Foreign Exchange

We offer a comprehensive suite of foreign exchange (FX) solutions which can be customized to support various operational scenarios, from simple currency conversions to advanced treasury management.

Through our extensive global network, we provide access to multiple currencies with competitive exchange rates and instant local payment schemes for quick settlement where eligible. Our solutions feature pre-agreed margins for transparent customer transactions and can be accessed through various channels, including a simple REST API for automated operations.

These solutions can be accessed in the following ways:

Embedded FX via Multicurrency Payments

Foreign exchange transaction that is part of a payment between two different currencies. The FX conversion happens automatically as part of the payment flow. This supports both market order trading and Request For Quote (RFQ) workflows, for both incoming and outgoing payments.

Fully Automated FX Risk Management via the BC Connect FX API

FX trades executed via the BC Connect FX API, enabling your business to programmatically execute foreign exchange conversions between your currency accounts with us. This supports market order trading, Request For Quote (RFQ) and held rate workflows.

Active Risk and Liquidity Management via BC Connect Client Portal

For manual trading scenarios, access our FX services through BC Connect (BCC). This option supports market order trading, Request For Quote (RFQ) and held rate workflows.

FX Types and Services

Embedded FX

Simple and convenient currency conversion as part of payment transactions. This eliminates the need for separate currency exchange operations and streamlines international payment processing. The FX rate is automatically embedded within the payment transaction, making it ideal for straightforward cross-border payments.

Instant Trade

Convert currencies instantly between internal accounts without requiring a payment transaction. This solution helps eliminate rate volatility risk and is perfect for quick currency conversions. Trades are executed in seconds, providing immediate access to converted funds in your accounts.

Request For Quote (RFQ)

RFQ provides visibility of exchange rates for 30 seconds before execution, with rates available in one-sided or two-sided quotes. This allows you to view and evaluate rates before committing to a trade, enabling more strategic currency conversion decisions.

Held Rates

This service allows you to lock in an agreed exchange rate for up to 24 hours. The same rate can be used throughout this period, helping you avoid potential currency fluctuations and providing certainty for planned currency conversions.