1. Open a Personal Foreign Exchange Account
The first step is to open an account. Simply fill in the form on our Personal Foreign Currency Account page and agree to our terms and conditions. Alternatively, request a hard copy of our Trading Agreement and send it back fully completed via post or fax. All done? Great. Let’s move on.
To comply with anti-money laundering legislation we require proof of ID before we can open your account. A passport or driving licence (both parts) are acceptable. For proof of address we’ll need a copy of a recent bank statement or utility bill. If you wish, you can quickly and securely upload your documents via our website in order to speed up the application process.
2. Speak to a Dedicated Forex Broker
Once your personal foreign currency account has been set up, you will be allocated a unique trading account reference code to use whenever you buy or sell currency.
You will then get access to a dedicated forex broker who will provide you with all the help and guidance you need. Contact your broker whenever you’re looking to exchange foreign currency and they’ll use their expertise and in-depth market knowledge to help you make the most of your currency. Tell them what currency you need and how urgent it is and they’ll help you achieve the best value from any transaction you want to make.
3. Receive Your Funds
If you’re happy with our quote, you’ll receive a contract note via email, fax or post – whichever suits you best. Then all you have to do is complete the onward payment instructions form and return it to us. Once we’ve received your cleared funds we’ll forward your currency immediately via priority telegraphic transfer to the account you designated.
Now you know how to exchange foreign currency with Foremost Currency Group, simply click the button below to open an account and start saving money whenever you exchange foreign currency.
open a personal account