Foreign exchange solutions for your business
No matter what your business does, if you need to make just one payment, set up payments to lots of people, protect a favourable rate for the future or want to do more to protect your business from currency fluctuations then look no further - we'll find the right product to suit you and your business' needs and appetite for risk.
If you need to make an international payment straight away (or with very little notice) then a spot contract could be the one for you. We would offer you a rate based on the live exchange rate on the day and you can make a payment there and then. They're great if you just need to get it done.Find out more
If you want to lock in a rate but aren’t ready to make a transfer - fix it up to 3 years in advance. The great thing about this is that you'll know exactly how much you'll get when you're ready to transfer.
You might need to pay an initial deposit, then the balance will be due at the end of the contract. If the rates move against you, you may need to top up the deposit. Your dealer will explain and discuss this with you before you book your forward.Find out more
Currency options - risk management
Hedging with currency options allows you to protect your bottom line against fluctuations in exchange rates. Even better, you can also benefit if rates start to move in your favour.
There are two basic kinds – one where you pay a premium, or fee and one where you don't.
Pay a premium up front and you can fix an exchange rate for a point in the future. You'll benefit up to 100% if the rates move in your favour. The higher the premium, the more flexibility and freedom you'll have.
If you choose not to pay a premium, the cost will be built into your exchange rate. The rate would then be lower than if you'd have paid a premium. Still, you'll be able to benefit 100% if the rates move in your favour.Find out more
If you know the rate you want or know the rate you definitely don't want but don't have time to keep tabs on what's going on, just tell us. If the rate gets to where you want it - we'll take action and book it for you. And if it gets to where you don't want it - we'll do the same again. We'll strike while the iron's hot to make sure that you get the best deal possible or protect yourself if the markets move against you.
That way you can sleep easy. So whether it's all going up, down, left or right we'll have you covered.Find out more
Easy bulk payments
Sounds like an oxymoron, right? But if you have loads of international payments to make, we can help. There are 3 options. The first is that you can keep making them manually. Or you can choose to bulk upload the details to our online platform and make the payments. Easy. Or we can work with you to come up with a fully automated solution so everything happens all in one place. Even better.