Foreign Exchange Solutions

Foremost can look after all your Foreign Exchange (FX) needs.  With our tailor-made service, we’ll work closely with you to give you commercial rates of exchange, help manage the risk and protect your business profitability. 

Making international payments: how it works

If you need to pay a specific overseas beneficiary, pay money into a holding account, or pay foreign invoices, we’ll transfer the money to the account of your choice. 

To help you make international payments, smoothly and efficiently, Foremost will:

• Offer you a choice of 20 different currencies
• Transfer the money through our banking payment partners, using the SWIFT banking network
• Include reference information such as invoice and purchase order numbers to help speed up the transaction
• Confirm your order by mail, fax or email, listing clearly exchange rates and fees for each transfer
• Supply Proof of Payment on all orders to confirm that your transaction has been successful

Managing the risk: helping you maximise market opportunities

You can choose from a variety of contracts to help you eliminate and manage the risk of dealing with fluctuating currencies. After talking to you in detail about what you want, we’ll use our knowledge and experience to make suggestions, so you can decide what would suit you best.  Click on Types of Contract.