Getting latest data loading
Home / Special reports pages / International Money Transfers – P3 – How Transfer Works

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

International Money Transfers – P3 – How Transfer Works

How the Transfer Works

 When you receive an international invoice that needs to be paid to an overseas account in foreign currency, you become exposed to market risk. FX rates can change between the time you receive the invoice and the time you arrange the payment, affecting your financial position.

You can minimize that risk by contacting your dedicated FX broker or simply logging into the online payment processing system to arrange FX conversion and funds transfer at the time and rate that is most favourable to your needs.

Here’s how the international transfer works when working with a dedicated AccendoFX broker, in a few simple and easy-to-follow steps. Following these guidelines, you can be confident that your payment will be delivered according to your exact instructions and the FX conversion process will be conducted by an experienced financial professional with in-depth understanding of optimal market timings.

« Back to Category

This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

Comments are closed.

Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage.
Spread bets and CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 67% of retail investor accounts lose money when spread betting and/or trading CFDs with this provider. You should consider whether you understand how spread bets and CFDs work and whether you can afford to take the high risk of losing your money.
.