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PRIVATE CLIENT - Example

Consider a house purchase in Spain for £250,000. If you did this currency transaction through any of the major UK high street banks you would be charged a conversion spread of up to 1.51 - 1.66 (Natwest 30th August 2007). The cash cost of this transaction to you the client would be £25,000 in commission charges. If you did the same transaction through our facilities, the conversion rate would be 1.58 - 1.59. The cash cost of this transaction to you the client would be £2500 in commission charges.

PRIVATE CLIENT

Facilities are provided by our affiliate brokerage partners, who are the UK’s largest currency operators. They specialise in trading directly into the global FX inter-bank market, thus securing the most efficient rates for our clients at prices up to 15 times cheaper than on offer from your local bank.
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