GE Money Bank France and Moneycorp are now providing a new service for GE Money customers

Released on: May 29, 2008, 8:15 am

Press Release Author: Frédéric Foschiani

Industry: Financial

Press Release Summary: GE Money Bank France announces an exclusive partnership with
Moneycorp. This collaboration means that existing and new GE Money Bank France
customers who transfer money to France in order make their mortgage repayments will
have a foreign exchange process facilitated by Moneycorp.

Press Release Body: Transfer and currency exchange for French mortgages

GE Money Bank France and Moneycorp are now providing a new service for GE Money
customers.

GE Money Bank France announces an exclusive partnership with Moneycorp. This
collaboration means that existing and new GE Money Bank France customers who
transfer money to France in order make their mortgage repayments will have a foreign
exchange process facilitated by Moneycorp.

GE Money Bank takes care of its customers from the beginning of the French mortgage
application, right through to the end of the loan term. This new service offered to
GE Money Bank customers reflects our commitment to provide an overall service that
is second to none.

Once the client has successfully applied for a French mortgage and then acquired the
property in France, repayments towards the mortgage loan must be made from a French
bank account.

Transferring funds into the French account can become expensive but also a hassle.
Exchange rates offered by the banks and their transfer fees make transferring and
exchanging currency a costly transaction. If we also take into consideration the
need to visit the local bank, filling in the forms, and arranging each funds
transfer, it turns into a very time consuming process.

That's why GE Money Bank has joined together with Moneycorp, a foreign exchange
specialist, offering existing and future GE Money Bank customers based in the UK,
this quick, easy and low-cost way to transfer money from their UK bank account to
their French bank account.

Customers will enjoy competitive exchange rates that will always be cheaper than
high street bank rates. Additional benefits include a no-fee service for one-off
transfers as well as the convenience of being able to make payments by direct debit.
GE Money Bank's partnership with Moneycorp makes it easy to buy a house in France
with the right mortgage.

This unique service forms just one part of GE Money Bank's range of services and
products available. For full details of this service, please visit our website:
http://www.mortgage-in-europe.com/france/. You can also find information about
Moneycorp and apply for this service by visiting www.moneycorp.com/ge.

Moneycorp is the UK\'s leading foreign exchange company that provides tailored
foreign exchange services to help individuals save money on their overseas currency
transfers.
Corporation name: TTT Moneycorp Ltd
Shareholders Capital: £ 14,289,686
Headquarters address: 2 Sloane Street, Knightsbridge, London SW1X 9LA
Registration: VAT 897393454. Company registration number 738837

Contact : GE MONEY BANK :web.mortgage.gemb@ge.com


Web Site: http://www.mortgage-in-europe.com/france/

Contact Details: Frédéric Foschiani
Tel.: 0158132745
Email: web.mortgage.gemb@ge.com

Tour Europlaza La Défense 4,
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