WHAT WE DO
Sterlex offers a fully integrated FX solution for our clients, allowing businesses to process international payments efficiently and effortlessly.
Streamlined FX Payments
Streamlining FX payments allows you to improve the operational and cost efficiency of your business. Our online platform allows for automated, individual, and batch payments to make overseas payments effortlessly.
Corporate and Private Client Foreign Exchange Transfers
If you are a business processing salaries, overseas payments, or simply making transfers, then Sterlex offers the perfect solution. Manage all aspects of your overseas currency transactions on one simple, user-friendly platform.
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For private clients purchasing goods, services, or even property abroad, we also offer a one-stop platform for managing overseas currency transactions.
Multi-Currency Account
Receive different currencies into your company or private named collection account - using just one account number for all currencies.
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A Multi Currency Account is one set of bank details allowing receipt of any currency from anywhere in the world. This allows our client to receive any currency without the risk of loss of capital through multiple conversions or transfers.
Risk Management
The smart FX solutions are designed to mitigate Foreign Exchange risk in order to protect profits, improve the overall business efficiency, and managing cash flow. Our service providers have strict governance and operational processes in place to scrutinise the accuracy of each of their transactions, with appropriate involvement from Compliance. Compliance with our service providers governance and processes is regularly audited.
1. Registration
Onboarding Process
2. Booking the currency
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The registration is a quick and straight forward process for both corporate and private clients. To start the registration process simply click the 'Create an Account' button on our home page or get in touch via our contact us page and one of our team will help you every step of the way.
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The online platform is simple and straight forward to use to receive live quotes for exchange rates of your choice. Alternatively, all Sterlex clients have the option to execute over the phone or via email at no extra cost. Accept the quote to lock in the price and protect you against future market fluctuations. An automatic trade confirmation note will then be delivered to you via email.
3. Settle the transaction
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As soon as the currency is booked and the beneficiaries bank details are entered, you will be prompted to send the amount of sold currency. The beneficiaries bank details will be saved for ease for future payments. Your funds are safeguarded by our FCA-regulated e-money partners at a credit institution - offering industry standard security.
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4. Payment
As soon as your funds have been received, we will immediately process the payment, in the chosen currency to your nominated beneficiary.