Products
We offer three main products:
Market Orders
Let us know your desired exchange rate and we will monitor the markets for you using accurate tracking technology. Once your desired rate has been achieved, we will automatically execute trades for you. We can also set ‘stop losses’ to mitigate your risk to adverse currency fluctuations.
With SJ MONEY TRAVEL, you get to make the trades you want, at the price you want, while getting on with running your business.
Spot Trades
Work with us and you’ll be able to take advantage of the live rates across a number of liquidity providers and enjoy same day settlements through our faster payments process.
You can also set a value date of up to two weeks in the future, so you can take advantage of short-term preferential rate fluctuations and not have to send the funds until your chosen value date.
Forward Contracts
The currency market can be very volatile, pre/post Brexit and especially post Covid-19, so our clients like to eliminate the risk of currency fluctuations by securing preferential rates for future settlement. These are called Forward Contracts.
As part of your Forward Contract, we can fix rates for you for a set period, to ensure that your profits are unaffected by currency fluctuations. Between the start date and settlement date you can draw down from your Forward Contract as many times as you like. Forwards are a great tool to keep the cashflow within your business.
For Forward Contracts and regular payments, we can fix your rate for between 3 and 12 months without charging you a fee.
