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Spot Contract

The most common contract where your currency is purchased at the current exchange rate. Whether you are buying a property abroad or settling overseas invoices, this contract is ideal if you need a quick transfer.

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Forward Contract

A contract suitable for clients that wish to protect their currency exchange against any adverse market movements. You can lock your exchange rate up to 12 months in advance for a nominal pre-agreed deposit. We then deliver the currency to you no later than the maturity date of the contract and upon full settlement.

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Limit Contract

With this contract you have the ability to target a specific rate of exchange and your currency will be automatically purchased should that rate of exchange become available. Upon completion of the order you pay for the currency within an agreed timeframe. This contract is ideal if you are working to a fixed budget or you have flexibility regarding the delivery of the currency.

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Stop/Loss

A contract designed to give the ability to target a rate of exchange that is currently not available but safe in the knowledge that you are protected should the market fall i.e. your worst case scenario. Upon completion of the order you pay for the currency within an agreed timeframe.

Swift FX will give you access to competitive exchange rates across a broad range of currencies to meet your personal and business requirements. We charge no payment fees for transfers and can transact in over 50 major currency pairs.