Managing your foreign exchange exposure can be complex and not without risk. You’re looking for a solution that allows you to purchase a specific amount of foreign currency at today’s competitive rate to use in the future (forwards) but that you can drawdown in a range of settlement dates (windows).
In addition, you have an unknown cash flow for the foreseeable future and would like certainty of the financial obligations in your currency.
Typically 24-48 hours after returning completed documents.
Funds are safeguarded by our FCA-regulated e-money partners at a credit institution.
Our payment services are provided by The Currencycloud which is owned by Visa Inc. Currencycloud is authorised by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 for the issuing of electronic money and the provision of payment services with FCA registration number 900199.
Over $1bn per month is now being processed through the platform and all client funds are held in separate accounts with tier one banks. In the unlikely event of Currencycloud ceasing to exist, your money remains protected.
We are able onboard clients based in the U.S.A, Canada, Mexico, U.K., EU and selected countries across the Middle East and Asia Pacific. We are able to send payments to more than 185 countries.