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Conversion Options

Spot Contract
Spot Contract
Our fastest conversion for when you need a quick transfer. Turnaround time for this is usually between 5 mins - 2 hrs. You can either login online, where you will see the price and have 20 seconds to confirm the quote. Or call your account manager, who will confirm the price with you before locking in your rate.
Flexi Spot
Flexi-Spot
If you see the rate you want, but can't pay within the usual 2 days . Then this flexible option allows you up to 5 days to settle the conversion. There is no deposit required for this type of conversion.
Forward Contract
Forward Contract
An important tool for any company with FX exposure. A forward contract fixes the rate for a date in the future, minimising your FX risk. A deposit is usually required with the balance to pay at the end of the contract. If the rates move against you, you may need to top up the deposit you have with us. It is important to note that unlike many of our competitors, we offer full flexibility on our forward contracts. This means, if you want to complete earlier or later than anticipated, you can, but there will be an adjustment in the exchange rate. Your account manager will explain this and discuss the different forward options before booking anything in.
Market Order
Market Order
If you’re looking to achieve a specific rate, we can arrange a Market Order. We monitor the markets on your behalf and should the market reach your predetermined exchange rate, your currency is bought or sold automatically. Your order can be amended or cancelled at any time prior to the transaction taking place and there is no charge or fee involved in arranging a Market Order.