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18 Jan, 2008

Tanya Powley - 17-Jan-2008

Foreign exchange specialist Moneycorp has signed an exclusive partnership agreement with the French property and finance specialist, GE Money Bank.

The collaboration means that GE Money Bank's mortgage customers who transfer money to France to pay their mortgages will have their foreign exchange process facilitated by Moneycorp.

With this new partnership between GE Money Bank and Moneycorp, clients will be able to automate the process of sending money to France and converting it to Euros.

This unique system allows customers to automate the process of sending money to France on a regular basis.

Moneycorp chief executive officer Keith Hatton says: "Being selected by one of the world's most recognised and respected companies further establishes Moneycorp as an industry leader. Our Regular Payment Plan service is already endorsed by several of the largest global financial institutions and GE Money Bank's decision to exclusively partner with us represents a significant opportunity for its customers to receive the very best service, from the very best service provider."

GE Money Bank director of international mortgages Amaury de Monclin adds: "At GE Money Bank, we are delighted to have partnered with Moneycorp. Thanks to this programme, customers will have access to additional services and products, including a low-cost, efficient and secure way to transfer their money. This new partnership allows us to develop our business in line with the goals of our company, to facilitate home acquisition."

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