Foreign Exchange

If you are trading overseas you will often need to pay for goods and services or receive payments in foreign currencies. An FX facility ensures that your clients, suppliers and staff can be paid swiftly and easily in the currency of their choice. There are different options available such as Spot Conversions for immediate needs and Forward Contracts for future requirements. 

We offer a range of services that could suit your business. For example, Spot trades help you to immediately buy or sell currency and lock-in a rate for settlement within two working days. Forward Contracts are for currency requirements in the future. You can lock-in a rate and use it later. This means you know where you are with your money even if the exchange rate fluctuates. We also offer a dedicated point of contact for help and support with your FX as well as an easy to use self-service online portal to book transactions. 

Any size or type of business trading internationally. Whether you are an SME or a large corporation, if you need to make and receive payments in foreign currencies for goods services, salaries, purchase or sale of assets, our service would benefit you. If you are a business looking to minimise the impact of currency fluctuations, our service offers opportunities for you to lock-in an exchange rate to use at a pre-agreed date in the future.

We are able to send payments on the same day – please note that some currencies can take a few days to clear.

We trade in all major currencies and most niche ones.

To find out more call our FX team on 0808 302 5731.

We are among the most competitive in the market and because we buy currencies in bulk, we can offer our clients more favourable exchange rates too. We don’t typically require a deposit for Forward Contracts and there are no transaction fees.

Not typically on Forward Contracts but this is subject to a credit assessment.

Yes, you have a dedicated contact for expert support with your FX requirements as well as access to our online self-service portal for speedy transactions.