London, UK (Vocus/PRWEB) 3 April 2011
Over 1.2.million retired or semi-retired UK citizens own property overseas according to recent research by FindaProperty.com .
The research reveals that 400,000 expat pensioners own property in Spain, and 200,000 in France. For anyone owning property overseas having an easy and cost effect way for sending money abroad is vital.
With so many pensioners setting up home overseas, Post Office International Payments is advising all overseas homeowners to seek out the best value money transfer service when sending money abroad.
Post Office International Payments is a fast, easy and secure way to transfer money between UK and overseas bank accounts , making it an attractive facility for those wanting to use an international money transfer service for a one off payment or on a regular basis.
While many high-street banks levy charges and fees for using their money transfer services, the Post Office does not charge a fee for sending money abroad or receiving money, offers 0% commission and competitive exchange rates . It is easy to arrange your money transfer over the phone or online, making it convenient to send cash overseas.