The simple answer is yes. Not only that, by setting up the appropriate apparatus with respect to your online banking, it is possible to automate every step of a currency transaction to the point where you are receiving monthly payments in one currency, and receiving a converted exchanged rate on exactly the same day each month. You just have to ASK your UK forex company or currency transfer specialist to assist. The top FX companies will offer you a variety of options enabling you to make regular payments (like payment of mortgage abroad, salary transfer, remittances, and pension transfers). Beware of “Honeymoon Rates”: When you set up a regular transfer make sure the company will keep offering you the same margin as with your first transfer for future transfers. If you don’t, some companies will widen their spreads over the course of time.