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We offer all sorts of services, but the ones you pick very much depend on what you want to achieve.
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A Spot Contract lets you convert currency immediately at the current exchange rate, making a convenient payment on the same day, where possible. It’s ideal if all your money’s available and you want to move quickly on something.
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More on Spot Contracts
Call us on +44 (0)203 384 7280 and speak to one of our experts about Spot Contracts for a little more depth.
A Forward Contracts could be ideal if, for example, you’ve placed a deposit on a house overseas and want to protect yourself against the exchange rate moving against you while you’re waiting to complete.
It’s an agreement to buy a certain amount of currency at the current exchange rate for a date in the future, without having to pay for it all up-front. You can lock into an exchange rate for up to 12 months in advance, paying approximately 10% to secure your currency and pay the balance by the date agreed with us.
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Call us on +44 (0)203 384 7280 and speak to one of our experts about Forward Contracts for a little more depth.
If you’re after a particular exchange rate, but it’s not available right now, a Limit Order could be just the thing.
Once your target exchange rate becomes available (remember this will be different to the interbank rate), we’ll buy your currency for you automatically and you’ll pay within the timeframe we agreed upfront.
This type of contract is great if you’re working to an exact budget. Or if you don’t have the time to monitor markets closely, but do want to trade if the rate you’re looking for becomes available.
More on Limit Orders
Call us on +44 (0)203 384 7280 and speak to one of our experts about Limit Orders for a little more depth.
Stop Loss Order
A Stop Loss order is handy if you can’t afford for your exchange rate to drop below a certain level, but you still have a little time to wait and see if the rate improves. It means you know your worst-case scenario. And should your order fill, you’d pay within the timeframe we agreed beforehand.
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Call us on +44 (0)203 384 7280 and speak to one of our experts about Stop Loss Orders for a little more depth.
Regular Payment Plan
A Regular Payment Plan (RPP) is useful for mortgage payments, pensions and more.
Just set up a standing order with your UK bank to send your Pounds to us. We’ll perform a currency exchange automatically and send payment through to your overseas bank account. It’s ideal for hassle-free regular transfers. And we don’t charge any transfer fees.
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To learn more about RPP, please contact the team by emailing [email protected]
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