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Farmers - Single Farm Payments
Subject to formal confirmation in the Official Journal of the European Union on 3 October 2011, payments for the 2011 Single Farm Payment will be made using the exchange rate of €1 = £0.86665 (1.1539) - the exchange rate for 2010 was 0.85995 / 1.1628.
When faced with the question of whether to receive their single farm payment in GBP or Euros, perhaps it is inevitable that farmers would tick the GBP Box. However, with the help of Currency UK , farmers can get more for their money and benefit from great service.
As payments are made in Euro, why get someone else to change it for you at a rate that may not benefit you when you can use the experts to get more then you otherwise would. The set rate for 2010 was 1.1628 and if we had booked this beforehand we could have achieved a rate of 1.0500, meaning a saving of over £4,500.00 on a payment of €40,000.00.
If you would like to make more of your EU subsidies then call is now on 020 7738 0777
Why Use Currency UK?
When faced with the question of whether to receive their single farm payment in GBP or Euros, perhaps it is inevitable that farmers would tick the GBP Box. However, with the help of Currency UK , farmers can get more for their money and benefit from great service.
As payments are made in Euro, why get someone else to change it for you at a rate that may not benefit you when you can use the experts to get more then you otherwise would. The set rate for 2010 was 1.1628 and if we had booked this beforehand we could have achieved a rate of 1.0500, meaning a saving of over £4,500.00 on a payment of €40,000.00.
If you would like to make more of your EU subsidies then call is now on 020 7738 0777
Why Use Currency UK?
- Be In Charge Of Your Money
- Fix Rates – So sleep Easy
- Fast And Reliable Service
- Personal Account Manager
- Best Rate
- More Money For You
Be In Charge Of Your Money
Yes, the rates agreed for the SFP are enticing but you can get better rates by using Currency UK. You dont have to be at the mercy of the European Central Bank who set a rate on the 30th September. Have 365 days to decide what rate you get. Not just one!Fix rates – So sleep Easy
Watching the exchange rates go up and down and so seeing the size of your payment do likewise can be extremely stressful. That is why with currency UK you can book an exchange rate for up to 12 months in advance. So, regardless of where the rate goes, you can already know how much money you are going to receive before you have even received itFast and Reliable Service
Currency UK is exceptionally easy to use. Once we have received cleared funds, we transfer the GBP to your stated beneficiary as quickly as possible and you will be issued with a payment confirmation once this has been donePersonal Account Manager
When speaking with Currency UK, you will not be dealing with a call centre. You will have your own designated Personal Account Manager. Our experienced staff are always available to help and advise you on how achieve the most for your money and answer any questions you may have.
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| Currency UK is authorised and regulated by the Financial Services Authority (FSA) as a Payment Institute under firm reference number 504592. HM Revenue & Customs Certificate of Registration for Money Service Businesses Number 12120036. |
Registered name: Currency UK Limited, Registered in England No.4017212 United Kingdom. Consumer Credit Licence Registration Number: 536155. Currency UK Ltd is the preferred foreign exchange partner of The Offshore Financial Trade Association. All Currency UK accounts are held with HSBC Bank plc. |
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