View balances in multiple currencies online 24/7 with the ability to exchange more than 120+ currencies enabling you to send money to over 212 destinations
Executed within seconds globally helping to improve cash flow. Cloud based payment platform that can pro-cess via multi-channel payment routes ensuring funds are delivered in the quickest and most cost-effective way as possible. Using Swift Payment Technology which facilitates sending or receiving transactions via the fastest payment network available.
Giving access to wholesale exchange rates instead of retail, offering bank beating rates. All foreign ex-change rate transactions have zero fees. FhUNDIT Ltd make their margin from the exchange rate. Please note this does not include the cost of any charges incurred from your destination bank.
FhUNDIT foreign currency exchange services are provided by The Currency Cloud Ltd.
The Currency Cloud Ltd is authorised by the Financial Conduct Authority under the Electronic Money Regu-lations 2011 for the issuing of electronic money. FCA registration number: 900199.
Forecast your profits with a forward exchange contract. An arrangement made to purchase currency at a fixed locked in rate with a forward currency contract to transact at a future date. This will enable you to take advantage of a more favourable present rate for future transactions.
Providing business and personal clients a cloud-based platform with simple functionality to make international transfers at contracted prices immediately on the spot. An agreement to buy one currency against selling another currency at a particular price on a particular date. The day decided upon is called the spot date and the exchange rate agreed is known as the spot exchange rate.
FhUNDIT watch the market carefully. Implementation of our FX risk management strategy will protect a clients funds from the uncertainty of market volatility and exchange rate fluctuations.
Facility to transfer funds with a budgeted rate in mind. The set up of rate alerts to provide notification when the rate can be achievable in the market. Removing the uncertainty from payments or collections, transactions made in your budget which helps in revenue forecasting assisting in company costings.
As soon as you have agreed an exchange rate you will receive an automated trade confirmation informing you of the exact amount and where to.