How it works for private individuals

We’re here to help, whether you’re new to foreign exchange and just want to learn how to manage your foreign exchange needs more effectively, or you’re looking to plan a more complex foreign exchange strategy.

  1. Register – it’s free to register and there’s no obligation on your part

In order to comply with anti-money laundering regulations, you need to register for a trading Account. It’s quick and easy to do, and you’re under no obligation to trade.

  1. Talk - your Account Executive will help answer any questions

All Private Clients have their very own Account Executive who will be happy to discuss your individual requirements and timescales. They will clearly explain how everything works and provide insights into the various trading options available to you.

  1. Trading – getting the best rate for you

When ready to trade, you can speak directly to your Account Executive and book over the phone or you can use our online global payment solution, AFEXDirect. As soon as your trade is booked, you’ll receive a confirmation email, detailing the exchange rate, currency amount and transfer dates.

  1. Money – sending your money from your bank to ours

You’ll need to ensure that your funds arrive in our account on or before the date on which your funds are due to be sent out. We will provide you with all the details of our account.

  1. Beneficiary – tell us where you want us to send your funds

We’ll need your beneficiary bank account details so that we can send your funds out. We will advise you on exactly what details we need to ensure smooth transfers to the destination account.

  1. Transfer – funds transfer, completing the process

Once we have received your money, we’ll send your funds out on the agreed date. You will receive confirmation that your funds have been sent, finalizing the trade.

Prefer to talk?

If you would prefer to talk through your global payments requirements with a seasoned member of our team, please get in touch.

Where next?