Global Currency Exchange Network

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All That You Should Know About GCEN Or Global Currency Exchange Network

Global Currency Exchange Network or GCEN is known to be one of the leading foreign exchange companies of UK. Its main office is located in London and the two satellite offices in Portugal and Spain. The company has been on the market for over 20 years now. It known to be one of the most renowned institutions catering to the individualized requirements of the clients. The organization does everything for maximizing client’s potentials even though they transacting a small amount. There a number of specialized services offered to help the clients get the best rates of exchange and these stated below:

  • Spot Contract offered when an individual purchases a currency at the existing currency rate. And thereafter makes payment within a span of 2 working days. It for deposit payments that this kind of transaction used. This kind of deal is also available in cases of full payment if funds for the transaction are available.

GCEN Currency Transfers

GCEN
1% Margin Rate
Excellent Foreign Exchange Rates.
Free Transfers.
No Fees.
Get Currency Quotation!
NatWest
5% Margin Rate
Existing Customers Only
Transfer Fee Payable
No Currency Options Available.
24 to 7 Days to send funds
RBS
5% Margin Rate
Existing Customers Only
Transfer Fee Payable
No Currency Options Available.
24 to 7 Days to send funds
First Direct
5% Margin Rate
Existing Customers Only
Transfer Fee Payable
No Currency Options Available.
24 to 7 Days to send funds
  • Forward Currency Contracts applicable once the exchange rate fixed for a period of up to 2 years. The final payment for the residence abroad, for example, can be equal to £100,000. The rate sealed with small amounts of deposit and payments for the bulk of the transaction made after completion of the contract. The private clients for guaranteeing the rates of exchange required to pay about 10% of the price right away. The balance needs to be paid after the contract matures.
  • Time-Option Forward Contracts offer are lot more flexible options. Property developer, for example, may fix February 2018 as the date of completion. However, he fails to keep his promise and the construction requires a lot more time. The dealer, in this case, may suggest that the client fix a date or the forward contract for the month of May 2018. The client is thus free to resolve the contract even before the maturity date reaches without paying any extra penalty charges.
  • Limit Order enables the client to set his own preferred exchange rate. Global Currency Exchange Network monitors to see if the rate fixed is achievable or not. The currency purchased on behalf of the customers. The contracts which based on substantial value particularly benefited by this.

Thus if you wish to avail of any of the above services offered by Global Currency Exchange Network or GCEN. You can log into their official website and gather detailed information.

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