How does it work?
How does it work? 1
Deposit funds into a freemarket segregated client escrow currency account, located in London. (Using your unique payment reference provided or freemarket account number.)
Individual
Small business
e.g. Personal account holder.
e.g. SME paying an overseas supplier direct.
£5000+
Large Business
€50,000
£
€
e.g. Global company purchasing currency top up for business bank account.
$500,000 $
We send a confirmation email once deposits are received.
2
Book an exchange instruction via your online platform. You decide the amount you wish to exchange and which beneficiary bank account to deliver the funds to.
(We support an evergrowing number of currencies.)
We send a confirmation email once exchange is booked.
3
You are then entered into the next scheduled exchange. freemarket will endeavour to aggregate all client currency requirements to achieve the best possible match for all involved.
Mid-Market
Wholesale If 0% of your funds are matched you will benefit from direct access to a wholesale rate.
If 100% of your funds are matched you will achieve the mid-rate on your exchange.
We send a confirmation email once exchange is complete.
4
freemarket pays out to your nominated beneficiary bank account. For most major currencies this will be same-day by 2pm.
£
€
$
We send a transaction confirmation & breakdown of your exchange.
freemarketFX Limited is authorised by the Financial Conduct Authority Firm No. 585093. freemarketFX Limited is a company registered in England and Wales Company No. 07289573.
Deposit funds into a freemarket segregated client escrow currency account, located in London. (Using your unique payment reference provided or freemarket account number.)
Individual
Small business
e.g. Personal account holder.
e.g. SME paying an overseas supplier direct.
£5000+
Large Business
€50,000
£
€
e.g. Global company purchasing currency top up for business bank account.
$500,000 $
We send a confirmation email once deposits are received.
2
Book an exchange instruction via your online platform. You decide the amount you wish to exchange and which beneficiary bank account to deliver the funds to.
(We support an evergrowing number of currencies.)
We send a confirmation email once exchange is booked.
3
You are then entered into the next scheduled exchange. freemarket will endeavour to aggregate all client currency requirements to achieve the best possible match for all involved.
Mid-Market
Wholesale If 0% of your funds are matched you will benefit from direct access to a wholesale rate.
If 100% of your funds are matched you will achieve the mid-rate on your exchange.
We send a confirmation email once exchange is complete.
4
freemarket pays out to your nominated beneficiary bank account. For most major currencies this will be same-day by 2pm.
£
€
$
We send a transaction confirmation & breakdown of your exchange.
freemarketFX Limited is authorised by the Financial Conduct Authority Firm No. 585093. freemarketFX Limited is a company registered in England and Wales Company No. 07289573.
