If you’ve bought a property abroad, you might need to spend some money to make it feel like home by doing renovations or buying furniture. Then, once you move in, you might need to fund your new life there, such as bringing over your pension or mortgage payments.
We often give a lot of thought to the big-ticket property purchase – but what about your smaller international transfers? Whatever they may be, it’s advisable to give these smaller payments the same care and attention as large transactions.
You might default to using your bank, which could expose them to transfer fees and uncompetitive exchange rates, or opt for digital bank services where worries over security may linger.
But did you know that currency specialists like Lumon can help you with making the most of your smaller payments, too? We provide convenient, secure, and cost-effective international payments – large or small.
Handle smaller payments with ease with your online account
There’s no need to pick up the phone if you’d need to make a smaller payment, as after the quick sign-up process they can be easily and speedily made via our secure and user-friendly online portal.
With our online account, you can:
- View our live rates, keeping you up to date with market movements
- Hold and manage wallets in over 40 currencies
- Add and manage beneficiaries
- Help secure your smaller payments against cybercrime through two-factor authentication (2FA)
Finding the right products for your needs
If you’d like support with choosing the right product for your needs, our experienced and knowledgeable team of currency specialists can help you navigate this decision, ensuring that your smaller payments are shielded from currency risk and arrive on time.
For example, you might have smaller payments on the horizon, such as paying vendors for a wedding abroad. But if you’re concerned about currency fluctuations potentially throwing out your budget, then a Forward Contract, which locks in a rate in advance, could provide the stability you’re after.
Or, if you have repeat, ongoing payments like your mortgage to make, you might consider our regular payment plan (RPP)*, which automates these. This means there’s no need to make them manually each month, and you can rest assured that whatever your bill is, it’s paid in full.
Lumon: your trusted currency specialist
Our bank-beating exchange rates and transfer fee-free transfers apply to all your payments – big, small and everything in between.
We’re also regulated by the Financial Conduct Authority (FCA) and the Central Bank of Ireland (CIB), so you can rest assured that your money is protected. This includes safeguarding your funds by holding them in a segregated electronic money account, ensuring they’re only used to complete your international payments.
Take control of your smaller payments
Create your Lumon account in minutes and start making hassle-free and cost-effective smaller payments using our online portal and tailored products.
*Please note that terms and conditions apply. Speak to a member of our team to enquire about your eligibility to set up an RPP.
