We provide tailored services to help companies make international payments and manage their foreign exchange risk.
A spot contract is an agreement between you and your FX provider to exchange money and buy foreign currency at the present exchange rate and can be used for imminent payments.
Forward contracts protect your business against adverse currency movements by locking into favourable exchange rates. You pay a deposit and you can secure the current exchange rate for a payment made at any time within the next 24 months.
A forward contract is useful if you have future commitments for an overseas payment, such as a stock order from an international supplier. You can make sure that the rate doesn’t move against you.
You are not obliged to deal at your pre-specified rate and can choose to deal in the spot market, whichever is more favourable. For the extra flexibility that Options can provide there can be extra charges or premiums, depending on the contract type.
Foreign exchange options can be taken out on any major currency for a period of anywhere between one week and two years.
If you don't want to make an immediate transfer and you think the market exchange rate for your currency will improve you can easily attempt to achieve a better exchange rate with a market order.
Our online dealing and international payments platform allows you to manage multiple foreign exchange deals. You can hold balances in up to 32 currencies and easily store and update all of your payment beneficiary details.
A member of our team can call you at a convenient time to discuss your business money transfers with no obligation.
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TTT Moneycorp Ltd is authorised and regulated by the Financial Conduct Authority for the provision of payment services. Moneycorp is a trading name of TTT Moneycorp Limited.
Registered in England: No 738837 Incorporated 1962. Registered office: Floor 5 Zig Zag Building, 70 Victoria Street, London SW1E 6SQ