How RationalFX Delivers Bank-Beating Exchange Rates:
- Tighter on FX spreads - clients given a rate that is as close to the market rate as possible - and no fees are charged.
- As a specialist the company suffers only a fraction of the overhead costs of banks and large FX bureaux.
- Your account manager will help you avoid negative market movements. Tools such as buy orders will help you take advantage of currency market movements - tools that your bank offers big institutional clients but not you.
Banks make their money via the large spread they add to the wholesale market exchange rate when they offer you a retail rate. But, RationalFX consistently under-cut these exchange rates as they are specialists in FX delivery and management.
The figures in the above table are indicative of the savings RationalFX are able to offer their clients by actively seeking out the best wholesale market rates and passing them on.
Note: All funds are held in a third party account at Barclays ensuring your money is ring-fenced from our own funds. RationalFX is authorised by the FCA (507958) and HMRC as a Money Services Business (12206957). The company is a SWIFT payments member (RFXLGB21).
With a turnover of $1.9bn in 2015 and expectations to increase this to $2.6bn this year, it is clear that RationalFX is successfully making its mark on the money transfer industry. To date, the company has transacted $10bn, is growing organically with two offices in London and more in Birmingham and France.