Corporate and business foreign exchange Services

Time and Money. We know how important these factors are to our business clients. That is why we have developed an exclusive and flexible Corporate Service, specifically designed to meet all your foreign exchange needs Whether you require an account for your business, individual departments or individuals, we can set up a central account for your organisation, or act as a preferred supplier to departments or individuals. The choice is yours. Travel money will be supplied by next working day delivery provided business orders are placed before 12.30PM. Currency transfers require cleared funds or an agreement with a direct debit system in place. Business money transfers to major currencies can be cleared in the same day.

Interest Rate Products

Barclays Capital has a major presence in the global government bond market. It is one of only three firms to have primary dealerships in government bonds in every Eurozone country. It is also a primary dealer in US Treasuries and Japanese Government Bonds.

Barclays Capital is a leading US Agency firm and has underwritten large global transactions. We have also established a strong foothold in the Residential Mortgage Backed Securities (RMBS) business, the largest segment of the US fixed income market.

Barclays Capital specialises in interest rate derivatives, and has expertise across a broad product spectrum. Our integrated sales, trading and research services provide our clients, with a complete product offering, including interest rate swaps, forward rate agreements (FRAs), basis swaps and interest rate options. It also develops bespoke structured products.

Barclays Capital has built a leading franchise in the interest rate business globally, and the results reflect this. In Risk magazine’s corporate end-user survey in April 2008, it ranked No 2 overall in interest rate swaps, No 3 overall in interest rate options and No 2 overall in exotic interest rate products. In the June 2008 Risk institutional investor survey, Barclays Capital ranked No 3 overall in interest rate swaps and No 4 overall in interest rate options.

Please use the links alongside to learn more about our presence and capabilities in the individual regions as well as our inflation-linked capabilities.

Foreign exchange market

The foreign exchange market (currency, forex, or FX) is where currency trading takes place. It is where banks and other official institutions facilitate the buying and selling of foreign currencies. FX transactions typically involve one party purchasing a quantity of one currency in exchange for paying a quantity of another. The foreign exchange market that we see today started evolving during the 1970s when worldover countries gradually switched to floating exchange rate from their erstwhile exchange rate regime, which remained fixed as per the Bretton Woods system till 1971.

Presently, the FX market is one of the largest and most liquid financial markets in the world, and includes trading between large banks, central banks, currency speculators, corporations, governments, and other institutions. The average daily volume in the global foreign exchange and related markets is continuously growing. Traditional daily turnover was reported to be over US$3.2 trillion in April 2007 by the Bank for International Settlements. Since then, the market has continued to grow. According to Euromoney's annual FX Poll, volumes grew a further 41% between 2007 and 2008.

The purpose of FX market is to facilitate trade and investment. The need for a foreign exchange market arises because of the presence of multifarious international currencies such as US Dollar, Pound Sterling, etc., and the need for trading in such currencies.

International Money Transfer

Our international money transfer service provides a simple, secure and fast method to transfer funds to and from the UK for both personal and business needs. Online FX international money transfers are a highly convenient, secure and cost effective way to transfer money to bank accounts in over 70 countries worldwide.

Our Money Transfers can clear the same day depending on the receiving bank, or just take two working days to reach countries in Western Europe and North America, and four working days for the rest of the world. In comparison, bank transfers can take much longer for international money transfers

Rates of exchange for money transfers are obtained by direct market request. In many cases they will differ and be more advantageous than the rates displayed for Travel Money.

Benefiting your clients and your business

Most people buying products and services overseas spend little or no time considering the impact of exchange rate fluctuations on the value of their transactions. They may find that the amount of currency they receive is no longer sufficient to achieve their goals if currency markets have moved against them.

If they are using their high street banks to buy and transfer their currency, then they are probably paying much more than necessary, in terms of both time and money.

If you have clients involved in exchanging funds from one currency to another and transferring funds overseas, please browse these pages to find out how your clients and your business can benefit from using our services.

The Moneycorp Affiliate Partnership Programme - you can add value to the services you offer by partnering with a specialist in the field of international foreign exchange and payment services. It pays to use the experts.

Foreign exchange Traders In the United Kingdom

The appearance of automated trading systems and markets has seriously narrowed the window of opportunity on many trades, occasionally to some seconds in duration. Thus because this session is potentially the best, it is those currency exchange traders, ie those based in the United Kingdom ( and indeed Europe ) who benefit the most because this period is a particularly convenient time to trade. Here’s plenty more stuff all about futures clearing. Unfortunately it’s not so convenient for US-based traders, as an example, to trade the opening hours of the London session because it’s the middle of the night for them. Any gains made of foreign exchange trading thru spreadbetting is totally tax-free ( at the time of writing, future tax laws may change ). Thus foreign exchange traders in the United Kingdom can make as much money as they need from currency trading, even if its their full time job, safe in the realization that not a penny of those gains will be going to the tax man. In reply, traders are turning to automated Currency exchange techniques of their own.

Banks in UK

Bank of UK is a leading market maker in global foreign exchange. Our experts tailor programs to meet virtually all your foreign exchange needs, from forecasts and exposure analysis to pricing, execution and delivery. We provide insightful and timely advice and innovative currency strategies. We also offer the research and analytics you need to support your own market analysis.

A leading participant in the world’s currency markets, we deliver 24–hour trading capabilities in more than 150 currencies worldwide — giving you ready access to the world’s currency markets.

Who can benefit

Companies, money managers, financial institutions, hedge funds, commodity trading advisors and government entities operating in global markets require an array of foreign exchange services to effectively conduct international transactions and manage risks.

Corporate clients can use currency trading for:

• Translating offshore revenues and investment income into home currency
• Meeting payment obligations for foreign vendors, employees and creditors
• Ensuring offshore operations are efficiently funded in local currency

Investor clients can use currency trading for:

• Purchasing or selling securities
• Managing the currency risk of an international fixed income or equity portfolio
• Executing a currency overlay program