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Answer a few questions for us to understand your business' needs
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We will advise which options could be suitable for your business
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We'll present any offers available for your business. You choose the one that best suits your business.
A Spot Foreign Exchange (FX) transaction is the purchase or sale of one currency for another, settled “on the spot.” In practice, settlement usually takes place within two business days. Businesses use spot FX to convert currencies quickly for international trade, supplier payments, or overseas investments.
These include direct currency pair transactions, cross-currency trades, and same-day settlement deals (often called “cash” or “tom” trades). Spot FX is the simplest form of currency trading, with no derivatives or contracts attached.
Cash flow gaps, purchasing stock, funding expansion, managing seasonal fluctuations, supporting international trade, or other.
Each type of business funding works differently and comes with its benefits.
Provide details about your business.
We’ll present you with a broker to get the best available options for your business.
You can then decide which offer works best for your business.
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It provides immediate access to foreign currency at prevailing market rates. Spot FX is transparent, straightforward, and ideal for businesses needing fast conversion for urgent payments. It also allows companies to take advantage of favourable short-term exchange rate movements.
Spot FX is widely used by importers paying suppliers abroad, exporters converting customer payments, and companies with overseas staff or offices that require payroll in local currency.
Exchange rates are subject to volatility, and timing can significantly impact the cost. Unlike hedging tools, spot FX offers no protection against future rate changes, making it best suited for immediate needs.
Normally within two working days.
Yes, if market rates are favourable at the time of trade.
No, but minimums vary by provider.
Usually a margin is applied to the exchange rate.
It can be, but forward contracts may be more cost-effective for recurring needs.
