Currency Exchange
We frequently speak with new clients who are receiving their salaries in a new, unfamiliar currency which their employer is transferring into their existing bank account which is denominated in a different currency. It is common for banks to charge FX fees ranging from 3-7% of the transfer, and also often not offer the best rates!
This becomes even more costly for clients who, for example, sell their house in one country in one currency and then buy a new house in another with a different currency. Exchanging a large sum like this with your bank could prove very costly. This is a very straight forward part of financial planning which can save our clients thousands.
We work with a number of Financial Conduct Authority approved payment services providers. Once we have an understanding of your requirements we will be able to compare and recommend the most suitable provider for your conversion and assist you with setting up an account and making the transfer.
- Pre-agreed margins depending on the size and frequency of your foreign exchange transfers
- Factual market information, key political events and key market data release dates
- Set limit orders with expiry dates any time up to 12 months in the future
- Specialist foreign exchange solutions for your more complex needs
- Corporate foreign exchange solutions