Text by Elisabete Serrano, Currencies 4 You
Currencies 4 You was established in the UK in 2009 by Suraj Gokani. During the succeeding years, the company opened a number of overseas offices. In the spring of 2017, Suraj visited the Algarve with a view to opening an overseas office in Portugal. He was most impressed with the Algarve from both a cultural and business perspective, and the decision to open a branch in Almancil was made. To achieve this objective, he enlisted the assistance of Simon Perks, who was well known from his time at Banco Santander Totta, and myself, Elisabete Serrano.
In autumn 2017, Currencies 4 You opened a branch in Almancil, with me as Portugal Business Manager. Following the opening of the branch, we have had to deal with two major challenges – namely Brexit and the vast Covid-19 pandemic situation that affected the world. During these times, our first concern was always our clients — whether working from the office or remotely, we were always there to support all our clients, new clients, and our affiliates. In 2019, Currencies 4 You was named The Most Trusted Foreign Exchange Firm of the year at the Elite Business Awards, affirming our reputation and transparency as a company.
In case you are contemplating either purchasing or selling an overseas property, it is highly advisable to seek expert advice, including on foreign exchange, which is one of the most volatile markets in the world. To negate any unnecessary exposure to this market, it is recommended that you use the service of a currency specialist/ analyst, such as Currencies 4 You, who can provide a number of solutions, including the following:
Tailor-made currency solutions – There are plenty of financial tools available to help you stay protected from any volatile fluctuations and avoid any unnecessary risk when buying your currency.
Various contracts specific to your time frame – If you have a specific time frame, then why not choose a contract that allows you to settle when it suits you?
Contract Types – You can take advantage of both spot purchases (immediate settlement) and forward contracts (fixed exchange rate in advance for up to 2 years).
Order types – You have access to various order types to mitigate your exposure to the markets, such as limit order and stop-loss orders.
Access to market experts – In-depth knowledge on the latest market movements with updates on the latest news and key economic events.
The office in Almancil continues to be available to welcome clients. I continue as Portugal Business Manager, Simon continues to be an ambassador to the company and, since August 2021, our team in Portugal has increased with the addition of a Business Development Officer – Emma Rutter. The Portugal office continues to be supported by the UK Head Office, which makes regular visits.