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Posted by portugalpress on December 04, 2017

Currencies 4 You has opened its first Portugal office in Almancil. The inauguration event was held on November 28 at the premises located at Rua 5 de Outubro.

Algarve financial expert Simon Perks leads a team of two currency exchange specialists, Elisabete Serrano and Andrea Barnett.

Currencies 4 You was founded in 2009 by Suraj Gokani, whose network of offices in key expat markets now includes a bricks and mortar presence in the Algarve.

Gokani was at the launch and, with his company's 14 years of experience, will ensure his first branch in Portugal will continue to build on Currencies 4 You's reputation as “an industry leader in helping customers achieve the most for their money when making cross-border payments”.

The importance of having staff on the ground and a high street presence has been confirmed at other of the company's overseas branches. "By dealing directly with the currency markets, it means the middle men are brushed aside; this then allows buyers and sellers to be matched against each other, therefore allowing the client to have a competitive price on their foreign exchange," he said.

The rise in property transactions has increased the market for currency exchange specialists. But are there too many currency exchange companies already serving the Algarve? "Not at all," said Suraj Gokani. "We welcome competition and the chance to prove our service and rates are second-to-none."

“With savings of up to 5% on high street bank currency transfers, those exchanging funds are advised to look at other available rates and to use a specialist company - give Currencies 4 You a chance to save you money," said Perks.