Simplifying the property completion process
Currencies Direct September 24th 2024 - 2 minute read

Update: PropertyPay has a new name – and a new home. Now part of Redpin, our parent brand, the service continues to offer seamless, secure property payments without the hidden costs. While this article refers to PropertyPay, you can now experience the next evolution in property transactions with Redpin.
In today’s fast-paced real estate market, managing property transfers – especially those involving international buyers – can be challenging. From coordinating payments across borders to dealing with fluctuating exchange rates, traditional methods often feel slow, cumbersome, and costly.
But what if you could simplify the process, reduce reporting requirements, and save significant time?
A better solution for property transactions
Handling property transactions across borders can involve a lot of coordination, from communicating with multiple parties to tracking payments and managing currency transfers. Often, this process is bogged down by unexpected fees, delays, and the complexity of traditional banking systems.
For many, this means spending too much time on administrative work – whether it’s following up on payments or generating reports for clients.
Fortunately, our revolutionary new PropertyPay service eliminates these frustrations, allowing you to focus on delivering a seamless experience for your clients.
Introducing PropertyPay: the ultimate property transfer solution
PropertyPay is an innovative payment solution designed specifically for property transactions, especially when international payments are involved. It gives you full control over the payment process, drastically reduces the need for excessive reporting, and most importantly, saves time.
Instead of dealing with multiple banking systems, hidden fees, and unpredictable delays, PropertyPay allows you to initiate and track payments effortlessly, streamlining the entire transaction process.
Complete convenience
PropertyPay is a completely digital service. This removes the requirement for local bank accounts, while also reducing paperwork and reporting – saving you a lot of time and stress in the process.
Time saving
Our solution means you won’t have to handle bankers’ drafts – so no need to visit the bank to raise or deposit them, or to provide Power of Attorney – saving you a significant amount of time during every completion you support.
Direct transfers
With PropertyPay, funds are kept in client accounts, allowing direct transfers from buyer to seller*. This eliminates the need for third parties like lawyers, notaries, and estate agents to handle funds, reducing delays and unnecessary costs.
Stay in control
PropertyPay, offers you full control over how and when payments are made. The platform lets you schedule payments, track them in real time, and ensure that all funds are transferred securely and on time. With the extra oversight meaning smoother transactions for you and your clients.
Say goodbye to tedious reporting
Managing administrative tasks is time-consuming. Whether you’re tracking payments, reconciling accounts, or generating reports, it’s easy to become overwhelmed by paperwork. With PropertyPay, you can simplify and automate these tasks, freeing up your time for more important matters.
A future-proof solution by Currencies Direct
As the real estate market becomes increasingly competitive, offering clients an efficient, secure payment solution like PropertyPay sets you apart. Clients expect a modern, straightforward process, especially when dealing with high-value international transactions, and PropertyPay delivers just that.
It’s time to rethink how you handle property completions and take your business to the next level. Don’t let outdated payment systems slow you down—embrace a modern solution built for the future of property transactions. To find out more about how PropertyPay could save you and your clients time, money and hassle, call +34 910 786 109 or email propertypay@currenciesdirect.com.
*The transfer of funds between buyer and seller can be instant if both have an account with Currencies Direct Spain, E.D.E., S.L.
Written by
Currencies Direct