Services / Convert
Business Foreign Exchange
Buy and sell 35+ currencies at a margin agreed with you before you trade, typically 0.2% to 0.6%. Timing thought through with a named team, not left to whatever the bank's app shows on the invoice date.
01 / Convert
What is business foreign exchange?
Business foreign exchange is buying and selling currency to pay overseas suppliers, collect revenue from abroad or move capital between markets. BLK.FX handles it as a consultancy rather than an app: a named team prices each conversion, talks through the timing with you, and settles it the same day where the currency and payment rail allow.
Spot, forwards and orders
Very competitive rates on every conversion
Market analysis on your pairs
24/7 dedicated support
What it costs
How much does a bank really charge to convert currency?
Most banks take 1% to 3%, hidden inside the rate they quote. BLK.FX typically takes 0.2% to 0.6% (the margin, or spread), and we tell you what it is before you trade. Accounts, payments, strategy and 24/7 support cost nothing.
Who it is for
Who uses business foreign exchange?
Any business that buys, sells or gets paid in a currency other than their base currency. These are the four situations we hear about most.
Suppliers
Paying an overseas supplier
An invoice lands in a currency you don't hold. Convert and pay in one step, at a margin agreed before you commit.
Revenue
Collecting revenue abroad
Marketplaces, platforms or overseas clients pay you in USD, EUR or another currency. Convert it back to GBP without losing a cut on every transfer.
One-off
A large one-off conversion
Investor capital arriving, an acquisition completing, a transfer that has to land on a date. A named person on the call, not a queue.
Payroll
Regular payroll and contractors
Paying an overseas team on a schedule. The same margin and the same team every cycle, instead of a fresh rate to question each time.
Common questions
Business Foreign Exchange, answered.
What's the difference between a spot and a forward contract?
A spot contract converts currency now, at today's rate. A forward contract fixes today's rate for a payment you will make weeks or months from now, so a currency move in between can't change the number. BLK.FX arranges both; forwards are covered in more depth on FX Risk Management & Hedging.
Is there a minimum amount to trade?
There is no fixed minimum. The margin conversation is most worthwhile above roughly £10,000 a transfer, but book a call either way.
Which currencies can I convert?
35+ currencies, including GBP, USD, EUR, CHF, AED and CAD. If yours isn't listed, ask, most can still be arranged.
Who holds and regulates the money?
BLK.FX works only with regulated execution partners across the UK, the EEA and the US. Client funds are safeguarded under those partners' e-money and payment licences. Full detail is in the regulatory disclosures in the footer.
How quickly can I get a rate and settle?
A live rate takes minutes once you are onboarded. Settlement is same day where the currency and payment rail allow it, otherwise one to two working days.
Business Foreign Exchange
Find out what you are
currently paying to convert.
Bring what you buy, what you sell and roughly when. You will get a straight read on the margin, agreed before anything is traded.
Book a call with our team