Foreign Currency Trading Services
Our foreign currency trading services are designed to support clients to meet their FX payments needs, whether for goods, services or direct investments. We access multiple pools of liquidity to secure sharper pricing, enabling our clients to benefit from seamless execution and fast, secure settlement of spot FX transactions across a range of major, minor and exotic currencies.
- Trade spot FX online 24/5 and settle Cash / T+1 / T+2
- Trade execution-only via phone or MonFX trading platform
- Contracts on G10, Emerging Markets and APAC currency pairs
- Local settlement nostro accounts at DBS
- Same-day settlement on all majors and extensive range of exotic currencies
MonFX settles the BUY currency on a real time basis by client instruction to:
- Client’s own account
- Client’s subsidiary or related company
- Third party payments (subject to compliance clearance)
CROSS-BORDER PAYMENT SERVICES
Our corporate cross-currency payments service benefits clients that regularly send and receive funds in foreign currencies. MonFX Pay is a fully integrated online payment platform, built specifically to streamline and execute the delivery of international payments.
By streamlining international FX payments, corporate clients can increase operational and cost efficiency across the business. Our automated, individual and batch payments service enables clients to pay overseas suppliers and invoices more efficiently, manage global payroll and multi-currency payments in over 60 different currencies across the world. Within MonFX Pay, clients can instruct FX trades and manage FX related payments, whilst benefiting from competitive pricing and access to our liquidity.
BECOME A CLIENT
Find out more about our full range of services by talking to one of our experienced FX specialists on +65 6914 0850