The continued strong outlook for US monetary policy weighed on AUD and NZD last week, also the Reserve Bank of Australia (RBA) and New Zealand’s political situation both had roles to play in the market volatility.
Flexible products to suit you
Over the years, we’ve learnt first-hand about the different requirements our customers have.
You’ve taught us that overseas money transfers are rarely the same, and that each person is unique. That’s why we offer a range of simple – but flexible – services that often the banks don’t offer.Spot contract Forward contract Regular transfers Limit order
As one of our most popular products, spot contracts are the quick and easy way to move your money in a one-off transfer. Agree a rate, make your payment, and we’ll send your currency on the same day.*
Sometimes, the current exchange rate is too good to miss out on. So don’t!
With a forward contract, you can secure a live exchange rate along with your chosen currency amount and transfer it at a later date, by simply paying a small deposit.
With exchange rate volatility often impacting currency transfers, a forward contract protects your finances from any large market movements.
Sending money overseas on a regular basis couldn’t be easier.
Simply set up a Direct Debit, agree the currency amount and where you’d like to send it, and we’ll do the rest. No need to log into your bank each month or be reminded by a sticky note on the fridge.
Our regular transfers offer that much-needed peace of mind when transferring a pension or mortgage payment, leaving you to focus on the things that matter.
With limit orders, you’re in control. We’ll purchase currency at a chosen exchange rate, specified by you, should it be reached.**
*Based on payments made before 1.30pm on a weekday, sending pounds to euros. Payment after 1.30pm will result in a next-day transfer.
**Minimum value required