Services

How it works

Currency Index makes international transfers simple, secure, and cost-effective — with a clear, reliable process from start to finish.

1

QUOTE

When you’re ready to arrange a transfer, contact your currency consultant with the transaction details. The best available rate will be provided.

2

ORDER

To proceed, give a verbal or email instruction to buy or sell at the quoted rate. Once placed, orders cannot be changed or cancelled.

3

CONFIRMATION

A contract note will be emailed, confirming the agreed figures and exchange rate.

4

SETTLEMENT PAYMENT

The confirmation includes bank details for settlement. Payment is typically required within two working days.

5

ONWARD TRANSFER

Provide onward payment instructions along with supporting documents showing the purpose of the transfer and proof of the source of funds.

6

COMPLETION

Once cleared funds are received, the onward transfer will be executed.

Currency Index - Expert Currency Consultants | Currency Exchange | Transfer Currency | Watford, Hertfordshire, UK

Register for a Trading Facility

Opening a trading facility carries no cost or obligation to use our services, but will provide you with access to live quotes through your own dedicated account manager.

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Register for a Trading Facility

Opening a trading facility carries no cost or obligation to use our services, but will provide you with access to live quotes through your own dedicated account manager.

Contract Options

Deciding on the right way to secure your currency depends very much on your unique circumstances and a detailed discussion with your currency consultant will enable them to guide you towards the correct mechanism for you.

SPOT CONTRACT

For immediate needs when funds are available and currency is required right away.

FORWARD CONTRACT

A forward contract lets you lock in today’s rate for up to two years. It requires a 10% deposit, with the balance due at maturity.

LIMIT ORDER

Used to target a better rate than the current market, this order stays active 24/7 and automatically buys currency when the desired rate is reached.

STOP LOSS ORDER

Used to lock in a rate before it falls below a set point, acting as a safety net to protect your affordability.