FOREIGN CURRENCY EXCHANGE - CORPORATE CLIENTS
Please find below a list of Foreign Exchange Brokers for Corporate clients (companies). They are specialists in the business foreign exchange market and will provide the very best currency exchange rates for companies– whether exporting foreign currency, paying for overseas goods and suppliers or making overseas investments. When you are making international payments you can benefit from their expertise in seeking the best possible rate, whether you are sending or receiving foreign currency. If you handle high volumes of deals or payments, a currency exchange broker can save you time and money while offering a professional and approachable service.
The foreign exchange rates offered by foreign exchange brokers are far superior to those of traditional banks and the companies listed buy and sell currency at an average 1% margin from the interbank spot rate, whereas traditional banks charge a margin as high as 5% plus fees. Foreign Exchange Brokers can offer corporate clients exceptional foreign currency rates that banks rarely beat often because they have considerably smaller margins. You can use the table to compare Foreign Exchange Brokers, what margins (spreads) are offered, which currencies are serviced and what money transfer options are available (online trading, hedging service, forward contracts).
Whatever the size of your business foreign exchange brokers can maximise the value of your overseas money transfer. You will be assigned a personal account manager who will take the time to understand your requirements. They will be able to offer you their expertise of the currency markets as well as support whenever you need it. They will find the best way to cover your risk and keep more of your money for you which is the primary aim when it comes to currency exchange. As just a small movement in exchange rates can have massive repercussions for your company, foreign exchange brokers offer a variety of options to protect your money. 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.
With the services listed below they will be able to offer you their expertise of the currency market and offer you advice whenever you need it. Foreign Exchange Brokers offer a fully automated service that is easy to use and convenient. It is important that you take the time to find the foreign exchange broker that best suits you and your exchange needs. There are many foreign exchange brokers that work with corporate clients so researching the market is necessary. Use the table below to find the foreign exchange broker that best suits you and your business.
When company was established
Company credit rating
The spread is what forex brokers use to make money on every forex trade placed through their network
An agreement between two parties to buy one currency against selling another currency at an agreed price for settlement on the spot date
To exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date
The right to exchange money denominated in one currency into another currency at a pre-agreed exchange rate on a specified date
Currency hedging mitigates the risk of loss through currency movements using a specific investment structure
Which banks used for trust accounts
Types of transfer available
|AA||0.1-0.7% depending on annual volume||76||One off payment or regular payments|
|Moneycorp is a foreign exchange and international payments specialist offering a quick, secure and cost-effective service. If you need to send money as a one-off payment for any reason – such as buying a property abroad, moving abroad, moving back to the UK or planning an overseas wedding – Moneycorp can help. They will monitor the currency markets on your behalf – achieving the best possible rates of foreign exchange, no matter how complex your requirements. Moneycorp offer better rates of exchange than a bank typically up to 3-4% and they offer free information and guidance on the markets, helping you decide on the best time to buy your foreign currency. DETAIL INFORMATION >>||Online Trading|
|Rating 1||0.7%||33||UK Bank to Foreign Bank or vice versa|
|Currencies Direct is one of Europe’s largest independent foreign exchange specialists, and was one of the first to recognise the need in the market for an expert secondary foreign exchange provider to traditional bank. When you are making international payments for businesses you can benefit from their expertise in seeking the best possible rate, whether you are sending or receiving foreign currency. Currencies Direct can help to protect you from exchange rate fluctuations and save you time and money on international payments. If you have any questions or queries regarding Currencies Direct fill out the enquiry form and a broker will get back to you to explain their processes in detail. DETAIL INFORMATION >>|
|2A1 D&B Rating||0.1% - 0.7% depending on annual volume.||47||UK bank to foreign bank or vice versa|
|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 & New Zealand, 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. While World First is a large, safe organisation, they still offer the highest level of personal service. DETAIL INFORMATION >>||Online Trading|
Compare Corporate Foreign Exchange Brokers
Foreign Exchange Brokers specialise in providing corporate clients with a tailor made service and the most competitive exchange rates available.
Foreign Exchange services for your business
For many businesses foreign exchange is a crucial aspect of what they do. Foreign exchange brokers are experts in the FX market and as their business is dealing with foreign exchange they can offer your company their expertise and specialist knowledge. 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. Whether you need to make a one-off payment immediately or require regular transfers to a bank abroad, they have the service available to meet your needs.
Receive a tailor made service designed to suit your business’s needs
Corporate clients will be offered an unparalleled level of customer service and the best solution tailored to your specific currency exchange needs. You will be assigned a dedicated broker who will understand your specific needs and offer a personalised service to suit. You can contact them for support and advice whenever you need. They take the hassle out of money transfers.
Get the most competitive exchange rates
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 so you can get the most out of your money. Foreign exchange brokers can offer you bank beating exchange rate 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. As experts in foreign exchange and international money transfers, brokers can save you money.
How can Foreign Exchange Brokers add value to your business?
Foreign Exchange Brokers will monitor the currency markets on your behalf and let you know if movements will affect your business. They can also warn you of events which might cause volatility in exchange rates relevant to your business. With a foreign exchange broker you are not restricted to only working in banking hours and can utilise their online services which you can access 24/7.
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, services and products available to you that can protect your business against currency fluctuations. 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
When deciding on which service to choose bear in mind that the right service will depend on you and your business. You need to look at what services and options each one can offer and see if they can work for you and your corporate requirements. Remember to look out for any fees involved and check what hedging options are available. You can contact these services to discuss any queries you may have for free so why not make an enquiry today and find out how a foreign exchange broker can save you time and money?
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