While the Australian and New Zealand dollars both faced some pressure due to the meltdown in the Turkish lira last week, a correction in NZD helped the ‘Kiwi’ come out on top.
Flexible products to suit you
We offer a range of simple, flexible currency products and tailor them to suit every currency requirement.
Use a spot contract when you need to make an immediate transfer. Simply agree the exchange rate, send us the funds to transfer, and we’ll send your currency straight away.
Use a forward contract to fix the current rate for up to a year – you just need to provide a small deposit. Forwards are perfect if you have a payment to make for goods or services in the future and you want to protect yourself against market volatility.
If you have an exchange rate in mind and don’t need to move money immediately, a limit order can be really useful. Tell us your target exchange rate and we’ll make the transfer immediately if the rate is hit. This can be particularly useful in times of uncertainty.