Make business international payments with ease

 

Understanding the currency exposure of your business is the first step towards mitigating any risk and protecting your company from movements in the FX market.

Fluctuations in exchange rates have an impact on the cost of international payments, and with different providers offering different rates of exchange, even a fraction of a percentage point can make a big difference.

£43.7bn traded in 120+ currencies in 2020

£43.7bn traded in 120+ currencies in 2020

2 banking licences

2 banking licences

1M+ payments to 192 countries in 2020

1M+ payments to 192 countries in 2020

18+ liquidity providers giving you access to competitive pricing

18+ liquidity providers giving you access to competitive pricing

With Moneycorp, you can identify the functions of your business that may leave you vulnerable to the currency market. Discover foreign exchange tools that may protect your operations and profits, including the following:

Forward Contract

Forward Contract

A forward allows you to buy currency on an agreed future date at a fixed exchange rate for future requirements. This may require a deposit and can lock in a rate for up to two years*.

Spot Contract

Spot Contract

This is an agreement between you and your FX provider to exchange money and buy foreign currency at the present exchange rate and can be used for imminent payments.

FX Orders

FX Orders

If you need a particular exchange rate but have no urgency to purchase straight away, an FX order could help you secure a better deal.

FX Options

FX Options

Designed for foreign exchange rate management, options can be created as a bespoke solution for your business and its payment needs.**

 

Moneycorp's secure online platform provides you with access to make foreign exchange and international payments from one simple login.

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*Forward Contracts may or may not require a deposit dependent upon your facility agreement.
**Our team of experienced currency risk management specialists are approved by the FCA for investment business. Following an initial assessment of your risk-appetite and investment objectives they can formulate and illustrate a bespoke solution for you to consider. Please note that Option related products are regulated investment products which can carry a higher level of risk than Forward Contracts.