Foreign Exchange Dealing

Highly competitive rates. Free international payments.

Foreign exchange services with maximum ease and minimum fuss.

Whether you need cost-effective foreign exchange dealing services, or you’re looking to implement successful hedging strategies, we can help.

Your personal dealer will act as your eyes and ears in the market, providing you with all the tools and information you need to get the best exchange rates and manage your company’s foreign exchange more cost effectively.

Highly tailored to your individual requirements, simple, fast and cost-effective, our telephone based Corporate FX Dealing Service is only available for clients who trade in excess of £1million per annum.

Companies who trade below £1 million can still take advantage of our highly competitive exchange rates available via our Online International Payments service.

Features& benefits

How itworks

Currencies & products

Commonquestions

At aglance

Our aim is to become your trusted business partner by ensuring your company conducts all of its foreign exchange transactions with maximum ease and minimum fuss.

Reduce Costs & Manage Risk with HiFX Corporate FX Dealing
Reduce costs and manage risk more effectively
We help thousands of companies in over 100 different industry sectors do exactly that…
We work in partnership with you to significantly reduce your foreign exchange costs and effectively manage your risk. Foreign exchange is all we do. With lower overheads, we take advantage of lower operating costs than the banks to give you access to free international payments, better exchange rates, same day delivery of funds and a choice of transaction options.
Corporate Foreign Exchange Tailored to your Business Needs
A tailored proactive service
Highly tailored to your individual business requirements, simple, fast and cost-effective.
We spend the time and effort to understand your needs and how exchange rate fluctuations affect your business. With each of our dealers servicing fewer clients than a bank, we provide a level of proactivity and personal service that the established banks find too resource intensive. We can therefore react rapidly to changes in market conditions and are more effective at communicating relevant market moves and economic factors which could impact your business’ foreign exchange transactions.
Flexible Corporate Foreign Exchange
Flexible
Access to over 800 currency pairs and a range of transaction options
Your personal dealer will be an experienced market professional who can discuss and execute a range of alternative transaction options. In addition to spot and forward contracts, HiFX offers clients the facility to buy or sell foreign exchange at pre-determined prices. Market orders are monitored around the clock and our experts will help you establish the appropriate levels at which to place them. We act on your recorded verbal instructions, given over the phone for your security and peace of mind.
Up to the Minute Foreign Exchange Market Info
Unparalleled market intelligence
Up-to-the-minute insight keeps you fully in touch with the markets
Our team is made up of highly experienced and respected market professionals. Their understanding of the driving forces behind the currency markets means you receive the insight you need to make informed decisions and optimise your transactions and hedging strategies. Our foreign exchange experts will keep you informed of market movements enabling you to make the most of advantageous exchange rate movements and more importantly, protect your business when they’re moving against you.
Trusted Independence at HiFX
Trusted independence
We work with multi-nationals, government departments, high street brands, private equity houses, charities…
HiFX is trusted by thousands of international organisations and private individuals to complete transactions worth over £9 billion a year. We are a highly solvent, profitable and debt-free business with a conservative approach to risk.

As the UK’s leading independent currency specialists HiFX analysts are often featured in the national broadcast and print media. For the latest coverage visit our ‘Latest news' section.
SWIFT Online Payments at HiFX
Online Payments
As a member of SWIFT, we aim to surpass the payment turnaround times of your existing provider
Our secure and convenient online payments service ensures you’re able to process international payments with ease, in a controlled and cost effective manner. You can manage your account 24/7 online, wherever you are in the World. You can set up multi-beneficiary payment templates and settlement instructions. You can prepare individual or bulk payments for authorisation, approve payments and keep track of all transactions. With access to SWIFT, the largest international payments network, we’ll ensure the secure and timely delivery of all your payments and receipts around the globe and aim to surpass the turn-around times of your existing provider.
Secure Corporate Foreign Exchange Dealing
Security
We work hard to keep your money safe.
Regulatory Information
HiFX Europe Limited is authorised and regulated by the Financial Conduct Authority under the Payment Services Regulations 2009, registration number 462444, for the provision of payment services. HiFX Europe Limited is also a registered MSB with HM Revenue & Customs – registration number 12131222

Security of Funds
When buying or selling currency with us, your funds are held either in pooled client trust bank accounts or are held at one of our counterparty brokers as cash in transit or collateral to meet our obligations relating to clients’ trades. Funds can be used to fulfil the contractual obligations of our clients but will never be anywhere other than: 

    - In the segregated client accounts.
    - With our banking counterparties.
    - In transit i.e. being sent.

Online Security
HiFX Online is Norton secured. The Norton seal is the most recognised trust mark on the internet and helps companies and consumers all over the World to engage in trusted communications and commerce billions of times every day. 97 of the World's 100 largest SSL-using banks and over 93% of Fortune 500 companies use SSL Certificates sold by Norton. In addition, Norton secures more than one million Web servers worldwide, more than any other Certificate Authority.

Payments & Settlements
As one of the UK’s largest currency specialists, HiFX has access to SWIFT, the World's largest payments and settlements network for domestic and international trades. This ensures HiFX clients benefit from faster payments and enhanced security.

Sign up
Signing up is free, quick and carries no obligation to trade. Once your account has been opened you’ll get access to a personal dealer and all the tools and information you need to monitor exchange rates including weekly FX market updates.
Discuss your requirements with your personal dealer
Once your account is open you can call your personal dealer to discuss your individual requirements and get all the answers you need from an experienced market professional. They can give you guidance on the various transaction options open to you depending on your needs. They’ll also keep you informed of market movements enabling you to make the most of advantageous exchange rate movements and more importantly, protect your business when they’re moving against you.
Get a quote and instruct your dealer
Simply call your personal dealer to get a rate in seconds. You can accept the rate and instruct your dealer to proceed with the transaction over the phone. All telephone lines are recorded for your complete peace of mind.
Send us your funds
When you confirm the deal, you’ll automatically receive a summary of the transaction and instructions on how to make the payment to HiFX and tell us where you wish to send the money to. For maximum speed and security, you then transfer funds to us by wire transfer (BACS/CHAPS).
We send them on
As a member of SWIFT, the largest international payments network, we’ll ensure the secure and timely delivery of all your payments and receipts around the globe and aim to surpass the turn-around times of your existing provider. We also offer SEPA payments where appropriate.
Track payments
Track your payments online. Request email notification for extra peace of mind. You can manage your account 24/7; change your recipient library, usernames, addresses and passwords or bank details.

Euro
$ US Dollar
AU$ Australian Dollar
NZ$ New Zealand Dollar
$ Canadian Dollar
د.إ United Arab Emirates Dirham
R South African Rand
kr Danish Krone
$ Hong Kong Dollar
CHF Swiss Franc
¥ Japanese Yen
Czech Koruna
Ft Hungarian Forint
kr Norwegian Krone
Polish Zloty
$ Mexican Peso
kr Swedish Krona
฿ Thai Baht
$ Singapore Dollar
£ Sterling
.د.ب Bahraini Dinar
Israeli Shekel
TRY New Turkish Lira
د.ك Kuwaiti Dinar
د.م. Moroccan Dirham




In fact you’ll have access to over 800 currency pairs.

HiFX are one of a small group of Foreign Exchange providers that can facilitate the purchase of Chinese Yuan (also known as Renminbi (RMB)). Click here for more information.

With HiFX FX Dealing you have a range of transaction options including:

Spot Contracts
If you have access to your funds and want to convert all or part of them straight away, you can enter into a spot contract. This is essentially a ‘buy now pay now’ option.

Forward Contracts
This is effectively a ‘buy now, pay later’ scenario, allowing you to lock in a rate, even if you don’t have all your funds available. Should the exchange rate worsen you will not be affected. However, it is important to remember that if the exchange rate improves, you will not be able to alter your contract.

Market Order
If you are looking to achieve a specific rate, we can arrange a Market Order. This allows you to target a specific rate of exchange. Market orders are monitored around the clock and our experts will help you establish the appropriate levels at which to place them.

Q.
How much can we transfer using HiFX’s Foreign Exchange Dealing services?
A.
Corporate FX Dealing services are only available for businesses that transact in excess of £1million of FX per annum. There is no maximum limit, though some minimum transaction sizes may apply, depending on the type of foreign exchange transaction that you wish to undertake. Companies that trade below £1 million per annum can still take advantage of our highly competitive exchange rates available via our Corporate Online International Payments service
Q.
Our company is outside of the UK. Can we use your service?
A.

Yes, but due to the high levels of security we have in place to protect our customers, we are unable to automatically verify overseas company addresses and identities. You will therefore need to provide additional documentation as directed.Please note, we are unable to offer our money transfer services to clients located in the United States of America (USA) and Quebec (Canada). For clients located in other Canadian provinces we can provide spot transfers (but not forwards or regular payment agreements).

All clients located outside of the United States and Canada can still use the service and make international payments to / from the United States of America (USA) and Canada.

Q.
What happens when we sign up?
A.
We’ll give you a Client Number and you’ll be asked to create your own username and password. Keep this information safe – you’ll need it every time you log in to online payments.
Q.
What currencies can we send?
A.

The HiFX FX Dealing service allows you to buy and sell all the World’s major currency pairs. In fact you’ll have access to over 800 currency pairs.

Q.
What types of transactions can we undertake?
A.
Spot, Forward and Market Order transactions are all available. Please discuss your needs with your personal dealer who will explain the best option for your requirements.
Q.
How is our exchange rate calculated?
A.

This depends on a number of factors:

- The amount you’re transferring.
- The currency you’re buying.
- The exchange rates at the time of purchase.

Q.
Free international payments. Is this true?
A.

Yes. We don’t charge your company to send international money transfers. No transfer charges and no commission fees. Please note, this does not include the cost of your company transferring the funds to HiFX and any charges incurred where the funds being sent are in a different currency than the destination bank account.

Q.
How does HiFX make money?
A.
Like your high street bank we make our money in the difference between our buy and sell prices i.e. the spread. Unlike your bank, we don’t load on extra charges. We also have much lower overheads and buy huge volumes of currency each year, so we can pass these extra savings on to you.
Q.
What payment methods can we use?
A.
You pay funds to HiFX via electronic transfer (i.e. BACS and CHAPS).
Q.
Is our money safe with HiFX?
A.
HiFX Europe Limited is authorised by the Financial Conduct Authority under the Payment Services Regulations 2009, registration 462444, for the provision of payment services. HiFX Europe Limited is also a registered MSB with HM Revenue & Customs – registration number 12131222.

HiFX Online uses Norton – the system preferred by 97% of the World’s top 100 banks and 93% of Fortune 500 companies. Norton is also used billions of times a day by companies and consumers across the World.

Some additional facts and figures about HiFX include:
  • Last year HiFX advised on and executed over £9billion in foreign exchange and is trusted by over 40,000 people and 2,000 corporate clients each year around the world.
  • We have an exceptionally strong balance sheet and no debt. HiFX Europe Limited net assets at 30 June 2013 were £15.1m one of the strongest in the industry. Our accounts are available at - HiFX Accounts.
  • HiFX has offices in both the northern and southern hemispheres and a workforce of over 200 employees.
  • We have in excess of £2billion placed on the Money Markets on behalf of our commercial customers.
Q.
Are my details protected?
A.
Our online services are fully encrypted using the highest form of security certificates provided by Norton.
Q.
Do you offer transaction timing advice?
A.
Timing of transactions can be critical. Your personal dealer cannot predict exchange rate movements, but will provide vital market information to help inform your buying and selling decisions. With HiFX you’re not obliged to accept the on-the-day exchange rate, so you can make currency fluctuations work for you. Of course, with opportunities come risks and we offer a range of advice and hedging tools, including forward contracts, limit orders and stop-loss orders to protect you.
Q.
How do we keep track of payments?
A.
Our secure and convenient online payments service ensures you’re able to process international payments with ease in a controlled and cost effective manner. You can manage your account 24/7 online, wherever you are in the World. You can set up multi-beneficiary payment templates and settlement instructions. You can prepare individual or bulk payments for authorisation, approve payments and keep track of all transactions. And, of course, your personal dealer is always ready to offer support and answer queries.
Q.
What other services does HiFX offer?
A.
Our corporate foreign exchange services include online international payments, comprehensive FX risk management advice and money brokerage. We also provide a range of services for private individuals, including international money transfers, travel money and overseas property insurance.
Q.
What is HiFX’s Privacy Policy?
A.
We are committed to protecting your privacy both on and offline. View a copy of our Privacy Policy.

Nuts & Bolts
Minimum transfer size
£10,000
Maximum transfer size
No limit
Currencies available
800+ currency pairs
Access to a personal dealer
Online payments
Speed
Same day where possible
Service availability
Mon – Fri 8am-6pm
Ability to split payments
Security
Norton security
3d security
N/A
Segregated client accounts
Data protection
Authorised by the FCA
HMRC registered
Fees & Charges
Commission
FREE
Transfer charges
FREE
Transfer Options
Spot
Forward Contract
Market Orders
Stop Loss Orders
Limit Orders
Keeping You In Touch
Email notifications
24 hour online account management
24 hour online payment tracking
Access to daily rates
Access to weekly market commentary
Access to live charts & interbank rates
Access to personal currency specialist
Payment Methods
BACS
CHAPS
MyHiFX - Currency Tools Why people value HiFX?
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