FOREIGN EXCHANGE DEALING

We offer our clients a foreign exchange dealing service in any unrestricted, liquid and readily tradeable currency pair.

Our Treasury Advisors can provide information and background to potential currency movements, as recommended by Standard Chartered Group Research.

There are two different types of transactions.

1. Spot Foreign Exchange Transactions
Most foreign exchange deals are effected for spot value. This means that the deal is struck and the rate is fixed on the day you give us the instruction. The actual exchange of currencies takes place two working days later. These transactions should be made by telephone for immediate execution.

2. Forward Foreign Exchange Transactions
Forward foreign exchange deals are struck with the rate fixed for a forward value date, with settlement of the deal effected on that value date. This may enable you to take advantage of a beneficial movement in exchange rates as you are able to close out this deal at any time up to two working days before the value date.

The forward foreign exchange rate will not be the same as the spot rate. The main influence on forward exchange rates is the interest rates of the two currencies involved. The further in the future the deal is struck, the greater the possible differential in the foreign exchange rate.

Orders
We are able to place orders for amounts over US$250,000, which will be monitored on a 24 hour basis. An agreed margin will be paid for this service.

Further details
For more information, you can phone us using the following contact information. Alternatively please e-mail your enquiry using our e-mail form.