France
The challenge
Having purchased a family home in the south of France, Richard Knight has an important international payment requirement during his annual visit: to transfer a large sum of cash from a solicitor there to a UK bank. He previously did this via TIP/SEPA/SWIFT transfers through his bank, exposing his funds to uncompetitive interest rates and transaction fees – he was even hit by additional fees for failed transactions, which felt out of his control.
The solution
Richard explored alternative options – and one stood out. His search for an international payment provider that could offer a more convenient, cost-effective and secure service led him to Lumon.
- Personal service: Having explained the transfer process, Richard’s dedicated currency specialist, Chris – whom he describes as “informative and professional” – provides him with regular market updates that drive informed decision-making.
- Cost-effective: Unlike his bank, Lumon offers highly competitive exchange rates with no hidden fees, ensuring each transfer is cost-effective
- Convenience: This reliable and easy-to-use service takes the hassle and worry out of each transaction. It also makes the process quicker than with his bank, so Richard can rest assured that the funds will arrive on time.
- Security: Richard explained that “Lumon implements the robust security measures that we have come to expect from a payment provider today.”
The result
Having experienced the limitations of TIP/SEPA/SWIFT transfers through his bank, Richard described Lumon’s service as “by far the most convenient way to transfer a large cash amount from a solicitor in France to a UK bank.”
“I would highly recommend Lumon’s services to move money from abroad. The paperwork is prepared for us and things are very clear and easy to understand. The service is fast and efficient. Very happy customer.”
Richard Knight
Your international payment requirements won’t end when your property purchase is complete, they will change – with deposit payments and solicitor fees replaced by income transfers and maintenance costs. Your dedicated Lumon account manager can help make these repeat transfers smooth, cost-effective and secure – so you can concentrate on enjoying your time overseas.
