Overview FX Global Intermediary Services HSBC

06 Feb Overview FX Global Intermediary Services HSBC

Our FX forward contracts offer an effective solution for mitigating currency risk. Providing both certainty and flexibility for currency requirements, forward contracts can be used to help protect profit margins, cash flow and your bottom line from currency fluctuations. By fixing a price against a budgeted rate, you can help lower business costs on imports and exports, and secure a specified exchange rate for future payments in a foreign currency.

FxPro does not offer Contracts for Difference to residents of certain jurisdictions including the USA, Iran and Canada. FxPro Global Markets Ltd is authorised forex solutions and regulated by the SCB (license no. SIA-F184). None of the information contained in this website constitutes, nor should be construed as financial advice.

Invest from 1 Euro, Trade from 100 Euro

Our clients have the option of trading 34 currencies via our online platform, in addition to 120 different currencies that can be traded in over the phone. You can send payments and manage your moneycorp account securely while on the go. Your FX Counsellor is available https://xcritical.com/ to provide Citi’s view and FX market updates, especially if you are looking to manage currency risk or convert a large amount over 250,000 USD . Accounts are available in 10 major global currencies, log into Citibank Online to request a currency account.

Kantox – A company that provides you with the system that presents all your currency exposure, supporting you in your international payment decision making process and hedging your position. We are living in the reality of services connected to payments, but there are few solutions which help you manage exposure. The system tries to support you in the decision-making process. If the Customer receives a payment, or asks Barclays to make a payment, in a different currency from that of the account, Barclays will determine the foreign exchange rate to apply based on a Reference Exchange Rate.

Trade with the world’s #1 FX broker!3

This would ideally define the risk profiles and propose the hedging scenarios for each customer, enabling them to manage their payments and investments more wisely. To illustrate the above point, let’s take the example of an SME clothing retailer operating in seven countries . They are faced with long lead times and high commissions because they need to pay a bank to convert the majority of incoming and outgoing transactions. In addition, each currency is held in a separate account which means that it’s impossible to view cashflow in real time.

Therefore, we offer a wide selection of trusted, award-winning platforms and account types to choose from. As soon as you open your account with Currency Solutions, you’ll be assigned your own personal Account Manager; they eat, sleep and breathe currency. They’ll give you guidance on the right time to make your transfer, meaning more money in your pocket. Your dedicated currency consultant will help optimise timings for each transfer. FCA Authorised – with segregated accounts keeping client money separate and protected. Its important to us that you understand exactly what happens to your money when you use our services, so we’ve provided the below list of frequently asked questions to help you stay informed.

FX risk management

Stripe and Airwallex – We thought that web-based payments infrastructure providers are the way forward when it comes to banking platforms for SMEs. But we also felt that customers, while they use these services, often want advice from a real person when they have a specific question or problem. That’s why there’s a future in connecting such services with establishments that have a brick and mortar physical store.