Corporate Clients - Foreign Exchange Brokers

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Below you can browse foreign exchange specialists for corporate clients. Foreign exchange brokers are well suited for businesses where foreign exchange is a crucial part of what they do because of the services they can offer. Whatever your corporate needs, if your company needs to make international transfers of any kind, the expertise of a foreign exchange broker ensures clients get the best exchange rates available. The companies listed will set up transfers that are specifically designed to suit the individual requirements of your business and provide you with a range of excellent products and services that can protect you against the volatility of the exchange market.

The companies listed below can add value to your business by offering rates that are better than your bank which can save you money and protect you against currency fluctuations. Also almost all operate outside of banking hours to provide a fast and convenient service that you can access at any time. With most brokers you will be given an online account to which you can access whenever you want to view or schedule transactions. You will also be assigned a dedicated broker who will understand your specific needs and offer a personalised service to suit your requirements. If you are worried about the effect of the volatility of the exchange market on your business, foreign exchange brokers offer a variety of services and products that can protect you. They will find the best way to cover your risk and keep more of your money for you. One of the best ways to ensure you are protected from fluctuating exchange rates is to hedge your risk and there are a variety of hedging strategies available to you. Make sure you choose the service that best suits the nature of your business.

You need to get the right deal on your business foreign exchange. The best way to get the most for your money is by comparing all the latest offers. By comparing some of the leading currency specialists you can see how much your business could save. Use the table to compare the features and benefits of some of the most experienced and professional exchange brokers in South Africa. Look at all the main features of each service and keep checking the exchange rates because these will change daily.

Please note that while many of these services are free to use if you are transferring under a certain amount they may charge you a small fee. With this in mind foreign exchange brokers are best used for larger transfers and transactions. For smaller transfers you should use a Money Transfer Service which you can find more information about in our Money Transfer section.

If you wish to speak to someone: Contact Us

COMPANYEST

EST

When company was established

CREDIT RATING

CREDIT RATING

Company credit rating

SPREAD

SPREAD

The spread is what forex brokers use to make money on every forex trade placed through their network

SPOT

SPOT

An agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date

FORWARD

FORWARD

To exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date

OPTIONS

OPTIONS

The right to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date

HEDGING

HEDGING

Currency hedging mitigates the risk of loss through currency movements using a specific investment structure

CCY

CCY

Currencies available

BANKS

BANKS

Which banks used for trust accounts

TRANSFER METHODS

TRANSFER METHODS

Types of transfer available

MORE INFO

Currencies Direct Corporate Services
Currencies Direct Corporate Services

1996
FSB 43493
D&B Level 1 rating0.1%-1%Yes

Spot Transactions

N/A

Yes

Forwards

Forward contracts are utilised by both private and corporate clients to effectively budget for their international payments. A forward contract enables the client to buy currency now at an agreed rate that can be drawn down at any point within the following 24 months. This is a perfect way for an overseas property buyer or private/corporate client who has a series of payments to make to budget for their purchase.

Yes

Options

N/A

Yes

Hedging Services

N/A

32

Currencies

1. United Arab Emirates, Dirhams AED AED
2. Australia, Dollars AUD AUD
3. Bulgarian Lev BGL BGL
4. Canada, Dollars CAD CAD
5. Switzerland, Francs CHF CHF
6. Czech Republic, Koruny CZK CZK
7. Denmark, Kroner DKK DKK
8. Euro Member Countries, Euro EUR EUR
9. United Kingdom, Pounds GBP GBP
10. Hong Kong, Dollars HKD HKD
11. Hungary, Forint HUF HUF
12. Indonesian rupiah IDR IDR
13. Israel, New Shekels ILS ILS
14. India, Rupees INR INR
15. Japan, Yen JPY JPY
16. Kuwaiti dinar KWD KWD
17. Morocco, Dirhams MAD MAD
18. Mauritius, Rupees MUR MUR
19. Norway, Krone NOK NOK
20. New Zealand, Dollars NZD NZD
21. Oman, Rials OMR OMR
22. Pakistan, Rupees PLZ PLZ
23. Qatar, Rials QAR QAR
24. Romanian lei RON RON
25. Saudi Arabia, Riyals SAR SAR
26. Sweden, Kronor SEK SEK
27. Singapore, Dollars SGD SGD
28. Slovakia, Koruny SKK SKK
29. Thailand, Baht THB THB
30. Tunisia, Dinars TND TND
31. United States of America, Dollars USD USD
32. South Africa, Rand ZAR ZAR

Banking

Banking Facilities

HSBC, Barclays, La Caixa

South African Bank to Foreign Bank or vice versaCurrencies Direct Corporate Services
Currencies Direct was the original pioneer of the non-bank foreign exchange market and is now firmly established as one of the UK's leading foreign exchange providers. With over 80,000 registered corporate clients we are trusted to send $bn's overseas each year. Core to our business is the ability to offer private and corporate client's exceptional foreign currency rates. Fill out the enquiry form and a foreign exchange broker will contact you shortly. DETAIL INFORMATION >>Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.


Advantages

Advantages

1. Free to open an account which can be ready to trade within hours
2. Guarantee the rate you receive is within 0.2%-1% of the live interbank spot rate.
3. Can generate a cost saving of between 0.5% to 4% when compared to a high street bank. This is equivalent to a maximum saving of R25,000 on a R634,000 transaction.
4. Currencies Direct charges no commission and no transaction costs
5. We can reduce your currency risk by offering forward contracts to help set the rate for your future transaction
6. We will keep you informed at all stages of the payment process and provide a more efficient service than your bank
7. All client funds are secure as they are held in segregated client accounts by our banking partner HSBC
8. Currencies Direct is a UK registered Ltd company (Reg No.: 3041197) and operates under the regulation of HM Customs & Excise, adhering to their Anti-Money Laundering Regulations (MLR No.: 12132225)


Disadvantages

Disadvantages

1. You will undergo an ID check as part of the account opening process which will require additional identification documents to be submitted.

Financial Advisory

Financial Advisory

N/A


Online Trading

Online Trading

N/A


Speculative Trading

Speculative Trading

N/A

Sable FX Corporate Services
Sable FX Corporate Services

1994
FSB -41900
100/1000.2% – 1%Yes

Spot Transactions

There are no fees for transacting with Sable FX; all standard transfers are free (however there is a “speed” service option, charged at extra cost). Sable FX generates revenue through the spread on exchange rates; which will always beat the banks and competitors. Additionally, Sable FX will attempt to absorb all the bank costs which a currency exchange and international remittance may pick up along the way. This makes the process simpler, cheaper and cleaner for the client.

NoNoNo22

Currencies

1. GBP
2. USD
3. EUR
4. NZD
5. AUD
6. ZAR
7. AED
8. CAD
9. CHF
10. CNH
11. CZK
12. GHS
13. HKD
14. INR
15. JPY
16. KES
17. PLN
18. SEK
19. SGD
20. XAF
21. XO
22. ZMK
and more upon request/demand.

Banking

Banking Facilities

1. Investec, Sasfin Bank

Bank to BankSable FX Corporate Services
Sable FX offers a bespoke foreign exchange and remittance service for both personal and corporate clients. Transfers are available worldwide and at whole sale exchange rates. Fully compliant and regulated, Sable FX is renowned for beating the banks and saving their clients’ money. Please fill out the enquity form so that a foreign exchange broker can get back to you and explain the money transfer process in detail. Terms and conditions apply. DETAIL INFORMATION >>Services

Services

1. Spot transactions


Advantages

Advantages

1. Great exchange rates
2. No transfer fees above R25 000
3. No hidden costsand commission
4. Registration is free with no obligation to trade
5. Personal service with dedicated dealers
6. Secure online system coming soon
7. Authorised Financial Service Provider 41900 registered with the Financial Service Board


Disadvantages

Disadvantages

1. Photo ID & Proof of address required additional documents discussed on a case by case basis.

Financial Advisory

Financial Advisory

No


Online Trading

Online Trading

N/A


Speculative Trading

Speculative Trading

No

World First Corporate Services
World First Corporate Services

2004
FCA 502759
3A1 D&B Rating0.1% - 0.7%Yes

Spot Transactions

A spot transaction is the exchange of one currency for another at a specified rate for settlement in two working days. There are no associated costs with spot transactions. If you transfer funds via CHAPS you may be charged a fee, this depends on your agreement with your bank. Orders Available
1. Stop Loss Order: A stop loss order is a means of limiting your risk from adverse exchange rates. A currency level is set. If that currency level is reached, the trade is automatically executed in the market. The currency level used for a stop loss order is always worse than the current market price. This is a way to protect yourself from adverse changes in exchange rates without needing to constantly monitor the rate.
2. Take Profit Order: Like a stop loss order, a take profit order first involves setting a currency level. Once that currency level is reached, the trade is executed in the market. The currency level used for a take profit order is always better than the current market price. This is a way to capitalise on improvements in exchange rates without needing to constantly monitor the rate.
3. OCO - "One Cancels Other": A combination of a 'Stop Loss' order and a 'Take Profit' order. When one of these two orders is executed, the other order is automatically cancelled. Order: You can leave an "order" with us to transact on your behalf if a particular exchange rate is reached.
4. GTC - Good Till Cancelled: A GTC foreign exchange order will be left in the market until executed or cancelled by you.

Yes

Forwards

A forward contract enables you to exchange a specific amount of one currency for another on a future date, from 4 days to 2 years, at a predetermined rate. Depending on your agreement with World First you may need to pay a deposit, however this goes on to form part of your final settlement. This is most basic form of hedging. For more complex structures please refer to currency options from World First.
 
Orders Available:
 
1. Stop Loss Order: A stop loss order is a means of limiting your risk from adverse exchange rates. A currency level is set. If that currency level is reached, the trade is automatically executed in the market. The currency level used for a stop loss order is always worse than the current market price. This is a way to protect yourself from adverse changes in exchange rates without needing to constantly monitor the rate.
2. Take Profit Order: Like a stop loss order, a take profit order first involves setting a currency level. Once that currency level is reached, the trade is executed in the market. The currency level used for a take profit order is always better than the current market price. This is a way to capitalise on improvements in exchange rates without needing to constantly monitor the rate.
3. OCO - "One Cancels Other": A combination of a 'Stop Loss' order and a 'Take Profit' order. When one of these two orders is executed, the other order is automatically cancelled.
4. Order: You can leave an "order" with us to transact on your behalf if a particular exchange rate is reached. GTC - Good Till Cancelled: A GTC foreign exchange order will be left in the market until executed or cancelled by you.

Yes

Options

A vanilla option provides the right but not the obligation to buy a currency on a pre-determined forward date at a guaranteed worst case rate. It also allows you to benefit from any favourable exchange rate move for 100% of the amount (in return for an upfront premium).
 
Orders Available:
 
1. Stop Loss Order: A stop loss order is a means of limiting your risk from adverse exchange rates. A currency level is set. If that currency level is reached, the trade is automatically executed in the market. The currency level used for a stop loss order is always worse than the current market price. This is a way to protect yourself from adverse changes in exchange rates without needing to constantly monitor the rate.
2. Take Profit Order: Like a stop loss order, a take profit order first involves setting a currency level. Once that currency level is reached, the trade is executed in the market. The currency level used for a take profit order is always better than the current market price. This is a way to capitalise on improvements in exchange rates without needing to constantly monitor the rate.
3. OCO - "One Cancels Other": A combination of a 'Stop Loss' order and a 'Take Profit' order. When one of these two orders is executed, the other order is automatically cancelled.
4. Order: You can leave an "order" with us to transact on your behalf if a particular exchange rate is reached.
5. GTC - Good Till Cancelled: A GTC foreign exchange order will be left in the market until executed or cancelled by you.

Yes

Hedging Services

World First Markets Ltd offers a range of hedging strategies (currency options) to enable you to manage exchange rate fluctuations. These strategies are tailored to fit your exposure, currency forecast and risk level. They usually enable you to protect yourself from adverse rate movements but benefit from favourable exchange rate moves.
 
The three most widely used strategies are:
 
1. A vanilla option provides the right but not the obligation to buy a currency on a pre-determined forward date at a guaranteed worst case rate. It also allows you to benefit from any favourable exchange rate move for 100% of the amount (in return for an upfront premium).
2. Participating forward: this provides a guaranteed worst case rate for the full transaction amount, like a forward contract. However it also provides the ability to ‘participate’ for 50% of the amount in any favourable exchange rate move.
3. Risk reversal: this provides the ability to fix a worst case rate for a currency purchase, like a forward contract. However you can benefit 100% in any favourable move up to a pre-determined best case exchange rate. There is a reduced premium for this option.
 
Orders Available:
 
1. Stop Loss Order: A stop loss order is a means of limiting your risk from adverse exchange rates. A currency level is set. If that currency level is reached, the trade is automatically executed in the market. The currency level used for a stop loss order is always worse than the current market price. This is a way to protect yourself from adverse changes in exchange rates without needing to constantly monitor the rate.
2. Take Profit Order: Like a stop loss order, a take profit order first involves setting a currency level. Once that currency level is reached, the trade is executed in the market. The currency level used for a take profit order is always better than the current market price. This is a way to capitalise on improvements in exchange rates without needing to constantly monitor the rate.
3. OCO - "One Cancels Other": A combination of a 'Stop Loss' order and a 'Take Profit' order. When one of these two orders is executed, the other order is automatically cancelled. Order: You can leave an "order" with us to transact on your behalf if a particular exchange rate is reached.
4. GTC - Good Till Cancelled: A GTC foreign exchange order will be left in the market until executed or cancelled by you.

52

Currencies

AED, AUD, BBD, BGN, BHD, BWP, CAD, CHF, CNH, CZK, DKK, EGP, EUR, FJD, GBP, HKD, HRK, HUF, ILS, INR, ISK, JMD, JOD, JPY, KES, KWD, LKR, LTL, MAD, MUR, MXN, NOK, NZD, OMR, PHP, PKR, PLN, QAR, RON, RUB, SAR, SEK, SGD, THB, TND, TRY, TTD, TZS, USD XCD, ZAR.

Banking

Banking Facilities

GBP accounts with: Barclays, HSBC, Citi and RBS
EUR accounts with:
Barclays Spain / France / London
Citi London
Bank of Ireland London / Belfast

South African Bank to Foreign Bank or vice versaWorld First Corporate Services
Whatever your foreign exchange needs, World First is the UK's leading foreign exchange broker, offering private individuals & companies the ability to achieve significantly better currency exchange rates with exceptional service levels. With headquarters in London and offices in Australia, Hong Kong, Singapore and The USA. World First was the first foreign exchange broker FSA authorised to offer 'currency options' (hedging strategies). World First promise the best exchange rates, and an exceptional service that is fast, easy and secure. They can offer rates that are better than the banks because they take a smaller margin. World First is a large, safe organisation that offer the highest level of personal service. DETAIL INFORMATION >>Services

Services

1. Daily market updates / market close podcasts
2. Daily market video
3. Weekly updates
4. Monthly webinars
5. Rate watch service
6. Call orders
7. Firm orders
 
Regulatory Bodies:
1. World First UK Ltd is authorised and regulated by the Financial Services Authority as a Payment Institution
2. World First Markets Ltd is authorised and regulated by the Financial Services Authority
3. World First is regulated by HM Revenue & Customs as a Money Services Business
 
Registration Numbers:
1. World First UK Ltd FSA Firm Reference Number 502759
2. World First Markets Ltd FSA Firm Reference Number 477561
3. HM Revenue & Customs Registration Number 12164508


Advantages

Advantages

1. FSA Regulated at a Payment Institution, FSA guarantee on funds
2. Transparent pricing
3. Margin 0.1%-0.7% from interbank
4. Online, telephone, email dealing available
5. Direct Swift transfers (quicker receipt of funds)
6. Vanilla and Structured Options available
7. Advisory Service
8. Fix a rate up to 3 years in the future
9. Winners of Queen’s Award for Enterprise, International Trade category 2009 and listed in the 2009 Sunday Times Virgin Fast Track 100.
10. Settle via Direct Debit, Chaps, Bacs, Cheque


Disadvantages

Disadvantages

1. Your bank may charge you to transfer your funds to us, however the saving you will receive from working with us will more than negate this.
2. Transfers less than £10,000 can cost £10 for some clients
3. We cannot accept cash payments for anti-money laundering reasons.

Financial Advisory

Financial Advisory

World First Advisory Services will make sure your foreign exchange providers are giving you the right information, charging you a fair and competitive price and enabling you to get the most out of your foreign exchange requirements. Most importantly, our experts are totally independent from any dealing desk. Their sole purpose is to give you clear and transparent information that benefits you.
World First’s Advisory Services have put together a variety of options to suit your needs. These can delivered as standalone services or grouped as a package.
Price Check – ensure the rates you are receiving for your spot, forward and options contracts are competitive and fair. This service costs £250-£500 per month.
Economic Advice – concise interpretation of the constant stream of market information and data tailored to suit your currency needs. This service costs £250-£500 per month.
Hedging Advice – unbiased, independent advice on hedging contracts taking into account factors such as your risk appetite, suitability for purpose and fit with your strategy. We will also check the level of profit made inside each deal is competitive. This service costs £500-£750 per month.
Advisory Services gives you access to one of the most experienced currency options teams in the UK. The two key features of our service are:
1. Open pricing policy – you pay for what you need
2. No minimum sign-up period


Online Trading

Online Trading

World First’s online platform Xchange allows you to manage all your foreign exchange transactions and payments. This platform makes it fast, easy and secure to manage your currency exchange requirements.
 
Xchange offers you the ability to:
 
1. View live rates.
2. Make payments to almost any country globally.
3. Access your balance instantly.
4. Track payments online.
5. Access our economic research. There are no hidden charges. You can log in from anywhere, anytime and your beneficiary details are stored making it easy for you to take control of your dealings.
 
Orders Available
 
1. Stop Loss Order: A stop loss order is a means of limiting your risk from adverse exchange rates. A currency level is set. If that currency level is reached, the trade is automatically executed in the market. The currency level used for a stop loss order is always worse than the current market price. This is a way to protect yourself from adverse changes in exchange rates without needing to constantly monitor the rate.
2. Take Profit Order: Like a stop loss order, a take profit order first involves setting a currency level. Once that currency level is reached, the trade is executed in the market. The currency level used for a take profit order is always better than the current market price. This is a way to capitalise on improvements in exchange rates without needing to constantly monitor the rate.
3. OCO - "One Cancels Other": A combination of a 'Stop Loss' order and a 'Take Profit' order. When one of these two orders is executed, the other order is automatically cancelled.
4. Order: You can leave an "order" with us to transact on your behalf if a particular exchange rate is reached.
5. GTC - Good Till Cancelled: A GTC foreign exchange order will be left in the market until executed or cancelled by you.


Speculative Trading

Speculative Trading

Yes - Please ask for details on application

AFEX Corporate Services
AFEX Corporate Services

1979
ASIC 305246, ABN 85119392586
N/A0.1%-0.7%Yes

Spot Transactions

Yes 10% deposit required

Yes

Forwards

Yes, 10% deposit required.

NoNo81

Currencies

1. AED
2. ARS
3. AUD
4. BDT
5. BGN
6. BHD
7. BOB
8. BRL
9. BWP
10. CAD
11. CHF
12. CLP
13. CNY
14. COP
15. CRC
16. CZK
17. DJF
18. DKK
19. DOP
20. DZD
21. EEK
22. EGP
23. ETB
24. EUR
25. FJD
26. GBP
27. NOK
28. GHS
29. GNF
30. GTQ
31. HKD
32. HRK
33. HTG
34. HUF
35. IDR
36. ILS
37. INR
38. JOD
39. JPY
40. KES
41. KRW
42. KWD
43. LKR
44. LTL
45. LVL
46. MAD
47. MGA
48. MUR
49. MWK
50. MXN
51. MYR
52. MZN
53. NGN
54. NOK
55. OMR
56. PEN
57. PGK
58. PHP
59. PKR
60. PLN
61. PYG
62. QAR
63. RON
64. RUB
65. SAR
66. SEK
67. SGD
68. SKK
69. THB
70. TND
71. TRY
72. TWD
73. TZS
74. UAH
75. UGX
76. USD
78. XOF
79. XPF
80. ZAR
81. ZMK

Banking

Banking Facilities

We have various banking relationships across the globe, some spanning 30 years – all of our currency accounts are held in the local countries to assist with speed of transaction and transparency.

WIRE, BPAY, ChequeAFEX Corporate Services
AFEX offers a comprehensive range of international payment and foreign exchange services, including foreign currency drafts, wire transfers, risk management tools and designated corporate account managers. AFEX can handle every aspect of a client’s foreign payment needs, from risk consultation to to transaction execution. Please fill out the enquity form so that a foreign exchange broker can get back to you and explain the money transfer process. DETAIL INFORMATION >>Services

Services

1. Spot Transactions
2. Forward Contracts
3. Speculative Trading


Advantages

Advantages

1. Online spot and forward transactions
2. Multiple levels of security
3. Payment confirmations sent to beneficiary
4. Multi-user options with separate approval levels
5. Daily market updates
6. Access to detailed transaction history
7. Competitive Exchange Rates & low transfer fees!
8. Dedicated RG146 Accredited Foreign Exchange Specialist!
9. Rapid delivery of funds with NO INTERMEDIARY FEES!
10. 24 hour trading & cash management/ treasury facilities


Disadvantages

Disadvantages

1. Certified ID required for Private Clients
2. Minimum of R64,000 on Exotic currencies
3. No Direct Debit Facility in South Africa

Financial Advisory

Financial Advisory

No


Online Trading

Online Trading

N/A


Speculative Trading

Speculative Trading

Yes
1. RISK DISCLOSURE STATEMENT SIGNED
2. DEPOSIT OF 10% (PRE-FUNDED) AND MARGIN CALL OF 5% - THIS WILL BE ENFORCED FOR BOTH SPOT AND FORWARD CONTRACTS.
3. FULL DELIVERY EACH WAY – SOME EXCEPTIONS MAY BE ALLOWED BY CREDIT MANAGER
4. MINIMUM TRADE SIZE R32,000
5. THIS IS NOT TO BE “ADVERTISED” AS A PRODUCT AND EACH CLIENT WILL HAVE TO BE SPECIFICALLY APPROVED BY THE SALES DIRECTOR BEFORE THEY ARE ALLOWED TO TRADE. CREDIT WILL ADD A NOTE IN THE BUSINESS INFO PAGE THAT THE CLIENT’S TRADES ARE SPECULATIVE IN NATURE.

Moneycorp Corporate Services
Moneycorp Corporate Services

1979
FCA 308919
AA0.25-1%Yes

Spot Transactions

A spot contract is an agreement to buy or sell currency for immediate delivery (up to five days ahead). If your business needs to make a payment straight away and wants the most competitive exchange rates available, this type of contract should be suitable.

Yes

Forwards

A forward contract allows you to lock into an exchange rate for delivery up to two years in the future. Forward contracts are ideal for companies concerned that future rate fluctuations may erode profits, or those that wish to fix a favourable rate for future currency payments.

Yes

Options

Hedging Service From Moneycorp
Foreign exchange options
A foreign exchange option provides the right – but not the obligation – to enter into a foreign exchange contract at a known exchange rate on a known future date.
In many ways, an option is like an insurance policy*, where you pay a premium to protect against a ‘worst case’ rate (the strike rate of the option) – but there is still the potential to benefit if market rates move in your favour. Options provide a guaranteed future rate of exchange. Unlike a forward contract however, your business is not obliged to deal at that rate. If the market rate is in your favour when an option matures, you can let it lapse and choose to deal in the ‘spot market’ at the more favourable rate.
Options could be suitable if you:
• need to protect yourself from adverse currency movements;
• are not in a position to place the deposit required for a forward contract; or
• want to fix a known ‘worst case rate’ with the opportunity to book a spot contract, if the market moves in your favour.
Why buy options from Moneycorp?
Options are one of the many types of contract we offer to help our clients manage their foreign exchange exposure. Options are a type of derivative and before you can deal in them, we will make an assessment as to whether they are appropriate given your circumstances. Whilst most banks will only provide these products to larger companies, Moneycorp offers options – at competitive prices – to a variety of clients, including private individuals and SMEs.
For over 30 years, Moneycorp has been delivering innovative, industry-leading financial solutions. As the marketplace becomes increasingly sophisticated, we continue to focus on developing long-term relationships with our clients and on employing the right expertise to meet and exceed their expectations.
* Foreign exchange options are not pure protection insurance policies or general insurance policies as defined by the Financial Services Authority. This financial promotion is issued by TTT Moneycorp Limited (Moneycorp). Foreign exchange options can carry a high level of risk to your capital and are not suitable for everyone. You should seek independent advice if necessary. TTT Moneycorp Limited is authorised and regulated by the Financial Services Authority for the conduct of designated investment business and for the provision of payment services. TTT Moneycorp Limited is a company registered in England under registration number 738837. Its registered office address is 2 Sloane Street, London, SW1X 9LA.

Yes

Hedging Services

Moneycorp can offer Hedging Service via its product range of Currency Options, Forwards, Spot Tansactions and Advisory Services.

76

Currencies

1. Australia AUD Australian Dollar
2. Bahamas BSD Bahamas Dollar
3. Bahrain BHD Bahrain Dinar
4. Barbados BBD Barbados Dollar
5. Belize BZD Belize Dollar
6. Bermuda BMD Bermudian Dollar
7. Botswana BWP Botswana Pula
8. Brazil BRL Brazilian Real
9. Brunei BND Brunei Dollar
10. Canada CAD Canadian Dollar
11. Cayman Islands KYD Cayman Dollar
12. Croatia HRk Croatian Kuna
13. Cyprus CYP Cyprus Pounds
14. Czech Republic CZK Czech Republic Koruna
15. Denmark DKK Danish Kroner
16. East Caribbean XCD East Caribbean Dollar
17. Estonia EEK Estonia Kroon
18. Eurozone Countries EUR Euro
19. Fiji FJD Fiji Dollar
20. Guyana GYD Guyana Dollar
21. Hone Kong HKD Hong Kong Dollar
22. Hungary HUF Hungarian Forint
23. Iceland ISK Icelandic Krona
24. Israel ILS Israeli Shekel
25. Jamaica JMD Jamaican Dollar
26. Japan JPY Japanese Yen
27. Jordan JOD Jordanian Dinar
28. Kenya KES Kenyan Shilling
29. Kuwaiti KWD Kuwaiti Dinar
30. Latvia LVL Latvian Lats
31. Lithuania LTL Lithuanian Litas
32. Maltese MTL Maltese Lira
33. Mauritius MUR Mauritius Rupee
34. Mexico MXN Mexican Peso
35. Morocco MAD Moroccan Dirham
36. Namibia NAD Namibia Dollar
37. Netherlands ANG Nethln Antil Guilders
38. New Zealand NZD New Zealand Dollar
39. Norway NNOK Norwegian Kroner
40. Oman OMR Omani Rial
41. Peru PEN Peruvian Nuevo Sol
42. Poland PLN Polish Zloty
43. Qatar QAR Qatar Riyal
44. Romania RON Romanian Lei
45. Saudi Arabia SAR Saudi Arabian Riyal
46. Singapore SGD Singapore Dollar
47. Slovakia SKK Slovakia Koruna
48. South Africa ZAR South African Rand
49. Sweden SEK Swedish Krona
50. Switzerland CHF Swiss Franc
51. Thailand THB Thai Baht
52. Trinidad TTD Trinidad & Tobago Dollar
53. Tunisia TND Tunisian Dinar
54. Turkey TRY Turkish Lira
55. United Arab Emirates AED UAE Dirham
56. United States USD Us Dollar
57. Uruguay UYP Uruguay Peso Currencies Moneycorp Only Sell
58. Algeria DZD Algerian Dinar
59. Egypt EGP Egyptian Pound
60. Ghana GHC Ghana Cedi
61. India INR Indian Rupee
62. Indonesia IDR Indonesian Rupiah
63. Kazakhstan KZT Kazakhstan Tenge
64. Malawi MWK Malawi Kwacha
65. Mazau PatacaMOP Macau Pataca
66. Nepalese NPR Nepalese Rupee
67. Nigeria NGN Nigerian Naira
68. Papua New Guinea PGK Papua New Guinea Kinar
69. Parkistan PKR Pakistani Rupee
70. Philippine Peso PHP Philippine Peso
71. Russia RUB Russian Ruble
72. Seychelles SCR Seychelles Rupee
73. Sri Lanka LKR Sri Lankan Rupee
74. Tanzania TZS Tanzanian Shilling
75. Uganda UGX Ugandan Shilling
76. Zambia ZMK Zambian Kwacha

Banking

Banking Facilities

WESTPAC, HSBC, Barclays, RBS

International TransfersMoneycorp Corporate Services
Moneycorp can save you money by offering the most competitive exchange rates available on all your international payments. Moneycorp provide foreign exchange and international payment services for both businesses and individuals.They try to make these as easy as possible every time you make a currency transfer. Moneycorp offer information on the markets, helping you decide on the best time to buy your currency. DETAIL INFORMATION >>Services

Services

1. Regular Payments.
2. Forward Contacts.
3. Spot Contracts.
4. Stop Loss Orders.
5. Limit Orders.
6. Hedging strategies.
7. Currency Options.
8. Private Foreign Exchange dealing
9. Financial Risk Management
10. Wholesale Banknotes
11. Travel Money


Advantages

Advantages

1. Their market expertise will get you the best exchange rate available, saving you money.
2. They can fix an exchange rate that will be valid up to two years, so you will know exactly how much foreign currency you will receive
3. Extended trading hours: 7:30am to 10:30pm Monday to Friday and 10:00am to 4:00pm on Saturdays.
4. You will have no commission charges or receiving bank fees to pay
5. Moneycorp has been trading currencies since 1979, has been certified to ISO 9000 Quality Assurance since 1996 and last year traded over £11 billion in currencies.
6. The security of having The Royal Bank of Scotland (RBS) as a significant shareholder in the Company.
7. Moneycorp is a member of SWIFT (Society for World-wide Interbank Financial Telecommunications), the global platform for instant wiring of domestic and international money transfers. This provides you with increased speed and efficiency as well as more control over your transfers.
8. There is no cost and no obligation in opening a Trading Facility.
9. They offer a Regular Payment Plan (RPP) service to manage your regular overseas transfers, the minimum monthly amount that you can send is $250.
10. Moneycorp's flexibility means they can tailor their services to meet any foreign exchange requirement.


Disadvantages

Disadvantages

1. Moneycorp cannot accept cash payments for anti-money laundering reasons
2. Minimum volume is $5000 on one off transfers.

Financial Advisory

Financial Advisory

We are committed to helping our corporate clients develop robust risk management frameworks. Key features of our expert service include:
Detailed business analysis to develop a bespoke, flexible treasury strategy which is aligned with your business goals.
A personal Risk Manager who will understand your business, proactively manage your treasury risk and provide expert advice on how to implement your strategy.
Independent information on hedging structures and derivative products, allowing you to make informed decisions.
Personalised market updates containing relevant, timely reports to ensure you are informed of market developments affecting your business.
Price monitoring to ensure your providers are quoting competitive rates.
Face-to-face reviews to ensure our service continues to add value to your business.


Online Trading

Online Trading

Moneycorp Global Payments System (GPS) allows you to make payments and hold balances in multiple currencies. You can execute foreign exchange deals at highly competitive rates and manage your beneficiary details.


Speculative Trading

Speculative Trading

Not Available.

If you wish to speak to someone: Contact Us

Compare Corporate Foreign Exchange Brokers

What every your currency exchange needs, you business can benefit from working with a Foreign Exchange Broker that specialises in dealing with corporate clients.

Looking for foreign exchange services for your business?

If like many businesses you make or receive international payments foreign exchange brokers can help. If your company needs to buy or sell currency you can register with one of the services listed above. No matter what the size of your business or where you want to send money currency exchange specialists can maximise the value of your overseas money transfer.

Foreign exchange brokers can provide you with a range of products and services that suit your needs. They can also get the best exchange rates with minimal costs on any international money transfer you want to so you can get the most out of your money.

Foreign Exchange Brokers - How do they work?

With a foreign exchange broker you will work with a team of currency specialists who will personally discuss your requirements and propose solutions and services to your company. Most will provide a personal account manager who will work with you to help and assist you whenever you need. You can be sure that your transactions will run smoothly with a currency specialist.

Get Bank Beating Exchange Rates

If you go to your bank you are unlikely to get the most competitive exchange rates.

Foreign exchange brokers can offer you bank beating exchange rates because they can get significantly closer to the rate that the banks sell and buy currency to each other, otherwise known as the interbank rate. Banks have much larger overheads and can attach considerable fees onto their money transfer services whereas foreign exchange brokers can offer better exchange rates and will not apply a significant margin to the interbank rate.

With a foreign exchange broker you are also not restricted to only working in banking hours.

Protect your company against the volatility of the exchange market

Many businesses will know that a tiny move in the exchange rates can have a massive affect on your bottom line. You can protect yourself against that risk with a foreign exchange specialist. There are many currency options and products available to you. With some of their service you can fix exchange rates and protect your funds.

One of the best ways to ensure you are protected from volatility in the currency markets is to hedge your risk and there are a variety of hedging options available to you.

How to choose the right service for you

The right service will depend on you and your business and your corporate needs. Choose a service by thinking about what services suit your currency exchange requirements.

When deciding on a currency exchange service make sure you check for any additional or hidden fees. Although many foreign exchange services are free in some cases you may be charged if the amount you wish to transfer is under a certain level.

With a free and easy account opening why not sign up today?

Corporate Foreign Exchange - Latest News News and Charts

Looking For Bank Beating Exchange Rates?

6 June 2012 14:00
Florence Fullalove

Many people in South Africa would go to their banks first when looking into currency exchange but you are unlikely to get the most for your money.

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