Target an Exchange Rate

Target an Exchange Rate

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Make the most of your money when 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 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 via email or SMS letting you know when a currency reaches the 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.

 

Why target a rate with moneycorp?

Low fees

Low fees

Trading in 120+ currencies

Trading in 120+ currencies

Your own account manager to guide you

Your own account manager to guide you

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Making the most of your international payments account

Regular payments

Regular payments

Pay by Direct Debit and send your international payments weekly, monthly or quarterly and even lock in a favourable rate for up to two years.

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Make a payment

Make a payment

Whenever you need to send a one off payment for whatever reason, we can help you.

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