Foreign Exchange

Our foreign exchange service provides you with easy access to a number of financial institutions paying market exchange rates for any tradable pair. In order to take advantage of the finer pricing these institutions offer, MPC assist in arranging a face-to-face meeting with the counterparty bank and overseeing the setting up of a formal foreign exchange facility with them. Facilities are available for both spot and forward deals.

 

The facilities are, in the majority of cases, offered on the basis of our clients’ balance sheet strength and so neither margins, liens nor security is required. Clients remit the currency sold prior to the bank remitting the currency bought and vice-versa (cleared funds basis)

Whether you choose to deal through us or directly with our banks, this additional source for foreign exchange will result in keener pricing for each deal – improving your company’s profitability and competitiveness. -up, management or transfer fees from either counterparty banks or ourselves. You achieve maximum benefit by acheiving more competative foreign exchange rates. Our remuneration comes from the banks and is based on the total value of the trade.