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.

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.

"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

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.

Free Account Opening
Dedicated FX Dealer
FCA Authorised Payment Institution
Access to Institutional FX Rates
Rapid 24/7 Service

With Millbank FX You Will:

Reduce Costs
Save on international payment fees and access competitive exchange rates.
Protect Your Profit
Mitigate currency fluctuations risk with our expert guidance.
Access Global Markets
Access 80+ tradeable currencies and transfer funds to over 120+ countries.
Get Tailored Expertise
Benefit from our deep understanding of multiple industry sectors.

Schedule Your Consultation

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