International Money Transfer (IMT) or Telegraphic Transfer (TT).
To transfer foreign currencies provide the amount and the beneficiary (we store beneficiary details in our database) and set the exchange rate with the dealers.
Pay currency to our local bank account and we effect the transfer as per instruction.
Receiving foreign currencies on behalf.
Advise the dealers of the currency, amount and date paid to our foreign currency account (we provide bank details for foreign currency receipts as required) and agree upon a rate (rates agreed upon advice or receipt of funds).
Upon receipt we advise the client and pay to local accounts or convert to another currency as required.
Estimating currency flows and fixing a desired exchange rate for delivery at a specified future date.
This rate remains the same for the term of the contract, providing protection against exchange fluctuations and preserving budgeted margins.
Pre-delivery is available on all contracts allowing flexibility for early payment.
