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Fixing Exchange Rates

Protect yourself from currency volatility in the future, by setting up a forward contract to fix your exchange rate in advance

"Having a forward contract worked very well for me. The exchange rate changed for the worse after I had fixed the amount and has not recovered since. By fixing the exchange rate through a forward contract I have saved myself approximately £3,000.

The service provided by Pure FX has been excellent."

- S. Kilby, Lincolnshire

Clearly, no one can accurately predict future exchange rates. So when you're making a large currency transfer, it is really important to consider what impact fluctuating exchange rates will have on your cost.

For example, over just a couple of weeks in May 2017 sterling lost around 3% against the euro. On a purchase of €150,000, this change in exchange rate would mean a difference in your cost of over £5,000!

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As specialist currency brokers, Pure FX can fix a competitive exchange rate for up to 12 months. This ensures the rate at which you exchange currency does not change, eliminating any chance that your purchase becomes unaffordable due to adverse movement.

To fix the exchange rate, there are several options available to you. Some of the more common solutions are:

Forward Contract

This contract enables you to fix the exchange rate at today’s value for a specific time in the future, called the maturity date. You can tell us when you want delivery of the currency, and this can be any time between 1 week and 12 months. Forward contracts may or may not require a deposit.

Time Option

This is very similar to a forward contract, although you are able to draw down funds before the maturity date as and when you require the currency.

It certainly pays to talk to a specialist. Why not chat to a Pure FX currency dealer about what would be best for you?

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Why Us

Exceptional Service

We have received Feefo's Gold Trusted Service Award 3 years in a row.

Same Day Transfers

We can transfer your money to your destination bank account the same day you send it, once we’ve confirmed the payment details with you.

Competitive Exchange Rates

Competitive exchange rates and transparent transfer fees, so you know exactly what you’re paying for.

Dedicated Personal Service

To guide you through the transfer process and keep you up-to-date with the changing exchange rates.

Established in 2006

Since then, we’ve transferred money for thousands of satisfied clients.

How It Works

  • 1. Register

    for a no obligation account
  • 2. Agree the exchange rate

    with your account manager over the phone
  • 3. Send us payment

    for the transfer of your purchased currency
  • 4. We transfer the currency

    to your nominated account
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