Foreign Exchange

Foreign Exchange products designed to help you manage risks and opportunities when trading with overseas customers and suppliers.

Talk to one of our specialists

To discuss how we can help you manage your Foreign Exchange risks, please talk to one of our Financial Risk Managers.

0345 8774 451

We’re available from 8am to 6pm Monday to Friday, except Public Holidays.

Request a call back

Key features and benefits

  • Manage your exposure to fast-changing currency markets
  • Negotiate invoice or contract terms with your suppliers with confidence
  • Compete with overseas suppliers on cost
  • Manage your currency cash flow
  • Fix your costs in advance
  • Exchange currencies online or by phone with our Financial Risk Managers

Products and services

FX Spot

Make international payments and exchange one currency for another at the current exchange rate.

Forward exchange contract and time options

Forward contracts allow you to buy and sell currencies in advance, at fixed exchange rates, so you can secure the value of future transactions. FX Time options are just like Forward contracts but rather than settling on one specific date in the future, to give flexibility, you can specify a start date and an end date for the contract and you can draw down against that contract anytime within the two dates.

FX options

Premium and non-premium payable contracts which offer partial or full-participation in favourable market moves.

Limit options

Place an order to exchange your money if an agreed target rate is struck.

Our Technical Solutions

Arena

Our online foreign exchange and money market platform puts you in control of your finances as well as offering insight, analysis and reporting to inform your immediate and strategic objectives

  • Quickly and confidently transact Foreign Exchange on our self-serve platform
  • A news feed tailored to you, containing charts and economic commentary
  • Control your trades and get visibility of cash positions with a range of dynamic pre and post trade tools
Find out more

Commercial Banking Online

Our secure online banking platform with multi-layered fraud detection and prevention technology

  • Flexible payment functionality that supports a number of platforms. Users have the ability to make payments 24/7
  • Comprehensive real time reporting with access to 5 years of transaction history
  • Intuitive system administration that is highly customisable and allows online self-serve
Find out more

Is my business eligible?

To be eligible for this product you must:

  • Have a projected annual foreign exchange turnover over £750,000

What we’d need to know

  • Your annual turnover
  • Your annual foreign exchange transactions value
  • Details of any previous foreign exchange transactions

Talk to one of our specialists

To discuss how we can help you manage your Foreign Exchange risks, please talk to one of our Financial Risk Managers

0345 8774 451

We’re available from 8am to 6pm Monday to Friday, except Public Holidays.