Whoever called first
Many businesses work with the dealer who made contact at the right moment. They may be capable, but the relationship began through timing rather than comparison.
Corporate FX procurement
Most businesses choose their FX provider from a shortlist of one.
Corporate FX is difficult to compare and easy to overcomplicate. Conduit reviews your FX arrangement, compares suitable providers and stays involved as your needs change.
Speak to Conduit Provider-paid · no client fee · no obligation to change anything.
Start with what's in place
Is your current FX arrangement still right for the business?
What we review before anything changes
- PricingThe margin within your exchange rate, and any additional charges.
- Credit termsThe facility available, deposit requirements and when additional funds may be needed.
- Products and servicesThe currencies, FX products and payment services the business needs.
- Dealing relationshipWho handles your account, their experience and the support available.
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No preferred solution. Only what fits the business.
How the market actually works.
Providers price for how your trades affect them
When a client's trades help balance a provider's own positions, pricing and credit may be stronger. When they increase the provider's exposure, it may widen its margin to make the credit terms worthwhile. Unused facilities may also be reduced or withdrawn.
Relying on one provider affects terms
Putting all your FX through one provider concentrates counterparty risk and can make a large credit facility harder to price keenly. Using more than one suitable provider can reduce that reliance, make credit less vulnerable to a change in terms and preserve a current market comparison.
ConversationReviewRecommendationChoice
Four steps to a decision that stays yours.
Conversation
How the business handles currency today — pairs, rough volumes, timing. Nothing to prepare.
How the business handles currency today. Nothing to prepare.
Review
We establish how the current arrangement performs and measure it against the wider market, identifying where another provider could improve pricing, credit, product capability or service.
We assess the current arrangement against the wider market to identify where another provider could add value.
Recommendation
We identify suitable providers against the business's requirements across pricing, credit, products and service. Where a like-for-like comparison is appropriate, competition can improve commercial terms. We explain the differences, highlight the strongest fit and introduce you to the people who would manage the relationship.
We identify suitable providers, explain the differences and arrange introductions where there is a strong fit.
Choice
You decide whether to proceed, complete your own due diligence and contract directly with any provider you choose.
You decide whether to proceed and contract directly with any provider you choose.
Support beyond the introduction.
Conduit remains available for material commercial matters and periodic reviews as your requirements change. Day-to-day dealing and account administration remain with your provider.
- Commercial questionsA second opinion on material changes to pricing, credit or terms.
- Senior accessWhere a material matter needs additional attention, we can help connect you with the appropriate senior contact.
- Reviewed as you changeAs volumes and currencies change, we can review whether the arrangement still fits.
Particularly useful for
- Importers and exporters
- Manufacturers
- Private equity and portfolio companies
- Wholesalers and distributors
- Technology, travel and professional services
These are examples rather than limits. We work with UK businesses trading between £1m and £250m in FX each year, or where smaller volumes involve more complex requirements. Because Conduit is only paid when a business chooses to trade, we are selective about where we can add value.
What changes, and what does not.
- If the provider pays you, why would you act in my interest?
- We are paid by the provider when a business introduced by Conduit chooses to trade. There is no fee to you; your contract and trading relationship are directly with the provider. Our reputation and future business depend on that relationship working over the long term.
- Does the fee come out of my rate?
- No. The fee is paid from the provider's own margin, not added to your pricing. You are not billed by Conduit at any stage, and there is no retainer.
- What if my current arrangement is already good?
- Then we will say so and preserve what works. We will also identify any material credit, counterparty or service risks that are not reflected in the rate.
- What happens after the introduction?
- Your provider handles day-to-day dealing and account administration. Conduit can assist with material commercial matters and review the arrangement when your requirements change.
We are paid by the provider when a business introduced by Conduit chooses to trade. There is no fee to you; your contract and trading relationship are directly with the provider. Our reputation and future business depend on that relationship working over the long term.
Your enquiry and review are confidential. We never publish client names, and share details with a provider only with your permission — which is why you will not find a wall of logos on this page.
One conversation, then a clear view.
Speak directly with Conduit about how your business handles currency. If what you have is already working well, we will say so.
Email hello@conduit.co.uk