Creating a foreign currency transfer with HedgeFlows takes a couple of minutes. You can create a new transfer by clicking FX Transfer in the main menu or on the relevant currency tile.
The following steps describe the process of transferring foreign currency via HedgeFlows:
- Select the currency and amount you want to send.
- Select or create a recipient with the required payment details.
- Review the details of your transfer
- We will confirm the transfer in seconds and also send you a confirmation email.
- Transfer the required funds to the required bank account. Please make sure to include the correct unique payment reference to avoid delays.
- Once the funds are cleared, we purchase the foreign currency when wholesale markets are open and then automatically process your transfer(s).