Rate Orders allow you to manage fluctuations in the currency markets by choosing a target exchange rate to buy or sell at. Our Relationship Managers will advise you on a suitable target exchange rate and then monitor the markets for you. If the target exchange rate is reached, the Rate Order will be carried out on your behalf.
Window of opportunity for Rate Orders
Rate Orders can sit in the market for any length of time but are traditionally limited to 14 days. However, some of our clients take advantage of fluctuations over as little as a couple of hours. Cancellations of Rate Orders can be executed verbally or in writing at any time.
Prefer to talk?
If you would prefer to discuss the suitability of Rate Orders to meet your requirements, please get in touch.