Business Foreign Exchange
We work with our expert partner Moneycorp to provide tailored foreign exchange products for businesses, individuals and for travel money. Moneycorp is a long-established business with an excellent reputation, setting industry-leading standards across the foreign exchange and global payment markets. Moneycorp have been dealing in foreign exchange since 1979, are regulated by the FSA for the provision of designated investment business.
For more detail on Moneycorp please see some Key Facts
Foreign Exchange and International Payments
Moneycorp can assist you in making fast, secure and cost effective transfers to any international bank account. They can give you the quickest, easiest and most cost effective way to pay overseas suppliers and staff and receive international payments. There are no hidden fees and they can substantially reduce the costs of managing foreign currencies versus a typical bank arrangement.
Foreign Exchange Risk Management
Our partners can help to protect you against fluctuating exchange rates using the latest market information. If your business imports or exports, makes or receives payments from other countries, then hedging with forward contracts can protect you against making losses from currency volatility. They can also provide foreign currency options if these are appropriate.
Online Global Payment System (GPS)
The online system allows you to make payments and hold balances in multiple currencies, with real time access to competitive rates of exchange in over 100 currency pairs. By holding accounts in different currencies this enables you to convert funds at the optimum time and manage your foreign exchange exposure. The sophisticated reporting gives you visibility of historic and current transactions so that you can easily manage and account for your foreign exchange deals.
