Target an Exchange Rate
Make the most of your money when currency exchange rates are in your favour
Timing is crucial when it comes to getting the best exchange rate. Foreign exchange markets are unpredictable, which is why being able to control the rate you receive and avoid currency volatility can make your money go much further.
There are three easy ways to target a rate:
Exchange now, pay later
Secure a rate and transfer later with a forward contract. You can lock in your exchange rate for up to two years, protecting you against exchange rate movements.
Track a rate
We will send you an alert letting you know when a currency reaches the foreign exchange rate you chose, meaning you can take advantage of it without any hassle of needing to check the constantly moving currency markets.
Set your exchange rate
Choose a rate you would like to target and we will do the hard work for you with a Market Order. If the market reaches your desired rate we will exchange your currency when your target rate is achieved 24 hours a day, 7 days a week, meaning you won’t miss out overnight or when you are busy with work or family.