Making the most of your EU subsidy – Single Farm Payment service
The Single Farm Payment is an agricultural subsidy paid to farmers in the EU. In non-Euro countries, payments to farmers may be made in local currency at an exchange rate set by the European Central Bank thereby presenting a choice to UK based farmers; do I receive the subsidy in Euros or in Sterling? As one of the UK’s leading foreign exchange providers we are proud to have provided the very best exchange rate service over the last five years to farmers who have chosen to receive the subsidy in Euros. When you receive your SP5 form, just tick the option to receive the subsidy in Euros and we will guide you through the process from discussing the timing and advising on the correct beneficiary account to the trade itself.
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Don’t hesitate to contact us if you have any further questions or queries on +44 (0) 1491 577 550. Alternatively, click the Call Back Button above fill in the request form and we will call you.