Does a higher membership improve my chance of approval?

No. Membership choice is your decision. Account capability and transaction approval are ours, and they turn on jurisdiction, industry, payment purpose, counterparties and documentation.

Can I switch membership later?

Yes. Switching applies from the next billing period. Where you move to annual billing mid term, the unused monthly portion is credited against the annual invoice.

What happens if my volume changes?

Pricing is reviewed against your actual activity. If your volume moves you into a different band, the desk tells you which membership now models cheaper. Nothing changes automatically.

Is the FX margin the whole cost?

No. The core FX margin is one component. Pay in, payout, SWIFT and correspondent charges are quoted separately and are identical across memberships. Every example on this page shows the components.

Who qualifies as Institutional?

Banks and deposit taking institutions, Money Service Businesses and Foreign Money Service Businesses, remittance firms enabling peer to peer cross border payments, foreign exchange firms including forex traders and trading platforms, and CFD brokers. Pricing is bespoke and requires consultation and enhanced approval before any capability is confirmed.

MEMBERSHIP

A recurring fee, a published margin, and a desk that answers.

Membership buys account capabilities, treasury support and a defined pricing schedule. It is not a commission model, so the cost of moving money does not rise with the size of your payment. Built for businesses moving $1M+ a year. Business Membership is the entry point on the way there.

WHAT IS FIXED, WHAT IS NOT

MEMBERSHIPFIXED MONTHLY OR ANNUAL

CORE FXPUBLISHED PER MEMBERSHIP

MOVEMENT FEESIDENTICAL ACROSS PLANS

APPROVALSEPARATE FROM YOUR CHOICE

MEMBERSHIP CHOICE IS YOURS. ACCOUNT AND TRANSACTION APPROVAL REMAINS OURS.

Choose your membership. We will help you compare.

Every approved business can choose the membership that best fits its expected activity and required service level.

MEMBERSHIP

Business

Business Plus

Treasury

Institutional

ANNUAL

USD 1,000

USD 3,000

USD 5,000

Bespoke

MONTHLY EQUIVALENT

USD 83

USD 250

USD 417

Bespoke

CORE FX MARGIN

0.50%

0.25%

0.10%

Custom

AED FX MARGIN

0.50%

0.25%

0.15%

Custom

SUGGESTED VOLUME

USD 250K to 800K

USD 800K to 1.33M

USD 1.33M and above

Banks, MSBs and FMSBs, remittance and FX firms, CFD brokers

TREASURY SUPPORT

Shared desk

Shared desk, priority queue

Named specialist

Named specialist and consultation

ACCOUNTS

Approved capabilities from the five

Structured with the desk

PAY IN AND PAYOUT

Quoted separately

SWIFT TREATMENT

From USD 35 or 0.05%

Structured with the desk

CHOOSE

Choose Business Learn more →

Choose Business Plus Learn more →

Choose Treasury Learn more →

Talk to Treasury Learn more →

ANNUAL MEMBERSHIP IS TEN MONTHS PAID IN ADVANCE, SO TWO MONTHS ARE INCLUDED ON EVERY PLAN. CORE FX MARGINS APPLY TO CONFIRMED CORE PAIRS. AED CONVERSIONS PRICE AT 0.15% ON TREASURY. NON CORE PAIRS, PAY IN, PAYOUT, SWIFT AND CORRESPONDENT CHARGES ARE QUOTED SEPARATELY.

PACKAGE RECOMMENDER

Enter your activity. We will model the cost.

MEMBERSHIP + FX + MOVEMENT FEES · MOVEMENT FEES ARE IDENTICAL ACROSS PLANS

ANNUAL INTERNATIONAL PAYMENT AND FX VOLUMEUSD 1,500,000

USD 100KBREAK EVEN · USD 800K AND USD 1.33MUSD 100M

AVERAGE PAYMENT SIZE

SHARE OF PAYOUTS ON USD SWIFT

BUSINESSAVAILABLE

USD 9,705

Membership, annualUSD 1,000

FX charge at 0.50%USD 7,500

Incoming movementsUSD 375

Local rail payoutsUSD 550

USD SWIFT payoutsUSD 280

BUSINESS PLUSAVAILABLE

USD 7,955

Membership, annualUSD 3,000

FX charge at 0.25%USD 3,750

Incoming movementsUSD 375

Local rail payoutsUSD 550

USD SWIFT payoutsUSD 280

TREASURYLOWEST MODELLED COST

USD 7,705

Membership, annualUSD 5,000

FX charge at 0.10%USD 1,500

Incoming movementsUSD 375

Local rail payoutsUSD 550

USD SWIFT payoutsUSD 280

OUR RECOMMENDATIONBased on the volume and billing option you entered, Treasury Membership produces the lowest modelled annual membership plus FX cost. You may still select another membership if it better suits your requirements. Banks, MSBs and other financial institutions are priced as Institutional.ASSUMPTIONS · 30 OUTGOING PAYMENTS · 15 INCOMING ON LOCAL RAILS · 22 PAYOUTS ON LOCAL RAILS AT USD 25 EACH · 8 ON USD SWIFT AT USD 35 EACH

Continue to apply

FIGURES ARE ILLUSTRATIVE. MOVEMENT FEES FOLLOW THE PUBLISHED SCHEDULE: PER MOVEMENT AT THE GREATER OF THE FLAT FEE OR THE PERCENTAGE: GBP FROM GBP 5 OR 0.05%, EUR FROM EUR 5 OR 0.05%, USD FROM USD 35 OR 0.05%, AED FROM AED 20 OR 0.08%, USD SWIFT FROM USD 35 OR 0.05%, CAD AT COST. YOUR SIGNED SCHEDULE GOVERNS. ACCOUNT CAPABILITIES AND FINAL PRICING REMAIN SUBJECT TO REVIEW AND APPROVAL.

Three businesses, three answers.

ILLUSTRATIVE · ANNUAL BILLING · 25% OF PAYOUTS ON USD SWIFT

EXAMPLE 01Importer moving USD 600,000 a year

Annual volumeUSD 600K

MembershipUSD 1,000

FX at 0.50%USD 3,000

Movement feesUSD 480

Modelled totalUSD 4,480

LOWEST MODELLED COST · BUSINESS MEMBERSHIP · ILLUSTRATIVE

EXAMPLE 02Wholesaler moving USD 1M a year

Annual volumeUSD 1M

MembershipUSD 3,000

FX at 0.25%USD 2,500

Movement feesUSD 800

Modelled totalUSD 6,300

LOWEST MODELLED COST · BUSINESS PLUS MEMBERSHIP · ILLUSTRATIVE

EXAMPLE 03Trading house moving USD 8M a year

Annual volumeUSD 8M

MembershipUSD 5,000

FX at 0.10%USD 8,000

Movement feesUSD 6,400

Modelled totalUSD 19,400

LOWEST MODELLED COST · TREASURY MEMBERSHIP · ILLUSTRATIVE

TERMS AND RENEWAL

What you are committing to.

Membership sits alongside the Master Services Agreement and your signed pricing schedule. Where those documents and this page differ, the signed documents govern.

COMMITMENTMonthly membership runs month to month. Annual membership is paid in advance and covers twelve months for the price of ten.

RENEWALMembership renews on the same terms unless you tell the desk otherwise before the period ends.

CANCELLATIONMonthly membership stops at the end of the paid month. Annual membership stops at the end of the paid year.

REFUNDSAnnual membership is not refunded on early cancellation. Unused months are credited if you upgrade.

PRICING REVIEWPricing is reviewed on a material change in volume, corridors, currency pairs or risk profile, and at each renewal.

GOVERNING DOCUMENTSThe Master Services Agreement and your signed pricing schedule govern. This page is a summary.

MEMBERSHIP QUESTIONS

Yes. The recommendation names the membership with the lowest modelled membership plus FX cost at your stated volume. It is guidance, not a restriction. Your preferred membership remains your choice.

Pick a membership, or let the desk price it with you.

Membership choice is yours. Account capabilities, currency pairs and transaction pricing remain subject to approval.

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