Personal Transfers
If you’re buying or selling a property overseas, emigrating or sending money to family and friends, your dedicated currency consultant will help you make the most of every transfer.
With us you can:
- Receive competitive exchange rates
- Make fast and commission free transfers
- Dedicated relationship manager for every client
- Receive market updates and create rate alerts
- Secure currency in advance for a future date
- Improved market entry
Business Transfers
If your business is exposed to fluctuations in the foreign exchange markets, Magna Financial will work with you to optimise your position, minimise your risk and help reduce costs.
With us you can:
- Receive competitive exchange rates
- Make fast and commission free transfers
- Dedicated relationship manager for every business
- Currency fluctuation risk management tools
Hedging strategies
- Improved market entry
Why use Magna Financial
Savings on exchange rates
We typically save our clients over bank exchange rates. We achieve this by using live rates and monitoring the market to help our clients trade at the optimum levels.
Quick & simple payments
Magna Financial provides a simple and hassle free service. International payments are routed efficiently for speed of transfer and to minimise intermediary and overseas bank charges.
Professional & personal service
Our professional and friendly team will help you every step of the way. We frequently keep you up to date with market activity to help make your experience pleasant and cost effective.
Why Choose Us
Excellent Exchange Rates
Fast and Secure International Payments
Dedicated Relationship Manager
Fully FCA Authorised
Excellent Customer Service
Currency Market Updates
How to get started
Call Us
Call +44 (0) 203 371 9966 for a free quote,
to see what you can save.
Secure Your Rate
Secure a competitive foreign exchange rate with one of our consultants.
Make a transfer to us
We send your payment by bank transfer to the nominated beneficiary. We notify you once the payment is made.
Products and Services
Spot Contract
If you have funds available, you can “take out” a contract known as a ‘Spot’. Magna Financial will secure the best Spot rate available and can turn around funds within hours of your order, as soon as cleared funds have been received.
Forward Contact
Some clients like to know exactly where they will be buying at any given date or time in the future. This is where you can take advantage by taking out a ‘Forward’. You can fix your exchange rate for up to two years, with the option to draw on the funds at any time.
Market Orders
As markets trade around the clock, 7 days a week, you can take advantage of volatile movements and rates which may not be available during trading hours. This tool can be advantageous in protecting a budgeted position, giving you full control.
Stop Loss
Stop loss orders let you set a minimum exchange rate at which you would be willing to trade. A Stop Loss order would act as a safety mechanism to help protect against adverse movements in the market.
Rate Alert
Should you be looking for a specific rate to be executed, your dedicated dealer can monitor the market on your behalf. They will contact you when the market is in your favour or alert you when your desired rate is achieved.
Market Analysis
The foreign currency markets is one of the largest and hardest markets to predict. Our dedicated dealers constantly monitor market trends and can keep you up to date with market activity to help minimise adverse fluctuations.
