Time-Option Forward Contracts

You may reserve a time-option forward contract. This contract allows greater flexibility in paying and could save you a lot of money if the exchange rate drops before you need to send the money overseas.

For example, a property developer may give you a date of February 2012 as an approximate completion date but may tell you it could take a bit longer. Your currency dealer is likely to recommend that you set a date for your time option forward contract of May 2012.

This means that you can buy your currency, at today’s rates, with just 10% deposit. You can then settle the currency contract anytime before the maturity date (This example: May 2012), with no penalty. If the house is built earlier than expected, all you have to do is send us the other 90% of the money, and we will change it at the rate that was agreed, then send it onto wherever you ask us to.

Live currency exchange rates are shown in the table below. They are updated every 12 minutes and display the mid rate between the buy and sell rates. If you would like a quote for the best foreign currency exchange rates today when buying a time option forward currency contract, please contact us. Global Currency Exchange Network: No commission and No transfer fees.

Is it safe?: Security & regulations information. Make Transfers: OPEN A CURRENCY EXCHANGE ACCOUNT HERE [currency_table]

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About our services

Our service is very simple and is used every working day by hundreds of clients. Once you have registered with FX-Foreign Exchange, you will be given a client number. You can then choose from a number of options to make your currency exchange. You can:

- Telephone, or email us, with your request to exchange one currency for another
- Use our online currency exchange system, designed for spot trades below the equivalent value of £4,000.
- Use one of our forms online, and we will call you back.

When you decide to go ahead, this is what happens next:

- We will speak with you and offer you a fixed exchange rate for your currency deal. (We always aim to beat the high street banks)
- If you decide to go ahead, we will create a contract to buy, using your client number and will email this to you as a copy of the trade.
- You then transfer to us, the agreed amount of the currency that you are selling.
- When the money arrives in our secure client account, we exchange it for the currency that you wish to buy at the agreed exchange rate.
- We then send the money straight to the bank account that you instructed us to send it to, with no charge for transferring abroad and no commission.

More on foreign currency services

With years of experience and a dedicated team, let Global Currency Exchange Network take care of your money transfers.


How can you save when transferring money to another currency abroad?
Getting started FAQ's: Is it safe? What do I need? Where are we based? How can I contact you? What does it cost? What amount can be sent?	Fixing your currency rate: Can I buy forward? Are there guarantees? On what is the rate based? What currencies do you deal with? What restrictions exist?	More about money transfer: How do I add funds? What method can I use? How long will it take? Do I need a bank? Do you accept credit cards? Is there a fee?	Receive currency answers: When will funds arrive? What is the commission? Where can I send money?
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