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Foreign Currency Accounts
Currency Exchange Corporation is able to hold Foreign Currency Funds in major currencies on behalf of customers, until required. The account management facility enables you to eliminate any currency risks offsetting incoming foreign funds against disbursements.
For example, if your business does not hold a US dollar or Euro account but needs to receive funds from suppliers in these currencies we can enable your suppliers to credit our currency accounts on your behalf directly and in turn settle funds to you in Sterling, safely and swiftly.
Furthermore, if you hold a Foreign Currency account i.e. in Euros or US Dollars, and need those currencies changed into Sterling simply because you feel that you High Street bank does not offer you a competitive rate, then we would be able to facilitate these credits to our currency accounts and pay you out in Sterling, ensuring guaranteed savings for you.
For more information about these specialized services please contact our dealers on 020 8886 4488.