Currency transaction fees and volatility can cost your business significant amounts of money, Rutland FX will look to protect your bottom line and mute volatility as much as possible in order to maximise your profits and limit losses when trading internationally.
We care about your FX risk and will work closely with you to develop a tailored strategy based on your unique currency requirements.
Corporate FX FAQs
No there is currently no minimum transaction in order to use Rutland FX however smaller payments do not get as competitive an exchange rate.
Once you have signed up you can e-mail your account manager with all the beneficiaries you wish to upload.
Yes, there is no limit to the number of beneficiaries you can add to a transaction.
Please see our currency capabilities
Please see our payment cut off times
Depending on the complexity of your company’s shareholder ship structure anywhere from a few hours to 48 hours.
Yes Rutland FX accepts all intermediary charges just please notify us first in order to enable this.
No Rutland FX does not charge any fees or commissions we generate a revenue from the exchange rate we offer you.
Sending funds to Europe is virtually instant however some jurisdictions can take a bit longer due to the time difference.
When we execute transactions we always generate an MT103 by default as a proof of payment, this will be sent to you via e-mail every time a payment is executed.
Once you agree to a transaction online or over the phone you will receive a transaction receipt via e-mail. One this receipt will detail where you need to send us your sell currency.
Rutland FX is a programme manager of Ebury Partners UK Limited which is an authorised Electronic Money Institution (EMI) independently regulated by the Financial Conduct Authority (FCA) in the UK. As an EMI, we are required to ensure that customer funds are appropriately safeguarded. This means that funds received by us corresponding to electronic money will be held in one or more segregated bank accounts separately from our own funds, in accordance with the Electronic Money Regulations. We safeguard 100% of the funds we hold for clients, not only a proportion like banks do. In the unlikely event of Eburyâ€™s insolvency, an administrator will reimburse you from the safeguarded funds.