SERVICES

For individuals

Personal-services

For individuals

SPOT CONTRACT

The most common and convenient form of currency exchange.

A Spot Contract allows you to convert currency immediately at the current exchange rate. It is a convenient way of making a same-day payment, where possible. If all your money’s available and you want to move quickly on something a spot contract is an ideal method for international payments.

 

Find out more about Spot Contracts

To find out more about spot contracts, speak to one of our experts on 02071 832 790.

For individuals

FORWARD CONTRACT

Protects you against unfavourable movements of exchange rates.

A forward contract is 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 upfront. Forward contracts allow you to lock into an exchange rate for up to 12 months, usually paying around 10% to secure the currency, then pay the balance by the agreed payment date.

A forward contract could be a great option if, for example, you are buying a house abroad and have put down a deposit and want to protect yourself against adverse exchange rate movements before you complete the house purchase.

 

Find out more about Forward Contracts

To find out more about forward contracts, speak to one of our experts on 02071 832 790.

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For individuals

LIMIT ORDERS

Setting a particular target exchange rate for the future.

A limit order allows you to set a target exchange rate for the future. If you are looking for a particular exchange rate that is not currently available, a limit order could be an option for you.

When the target exchange rate you set becomes available, we will automatically buy your currency for you and you pay within the timeframe that was agreed on when you placed your order.

If you don’t have time to monitor the foreign exchange market closely but do want to trade if a rate you are looking for becomes available a limit order could be ideal.

 

Find out more about Limit Orders

To find out more about limit orders, speak to one of our experts on 02071 832 790.

For individuals

INTERNATIONAL PAYMENTS

Get great rates on international payments. Faster and cheaper than you can with your bank.

Simple and secure international currency payments with no hidden fees. We use industry-leading money transfer technology that protects your money and guarantees it arrives safely every time.

 

Find out more about International Payments

Get in touch! speak to one of our experts on 02071 832 790.

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