The world of currency exchange can be perplexing. But using a foreign exchange specialist shouldn’t be. From the first point of contact we have with you, to all transactions you make in the future, we’ll provide you with a bespoke and personable service that will guide you through tricky FX areas.
Here’s how it works:
Registering with Privalgo
First things first, you’ll register an account with us. Easy to do, this entails entering in some details, uploading a form of personal ID, and setting up a two-step authentication for extra security.
You may not have done this step if you’ve been introduced to us by one of Privalgo’s partners. If this is the case, one of our Relationship Managers will send you the link to register and guide you through the process.
Once you have registered, we’ll arrange a phone call for you to speak with a Relationship Manager.
We will discuss your foreign exchange requirements. More specifically, the currencies you wish to convert and the timescales you are working with. We’ll also get to know a bit more about you and the reasons why you are using a foreign exchange specialist.
Creating a strategy
From here, we will discuss your currency exposure — in other words, the kind of risks that could apply to your transactions. We will also take you through the historic performance of the two currencies you are planning to trade.
This will enable us to help you form a foreign exchange strategy. We may suggest certain solutions that could specifically help your situation.
Setting up an Insight account
Once we’ve gauged your requirements, we will set you up on Insight, our client portal.
Here, you will be able to see all the currency rates that are available to you. Should you so wish, you can use Insight to make future transactions, taking advantage of our leading currency rates.
Making a transaction
Once we’ve verified your account, we will be able to receive and exchange funds on your behalf. You will be able to send funds to us and we will undertake the transaction. From there, you can instruct us to make further payments through Insight, our client portal.
£2 Billion +
Over a Billion Pounds of Currency Exchanged Since 2019
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Authorised & Regulated by the Financial Conduct Authority
The Simple Steps
1. Register Online
Quick and simple onboarding in just minutes at no cost.
2. Select Transfer
Select the currency you need to buy, get the best exchange rate & tell us where you need it to go.
3. Fund your Account
Fund your Privalgo account via Bank Transfer.
4. Transfer Complete
Once we receive your funds, we make the currency transfer.