Sterling Exchange
Sterling Exchange is the UK's fastest growing currency exchange provider, saving you hundreds if not thousands of pounds by proactively and continually assessing your currency needs whilst monitoring the world wide economic and geopolitical outlook.
Whether you are purchasing a property overseas, importing a vehicle or have a commercial requirement for currency Sterling Exchange are here to help.
The main benefits of using Sterling Exchange are:
- Free Transfers for all clients
- Fix your rate for up to 2 years ahead
- Free Account opening facilities in Europe
- Funds delivered free of receipt charge /in Bulgaria as well, just ask for details /
- Commercial rates for any size transaction
- 24 Hour Client Service Department
Based in the heart of London's financial district with over 20 years market experience, Sterling Exchange is in a prime position to offer you a cost effective alternative to your bank's foreign currency exchange offerings.
Their dedicated team of specialist currency planners and analysts are on hand 24 hours a day to offer up-to the- minute market information and explain how it may affect you.
The combination of free account facilities, free currency planning services and no commissions as well as being the only exchange house to offer free transfers to all of their clients, enables them to offer you a complete and easy to use solution to all your currency needs.
Currency Exchange - How it Works
Using Sterling Exchange couldn't be easier. Follow the simple steps below for an efficient, free service.
Opening an account
This is done by simply returning the application form to us along with two forms of ID; one must be photographic (a passport or driving licence) and the other must contain proof of address (a recent utility bill or bank statement).
Once we have received and processed your application, a currency planner will contact you within 1 hour. After discussing your requirements, your currency planner will suggest the best course of action to save you time and money. You will also be informed of your account number and name of your currency planner in writing.
Buying your currency
Your designated currency planner will be on hand to give you the current market rate. If you are happy with the quote and wish to proceed, we will then go ahead and purchase the currency on your behalf.
Should the market rate not be suitable, we will monitor the rate and contact you at the appropriate time.
Once a trade has been agreed we will promptly send you a deal receipt, this will contain details of your trade and also provide instructions on how and when to make payment for your currency.
Page one of the deal receipt should be checked, signed and returned to us swiftly. Page two asks you to complete the details of where you wish to transfer the purchased currency.
We do not require these details at the time of trading but do require them 1 working day before maturity of your contract.
Paying for your currency
Payment is usually made by cheque or bank transfer, details of which are contained in the deal receipt.
Cheque's should be posted to the accounts department and bank transfers directed to the account stated on the deal receipt. Please note that all cheque's and bankers drafts take six working days to clear. A bank transfer will take no longer than three working days.