Foreign Exchange Dealing

We have many different ways of managing your currency needs. We make it easy for you to transact too.  You can call us and transact over the phone – you’ll have a direct line to your designated dealer, who will always answer within three rings (we don’t do automated calling systems).

Or you can use our online platform, which lets you book rates, choose beneficiaries and view your past payments – 24/7.

Transacting:

These are our main ways of transferring currency – but they’re not the only ones. If you can’t see what you need here, please give us a call.

• Spot contract -  The spot rate is the exchange rate on the day. If all you want to do is make a single payment or payments, a spot contract could be the way to go.

• Forward contract - If you want to fix the rate you’ll exchange at, a forward contract is one of the ways to do it. It lets you exchange at a fixed rate on a date in the future – up to two years in advance.

• Flexible forward contracts - All the benefits of a forward contract – but you can transact on or before the day you have set.

• Currency Options - Like a forward contract, currency options let you fix a rate for a date in the future. In addition, it lets you benefit If the exchange rate moves in your favour.

Other services:

• Take profit order - Set a best case rate. If currency rates move in your favour and your target rate is achieved, we’ll automatically strike while the iron is hot and buy or sell your currency.

• Stop loss order - Agree the ‘worst case’ rate you’re prepared to accept, and if the market moves against you, we’ll automatically buy or sell your currency so you’re protected.

• One cancels other (OCO) - Is a combination of a take profit order and a stop loss order. If one is executed the other is automatically cancelled. This will help you achieve a favourable target rate whilst also protecting you against adverse market moves allowing you to set a ‘worst case’ rate.

Giving you the edge:

Our market watch service is designed to give you the edge too. Sign up, and we’ll be your eyes and ears on the foreign exchange markets – tell us the rates you’re aiming for, and we’ll contact you the minute they hit.

As a valued client, our analysis and insight is available to you too. We publish daily blogs and video updates, we tweet, and we can tailor advice for you. You won’t find better, more concise, more relevant information anywhere else in the industry. We’ll keep you on the inside track.

The process:

We’re fantastically easy to deal with, and our process is completely straightforward.

Call us on 1 800 701 540 or +61  2 8298 4999 to see how we can help you.  Alternatively arrange for us to call you back.