward with your purchase? if so we can provide you with an overseas mortgage quote