FOR LIVES ACROSS BORDERS
One login. A named dealer on the other end of the line. The mid-market rate, our margin and the all-in Sterling figure, shown before you commit. Whether you are completing on a property abroad or moving money week to week, the numbers that matter are the ones you see.
PROPERTY PURCHASES ABROAD
Most cross-border lives include one or two transactions that dwarf the rest. A property completion is usually the largest. The seller has a fixed date. Your solicitor has a fixed figure in euros, dollars or francs. The rate between exchange and completion is the variable, and it can move further than people expect.
BUYING PROPERTY ABROAD
A villa in Provence, an apartment in Lisbon, a chalet above Verbier. Between offer and completion, the currency market can quietly rewrite your purchase price. A forward contract fixes the rate on the day you exchange, so the Sterling cost on completion is the Sterling cost you signed for.
EARNING IN ANOTHER CURRENCY
A salary, a bonus, a board fee or a dividend arriving in euros or dollars. Held in the right currency until the rate suits you, converted on a day of your choosing, with the margin disclosed before the trade.
A PORTFOLIO IN TWO CURRENCIES
Distributions from a fund, rental income from a second home, proceeds from a sale abroad. The administration is rarely the issue; the cost of converting it back is. We treat each conversion as a priced trade, not a passive sweep.
SUPPORTING FAMILY ABROAD
School fees in Switzerland. A monthly transfer to a parent in Italy. A standing arrangement for a child studying overseas. Regular payments, set up once, drawn at a rate agreed in advance.
You speak with a dealer, not a queue. Ten minutes is usually enough to understand the transaction, the timing and what is sensible to protect.
Standard identity and source-of-funds documentation. Most clients are live well inside a property completion window.
The same person handles your account from the first trade onwards. When you call, you reach them.
YOUR TOOLKIT
You do not need a stack of apps and a spreadsheet. A single Medlock & Thames account, a named dealer and three straightforward instruments cover almost every cross-border requirement.
MULTI-CURRENCY ACCOUNT
Hold Sterling, euros, dollars and other major currencies under one login. Receive funds in the currency they arrive in. Convert on your terms, not on the day a payment lands.
FORWARD CONTRACT
The single most useful instrument for a property buyer. Lock today's rate for a settlement date up to 24 months out, secured by a deposit. On completion day, the Sterling cost is the figure on your contract, regardless of where the market has moved.
REGULAR PAYMENTS
For mortgages on a second home, school fees, family support or any recurring obligation in another currency. Set the amount, the frequency and the rate parameters once. We handle the execution.
UNITED KINGDOM END CUSTOMERS: Payment and e-money services are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: 1 Sheldon Square, London, W2 6TT, United Kingdom. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199) | UNITED STATES END CUSTOMERS: Payment services in the United States are provided by Visa Global Services Inc. (VGSI), a licensed money transmitter (NMLS ID 181032) in the states listed here: https://usa.visa.com/legal/visa-global-services-licenses.html VGSI is licensed as a money transmitter by the New York Department of Financial Services. Mailing address: 900 Metro Center Blvd, Mailstop 1Z, Foster City, CA 94404. VGSI is also a registered Money Services Business (“MSB”) with FinCEN and a registered Foreign MSB with FINTRAC. For live customer support contact VGSI at (888) 733-0041 | EEA END CUSTOMERS: The issuance of e-money and the provision of related payment services for Medlock & Thames are provided by CurrencyCloud B.V. CurrencyCloud B.V. is registered with the Dutch Chamber of Commerce in the Netherlands under number 72186178. Registered office Mr. Treublaan 7, 1097 DP, Amsterdam, Netherlands. CurrencyCloud B.V. is licensed and regulated by De Nederlandsche Bank as an Electronic Money Institution (Relation Number: R142701). https://www.currencycloud.com/legal/terms/ | Medlock & Thames’ payment and foreign currency exchange services are provided by Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs (“HMRC”) under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP.