Regular Overseas Payments
If you don’t have a lump sum of euros in your French bank account, you’ll need to transfer money across to France to meet monthly costs and living expenses. This can be easily achieved using a Regular Overseas Payments (ROP) service from a reputable currency broker. Simply specify the date, amount and destination account for your transfer. Your money will be automatically transferred at the same time each month at a competitive exchange rate.
This is especially useful if you receive a UK pension, as most of these must be paid into an account in sterling. ROPs give you an easy way of getting your retirement funds into your bank account in France without having to think about it all the time. You can also avoid the transfer fees high street banks often charge, which add up to a significant amount if you send money overseas every month.