Issues & Solutions Darren Connor

INTERNATIONAL PAYMENTS

International payments – issues Currency fluctuations Hidden costs Other considerations Currency exchange specialists Services offered Working with Realtors Questions?

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AGENDA

Need to exchange currency – how easy is this? Europe - 48 countries & 26 own currency Russia – 9th largest economy in the world, Ruble not

easily traded 25% of all foreign buyers in USA are from Europe and

Russia Reason for buying? Strength of domestic currency

against USD

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INTERNATIONAL PAYMENTS - ISSUES

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CURRENCY FLUCTUATIONS – EUR/USD

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CURRENCY FLUCTUATIONS – EUR/USD

Date Exchange rate $ Amount € Amount Difference

16 January 2012 1.27 200,000 157,480

23 February 2012 1.34 200,000 149,253 €8227

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HIDDEN COST

Interbank price EUR/USD = 1.3140

Provider Exchange rate $ Amount € Amount Margin cost

Provider 1 1.2900 200,000 155,038 €2831

Provider 2 1.2800 200,000 156,250 €4043

Difference of €1212 between providers

Hello/Hola/Bonjour/Здравствуйте Culture and customs Different process when buying a property Legalities Getting funds out of their country

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OTHER CONSIDERATIONS?

Currency exchange specialists Competitive exchange rates Risk management services Same day transfers Security Ease of use

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SOLUTIONS

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HOW IT WORKS

Book a TradeTelephone Online

Speak to a DealerGuidance Support

Open an AccountFree No obligation

Referring Partnership program- Account Manager- Marketing materials- 15% referral fees – compliant with RESPA

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WORKING WITH REALTORS

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QUESTIONS?