FAQ's

Why use Secure Currencies Ltd ?

We understand the need to make your money go further and to stay within your budget. We pride ourselves in obtaining the most competitive Foreign Exchange rates available, which are rarely matched, let alone bettered. On calling us you will always speak to a friendly and experienced Foreign Exchange dealer, never to a salesperson.

At Secure Currencies our staff have over 50 years experience in the business of Foreign Exchange. Remember once your deal is struck your exchange rate is secure even if the market moves adversely.

Is our money safe?
YES, your money will be held in a dedicated client account at Barclays bank plc, one of the worlds leading banks. We are aware you have to know your funds are safe.
How do I register?
Registration is simple and puts you under no obligation to trade. All you need to do is sign and return our Terms and Conditions, provide proof of ID and details of your current address. This can be completed online, by fax, phone or by post. Once this is completed you will be assigned a PIN number and details of your own personal dealer. Remember it costs nothing to register!
How much does it cost?
There are no commission charges on any trade with Secure Currencies. It is free to open an account with us. The only cost incurred is a £15 telegraphic transfer fee for transactions under £15,000.
How do I pay for my currency?
The easiest way is to have the money transferred by your bank to our client account, this can be done by BACS or CHAPS/Telegraphic Transfer. You can also pay by cheque but please allow 5 working days for a cheque to clear.
How do I receive the foreign currency I have purchased?
Your currency will be transferred to the account you elect on the maturity date specified in your foreign exchange contract, subject to us being in receipt of your cleared funds.
What Foreign Exchange products do you offer?

SPOT RATE : The Spot Rate is for immediate currency transactions. Trades of this type will settle within two bank working days (excluding public holidays) and delivery will take place upon receipt of the clients cleared funds within this time period. This is the most common and effective form for making Foreign Exchange payment.

FORWARD CONTRACT : A forward contract is when you elect to purchase currency now, but for delivery on a date in the future. This allows you to fix a rate immediately, enabling you to budget in advance, thus taking away the risk of fluctuating currency markets. Please note that a deposit of 10% of the trade amount will be required by the bank as standard security against the currency purchased, with the balance due five working days prior to the maturity of the contract.