The Euro exchange rate has been set for calculating 2019 Basic Payment Scheme (BPS) payments.

BPS payments for Wales are set in Euros and then converted into sterling and the rate, an average of the European Central Bank exchange rates set in September will be:-

€1 = 0.89092

For reference, the rates during the last 4 years have been:-

2018  €1 = 0.89281

2017  €1 = 0.89470

2016 €1 = 0.85228

2015 €1 = 0.73129

NEGES BWYSIG   IMPORTANT MESSAGE

The BPS 2019 Support Scheme will be available for customers whose 2019 Single Application Form (SAF) will not be processed and ready for payment by the opening of the payment window on 2 December 2019.

The scheme will pay up to 90% of the anticipated value of your 2019 claim, and you are encouraged to consider applying in case of a long delay in processing your claim.

It is an OPT IN scheme, and you need to apply via your RPW Online account – the application will be available from 15 October until 29 November 2019.

• For those CARA clients who pay us the annual fee (£100 + VAT) to regularly check for messages on their RPW account – we will automatically apply for the 2019 Support Scheme on your behalf AT NO EXTRA CHARGE.
• For all other clients, should you wish CARA to apply for you, then please email or telephone us, quoting the name of your holding and Customer Reference Number (CRN) BEFORE THE CLOSING DATE (29/11/19). A CHARGE of £10 for this service will subsequently be added to your 2020 SAF invoice.

email: office@carawales.co.uk

Tel: 01570 471516