How to get a Limit Order

Open an account with us. It’s free and there’s no obligation to transfer money

Give us a call to find out the kind of rate we can secure
for you

When you’re ready to go ahead, instruct us to secure the rate

Make payment to us, then we’ll get your money to
where it needs to be!

Limit Orders

What’s the process for getting a Limit Order?

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How long will my money take to arrive?

International payments take longer than domestic payments in the UK. There are a number of variables, and the absolute maximum time it can take is set out in our terms and conditions. We also have to complete internal compliance, anti-fraud and anti-money laundering checks before payments are released, which we will do our best to advise you of in advance in complex cases. If your Limit Order “fills”, then once you have paid us for your currency and these checks are completed, typical payment times are shown below in working days, although we can’t guarantee these because we are relying on a chain of banks to process your payment through to its destination.

The receiving bank may not credit your funds instantly, but we can confirm the date on which they received them.

For Euro payments to the EEA, we use banking facilities in Germany to send your payment, to help reduce or avoid any bank charges at the receiving account. This does not add any extra time to payment processing.

Euro payments: same day if sent before midday, otherwise next day
US Dollar payments: same day if sent before 5pm, otherwise next day
Sterling payments: same day if over £30,000, otherwise next day
Other currencies: 1-4 working days depending on currency and destination

What happens if I don’t go ahead with the transfer?

If for any reason you place a Limit Order with us which “fills” and then don’t pay for it, we will need to sell the currency you ordered back to the market. Depending on market movement, that could create a loss, which you would be liable for, so it’s best not to place an order if you aren’t sure you want to go ahead for any reason. Please see our terms and conditions or call us for more information.