TRADING AND SETTLEMENT

OUR PROCESS

 

 

REGISTER FOR AN ACCOUNT ONLINE

Opening an account is free
of charge and non-obligatory.

CONSULT OUR DEALERS

You will be provided with a dedicated account manager who will discuss your requirements
and demonstrate our capabilities accordingly.

A Senior Dealer will be allocated to your
account and will discuss with you your
specific requirements.

EXECUTION

Deals can be instructed by phone, email or online.
A trade confirmation will be emailed
directly to you outlining the details of the deal.

INSTRUCTION

The client will email payment
instructions from their registered
email address confirming where to
send the purchased currency.

SETTLEMENT

Instruct your bank to deliver your payment
to the nominated account details contained
within the deal confirmation.

MILLBANK will confirm receipt by way
of email confirmation.

Funds will be sent via bank transfer
from the client to MILLBANK in order
to settle the trade.

COMPLETION

MILLBANK will release the
purchased currency direct to the
beneficiary as outlined by the client
in the payment instructions.

A payment confirmation will follow,
bringing the deal to settled status.

Millbank FX Limited is authorised by the Financial Conduct Authority as a Payment Institution
(FRN no: 787366) and registered with HMRC as a Money Service Business (MSB no: 12954585)
Contact us on 0203 889 8840