The situation that I need to solve
I don’t have to time to continuously monitor market rate fluctuations, but I want to exchange under the most favourable conditions.
The current exchange rate is not suitable for me and I can wait for a more favourable one. There is no urge to pay invoices.
The current market rate is not bad, but I would like to reach a more favourable one to meet my needs. On the other hand, I need to exchange as soon as the market rate becomes worse and develops contrary to my expectations.
What we can do for you
We will monitor exchange rates for you 24 hours a day, 5 days a week. You do not have to continuously monitor the forex market to achieve a profit or limit exchange rate risks.
All you have to do is to specify your binding rate requirement and select a Currency Order type. You will, therefore, give us the instruction to automatically purchase or sell currency at your required rate or the worst acceptable rate. Alternatively, you can set a combination of both, just to make sure. We will then monitor the rate for you, even for a year. As soon as your required rate is reached on the market, the exchange will be automatically performed.
You can cancel the existing Order that has not yet been executed.
You may want to, take a look
Do you purchase or sell foreign currency and want to avoid the negative consequences of rate fluctuations?
Fix the current rate for up to two years in advance.
Are you looking for the most favourable rate but have no time to monitor the development in the foreign exchange market?
The Currency Order will keep an eye on the rate for you.