The smarter way to handle global payments — trusted by businesses managing millions.
If you’re sending over £1million a year in FX transactions (or the equivalent in your currency) you can save time and money with a free multi-currency account with wholesale FX rates, faster payments, and dedicated support—without the hassle of a bank.
Open your free currency account in just a few minutes
S.Akim CEO | Adpress International
The Problem
The Solution
If your margins are tight, your FX strategy should be tighter
Making the switch to Millbank FX might seem like a big step—after all, you've likely been managing your currencies the same way for years.
But sticking with the status quo comes at a hidden cost: every exchange rate swing, every delayed payment, and every missed opportunity to secure better margins adds up.
The reality? Many businesses have already made the switch and are reaping
the benefits.
See how your current FX provider compares against Millbank FX
What our clients say
Trusted by business of all sizes worldwide
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Still have questions?
Millbank FX is a financial institution executing billions of pounds worth of transactions a year. This provides our clients unique access to multiple liquidity providers as opposed to a singular bank. Many of our clients operate on tight margins and face long payment cycles between order confirmation and fulfilment. Millbank FX provides forward contracts, market orders, and risk management strategies to lock in exchange rates, so currency fluctuations don’t eat into your profits.
It's simple. We make money on the exchange rate spread; the difference between the buy and the sell rate. The only difference is that we charge a smaller margin and profit than other brokers and banks. We also eliminate extra fees, charges and commissions. It is also important to highlight that, unlike major banks and financial institutions, we don't have large overheads.
Yes. Our multi-currency business account lets you send and receive payments in 80+ currencies, reducing unnecessary conversion fees. This is ideal if you buy from growers and suppliers across multiple regions and want to avoid losing money on multiple conversions.
Currency volatility can erode margins between contract agreement and payment. With forward contracts, you can lock in a rate when you place an order—so you know exactly what you’ll pay, regardless of market movements.
For bulk purchases or seasonal supply payments, we offer institutional FX rates to ensure you get the best possible price. We also provide market orders, so you can set a target exchange rate and automatically execute when it’s reached.
Speed is critical for all of our clients. All outgoing transfers are sent via the faster payment rail available for that particular currency. Most currencies will credit the same-day we receive client funds, removing any time delays. For all UK domestic payments, we send payments by same-day CHAPS. We always retain beneficiary bank details to avoid any need to email details every transaction you complete.
No. No setup fees, no monthly fees, and no hidden charges. You only pay for the FX transactions you make—nothing else.
No. Millbank FX integrates seamlessly with your existing business accounts. You keep full control over your funds while accessing better rates, faster settlements, and tailored risk management strategies.
If your business makes cross-border payments, imports goods, or deals with currency fluctuations, you need an FX strategy. Even small rate shifts can wipe out your margins. Millbank FX helps you assess risk, lock in better pricing, and stabilise cash flow so your business stays profitable.
As soon as we have received your completed Millbank FX application, we'll seek authorisation from our compliance department. We will also need to carry out a "Know Your Client" (KYC) process on all new clients. Your account can then be opened and confirmed by email within the same day.
Your trading account can be activated within minutes of receipt of your completed documentation and Millbank FX authorisation.