FC Exchange

FC Exchange has transacted over £1.5 billion with both private and corporate clients and estimates to have saved their clients over £21m in the past six years. It offers a bespoke range of foreign currency exchange options that can be tailored to suit your particular needs and requirements.

Whether you’re buying property overseas, emigrating, transferring funds or paying for imported goods, FC Exchange offers a service for fast and secure transfers that can save you money, whilst aiming to keep the entire process as quick and simple as possible.

FC Exchange’s team of foreign exchange brokers are dedicated to understanding your unique currency requirements and providing you with guidance in selecting the currency exchange tools to best suit your needs.

Spot contracts are ideal for deposit payments as agents and developers usually require funds quickly to secure the purchase of the property. With a quick and simple transaction through, you can save valuable time and money.

Completion or stage payments of your property, usually only due months later, exposes you to the risk of your property costing more than originally anticipated because of adverse exchange rate movements. By using a Forward Contract, you can secure a rate now for up to 24 months, thereby fixing your property’s price and protecting yourself from unbudgeted currency exchange costs.

Who is FC Exchange?

Based in the City of London, FC Exchange is the trading name of Foreign Currency Exchange Ltd, a commercial foreign exchange broker assisting thousands of clients around the world every day. FC Exchange offers a range of product solutions to both businesses and private individuals seeking fast and secure fund transfers abroad, whilst saving money.

How do you save money?

You can save money by getting a better exchange rate than your bank can offer. FC Exchange buys currency at wholesale rates, directly from the market at previously unavailable investment banking level prices, which allows them to pass the savings on to you.  FC Exchange also provides you with the latest market news and developments keeping you more informed in your purchasing decisions.

How does it work?

It is as simple as registering online with FC Exchange, agreeing on exchange rate with your broker and sending the funds to them from where they will transfer your foreign currency to its final destination.

Why not just use the bank?

Whilst there may be comfort in using a bank with a high street name, they tend to be expensive and their size can make them unresponsive to your individual requirements. FC Exchange offers a specialised foreign exchange service that is not only more flexible, but offers a personal touch. Further, unlike your generic high street bank where you never seem to converse with the same person twice, FC Exchange allocates a dedicated broker to you, along with keeping you up to date with any relevant market developments.

Is my money safe?

Yes.  FC Exchange is an FSA authorised payments institution (number 511266), operating under the Payment Services Regulations 2009 for the provisions of payment services.  Further, FC Exchange has an excellent, A2, Dun and Bradstreet rating and holds substantial collateral with its trading partners as security for all transactions.

Quick link to FC Exchange on FSA website: https://www.fsa.gov.uk/register/psdFirmRefSearch.do

Is there a minimum amount I can buy?

Transacting in orders from £3000 or the foreign currency equivalent, FC Exchange has the facility to accommodate smaller amounts for regular transfers.

Does the service cost?

With FC Exchange transactions over £10,000 or currency equivalent, are commission and charge free.  For transfers less than £10,000 a flat transfer fee of £10 is charged.