Payment Services areprovided by Equals Connect Limited, registered in England and Wales (registeredno. 07131446). Registered Office: Vintners’ Place, 68 Upper Thames St, London,EC4V 3BJ. Equals Connect Limited are authorised by the Financial Conduct Authorityto provide payment services (FRN: 671508).
From same-day spot deals to forward contracts that protect against market volatility, our FX services give you flexibility and control. We offer:
Foreign Exchange services are available to UK-based limited companies and eligible sole traders who need to send or receive payments in foreign currencies. You’ll need to demonstrate a legitimate business need for international transactions. There is no minimum turnover required, but transaction volume and frequency help determine the best-suited FX solution.
Once onboarded, you’ll be assigned a dedicated account manager to tailor the setup to your currency needs.
You can transfer from £5,000 up to several million pounds per transaction. There is no strict upper limit, though higher-volume transfers may require additional KYC (Know Your Customer) checks. Multi-currency wallets also allow you to receive and hold various currencies, so you can manage your FX exposure proactively.
Larger or frequent transactions may qualify for reduced FX margins and access to additional tools such as limit and stop-loss orders.
Spot FX payments can usually be completed the same day, with many reaching the recipient almost instantly once cleared funds are received. You’re quoted a live rate and typically have two working days to settle.
We also offer Spark Payments Online, a 24/7 platform allowing you to:
Whether you trade in euros, US dollars, or niche currencies, we help you manage exposure, reduce risk, and improve global cash flow management.
FX services can be used for a wide range of commercial purposes, including:
We offer fixed and transparent trading margins tailored to your business profile. Unlike banks, our FX margins are typically lower, and we do not charge hidden fees.
A deposit (margin) may be required for forwards, generally a small percentage of the total amount.
Available FX contract types include:
This will redirect you to our Global Online Payments platform.
Fill in your email address and create a secure password.
Once logged in, you’ll be prompted to complete a short form with your business information.
Next, you’ll provide details about your FX needs, including which currencies you use, how frequently, and transaction volumes.
Once confirmed, you’ll be ready to access and use the platform.
A fixed forward locks in an exchange rate for a specific amount on a specific future date.
A flexible forward also fixes the rate but gives you the flexibility to draw down part or all of the amount at any time during the agreed period - ideal for businesses with uncertain timing or value of payments.
Yes. Our Spark Payments Online platform allows 24/7 access to FX tools, including batch payments, dual authorisation, and wallet management. This makes it easy to track, approve, and process international payments securely and efficiently.
The main risk is opportunity cost. If the market moves in your favour after you've locked in a forward rate, you can't benefit from the improved rate. Also, forward contracts are binding and should not be used for uncertain or speculative payments.
Yes, with limit and stop-loss orders. These tools allow you to set thresholds so trades execute automatically when your desired rate is hit (limit) or if the market moves against you (stop-loss), providing protection and opportunity without constant monitoring.
You can send and receive payments in 40+ currencies across over 120 countries. This includes major currencies like USD, EUR, JPY, and emerging markets. Your account manager can help determine the most efficient route and method for each transaction.
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"Comparing foreign exchange providers empowers businesses to secure the most competitive rates and effective currency solutions. By evaluating pricing, contract options, and platform features, companies can minimise FX costs, manage risk, and optimise international transactions with greater confidence."
