Access institutional-grade FX rates that reduce transaction costs and improve your margins.

As an institutional FX provider, Millbank FX trades billions each year through multiple liquidity providers. Allowing our clients to leverage our buying power and buy at wholesale FX rates.

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Provider

Exchange rate

Recipient gets

1.2003

€ 600,150

1.16641

€ 583,205

1.15669

€ 578,345

1.17237

€ 586,185

*The above information is based on 500,000 GBP and was collected on 21/11/2024.

Access to institutional FX rates is a significant advantage for corporates engaged in international trade. It allows you to exchange currencies at more competitive rates than those typically offered by retail banks. Institutional FX rates are usually reserved for large-scale market participants and provide better pricing. Which can substantially reduce transaction costs for businesses making frequent or high-value foreign exchange transactions.

Millbank FX offers corporates the ability to leverage our institutional buying power. By accessing our network of liquidity providers, we empower businesses to reduce currency conversion costs and focus their resources on growth and innovation.

"MillbankFX has given us unparalleled access to wholesale FX rates, quickly become a vital partner in optimising our FX strategy. With their competitive pricing and transparent approach, we've seen substantial cost savings that directly benefit our bottom line"

T. Shah

CEO, Modern Electronics

a view of a building through a glass roof

Overview:

ModernElectronics is a global telecommunications wholesaler, distributing to Europe, USA and UAE.

The Challenge

Like many operators in the electronics industry, profit margins are compressed.

Traditional banks are usually unwelcoming to high turnover low margin business when they cannot cross sell into other products.

Non-bank counterparties and FX brokers will often offer initially attractive rates, that decline or get widened out over time.

Solution:

Evaluation of the corporates total annual requirements including currency pairs and trade volume.

Honest and transparent discuss over wallet share and future increase in currency flow.

A fixed and transparent pricing model with the opportunity to improve as the clients volume increases.

Results:

Access wholesale FX rate.

Improved Margins & Competitiveness.

Transparent and consistent pricing.

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T. Shah

CEO, Modern Electronics

Safe, Reliable, and Regulated by the FCA

Millbank FX is authorised by the Financial Conduct Authority (FCA), ensuring your funds are safeguarded with the highest standards of security and reliability.

Safeguarded Funds

Your funds are held in safeguarded accounts, kept separate from operating funds, providing peace of mind with every transaction and an extra layer of security.

Secure and Trustworthy

Our advanced encryption and security protocols protect your data, ensuring every transaction is secure and handled with the highest level of integrity.

FCA Authorised

As a licensed payment institution, we meet rigorous regulatory standards and report to the Financial Conduct Authority (FCA), ensuring robust oversight and compliance.

Your profits don’t wait for stability. Neither should you.

Get a free FX strategy session & live rate check

With a Millbank FX Strategy Session, you’ll meet directly with our Chief Commercial Officer who will assess your payment flows, FX exposure, and current setup, then show you exactly where you could be saving.

In turn you’ll get a clear, no-jargon roadmap to:

Protect your profit margins with tailored hedging strategies

Stay ahead of market swings with live insight from real FX experts

Streamline your international payments in 120+ currencies

Already have a FX provider?

9 out of 10 businesses we meet are already using a provider an leaving money on the table—and they don’t even know it. And yes, you can open your account directly instead if you’re ready to move faster.