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CORPORATEFX
CorporateFX
        
The private client division of Corporate FX is your passport to the centre of the global financial markets. They are able to provide you with access to wholesale prices for your currency purchase which simply are not on the high street. They will give you all the information you require to make an informed decision, at the right time which can help you achieve significant savings.
Locations: London UK
Forward ContractsRegular Payments
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Advantages
1. Large buyer of currency for corporate clients, which enables private clients to benefit from improved rates of exchange.
2. Online registration for UK based clients.
3. Dedicated dealer that will act as your single point of contact throughout all stages of the process.
4. Market knowledge from analysts that regularly appear on CNBC, CNN & BBC 24.
5. Debit/Credit card payments available for up to £20,000.
6. All receiving bank charges are absorbed thereby ensuring the full amount of currency will arrive at the destination bank.
7. Online payment solution available.
8. There is no obligation and no cost when opening a Trading Facility.
Disadvantages
1. Amounts under £5000 will incur a transfer fee.
1. Margin applies to amounts over £5000.
2. Slightly longer registration process for non UK citizens.
Terms and Conditions
Speak to broker for details.
Additional Services
1. Spot contracts - Allows you to book currency for immediate delivery.
2. Forward contracts - Allows you to book currency for delivery at a later date, normally twelve months.
3. Limit order - Allows you to set a maximum target rate, and if this is reached then your currency will automatically be purchased or sold.
4. Stop loss order - Allows you to set a minimum target rate, and if this is reached then your currency will automatically be purchased or sold.
5. Commercial foreign exchange – Providing business’s with a tailored foreign exchange payment solution.
6. Travel money - Buy travel money online, and have it delivered to a specified address.
7. SmartFX, an on-line payment solution for companies.
8. Regular payments.
Transfer and Currency
Transfer Options:
Full international settlements
Transfer Speed:
Same day or 3 working days
Minimum Exchange: £250
Currencies Available: 27 Accounts
Trust Accounts: LLOYDS Trust Accounts
Costs, Rates and Fees
Margin: 0.9%
Margin Explained: 0.1 - 0.9% from interbank variable on volume
Fee: £0.00
Improved FX Rate with Larger Volume: Yes
Online Registration: Yes
Regulation
FCA Regulated: No
HM Revenue & Customs Regulated: Yes
        
REVIEWS
CorporateFX (Which Way To Pay - 19/3/2009)
CorporateFX is ranked 5 out of 5. Based on 1 review.

5 Star Rating

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