Business FX
Competitive, Transparent Foreign Exchange Rates
The advantages of using Frank eXchange for your businesses foreign exchange exposure:
✔︎ Paying and receiving in foreign currency is simple through our online trading and payment platform.
✔︎ We aim to show the inter-bank, mid-market rate alongside the rate we are offering you, including our mark up. This ensures our rates are competitive, taking away the need to compare or check the rates.
Click here to see an example
✔︎ Every transaction is through the Currency Cloud - an e-money institution providing e-money, payment and unregulated foreign exchange services - which is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011.
✔︎ Registration for an account is free. There’s no minimum transaction or long-term contracts, you simply use the service as you require.
✔︎ You can hold up to 34 different currencies using one IBAN.
✔︎ You can make payments in 40 currencies to 212 countries. Track your payments and check the status to see when your beneficiary received them.
Ideal for:
Paying overseas invoices
Receiving overseas invoices
Securing Forward Contracts
Learn more about our Payment System below!
Office
Frank Exchange Ltd.
Unit F1, Ransom Hall, Ransom Wood Business Park, Southwell Road West,
Mansfield, NG21 0HJ.
Legal - Terms and conditions | Privacy policy
For clients based in the European Economic Area, payment services for Frank eXchange Limited are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 - 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of an electronic-money institution (Relation Number: R142701).
For clients based in the United States, payment services for Frank eXchange Limited are provided by The Currency Cloud Inc. which operates in partnership with Community Federal Savings Bank (CFSB) to facilitate payments in all 50 states in the US. CFSB is registered with the Federal Deposit Insurance Corporation (FDIC Certificate# 57129). The Currency Cloud Inc is registered with FinCEN and authorised in 39 states to transmit money (MSB Registration Number: 31000206794359). Registered Office: 104 5th Avenue, 20th Floor, New York , NY 10011.
For clients based in the United Kingdom and rest of the world, payment services for Frank eXchange Limited are provided by The Currency Cloud Limited. Registered in England and Wales No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199).
Payment services for KratosFX are provided by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales. Registration No: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB). License No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution. Firm Reference Number: 927951
