Limit Order | Overview | Foreign Exchange And Currency

Limit Order

A Limit Order lets you arrange for a foreign exchange transfer to take place when the exchange rate reaches a certain level. You can place two Limit Orders at the same time - one to 'take a profit' and another to 'stop a loss'.

How it works

You tell us the amount you want to transfer - and how much you want to receive in the new currency. We'll work out what the exchange rate has to be to give you this amount. And as soon as the rate reaches this level, we'll make the transfer on your behalf.

You can also tell us the minimum amount you'd be happy to receive in the new currency. We'll work out the exchange rate that would give you this amount. And if the market moves in this direction, we'll make the transfer when this rate is reached.

What it's good for?

When you'd like to convert your money at a specific exchange rate - and you don't need to make the transfer immediately.

The details

Minimum transfer amount is USD 100,000 (or the currency equivalent) Maximum transfer period is 12 months.

Got a question?

You can find the answer in our list of FAQs
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Talk to a specialist

Have over £60,000 (or currency equivalent) to transfer? Talk to our foreign exchange Specialists, between 8am and 5pm GMT, Monday to Friday.

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