FIGPay Currency has a number of Foreign Exchange products and services to enable our customers to make international payments and manage their foreign currency risk.
Types of Foreign Exchange Contracts
Instant Contract - This enables clients to convert one currency into another at market leading rates of exchange. The foreign currency can then be sent to bank accounts in over 140 countries.This type of Contract is sometimes called a "Spot Contract".
Forward Contract - This enable clients to fix the rate of exchange today but not actually pay for the foreign currency or send the foreign currency overseas until a later date (up to a year later).
Order Contract - This enables a client to select the rate of exchange they would like to achieve for a given amount of currency. Our system will then monitor the entire market, 24 hours a day, 7 days a week. If the rate is available anywhere, our system will book a payment for the client and let them know by email.
Services
Online System - Our unique and simple to use system enables clients to book Instant, Forward and Order Contracts online, 24 hours a day, 7 days a week. We are the only company who provide this range of services to private individuals and small business clients.
Telephone Services - Call us during UK business hours and speak with one of our highly experienced traders. All of our trading staff have over 20 years experience in the FX markets. We do not hire junior sales people and give them scripts to sound like FX experts.
Our Traders will help you with advice on the types of products available and how best to use them.
NOTE: WE WILL NEVER PREDICT THE MARKET DIRECTION. IF WE KNEW WHERE IT WAS GOING WE WOULD ALL BE RETIRED AND LIVING ON OUR YACHTS BY NOW. DON'T TRUST ANYONE WHO TRIES TO TELL YOU WHERE THE MARKET IS GOING. THEY ARE GUESSING TO TRY AND IMPRESS YOU TO GET YOUR BUSINESS.
Risk Advisory - If you have more complex or a series of Foreign Currency needs over a period of time, we are happy to talk this through with you and make recommendations on which tools and strategies might best address your needs.
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