We’ll watch the currency markets for you
Peace of mind while you enjoy your time off
Currency markets continue to fluctuate even when you're away from the office. So, it makes sense to have someone watching the markets for you while you’re away.
Help secure a target exchange rate and help protect your profits
Market Orders can help you capture your target exchange rate by taking advantage of our 24 hour market monitoring facility around the world. Let us save you time by watching the currency markets on your behalf.
Market Orders in action
Choose a target exchange rate for a specified amount of currency by contacting your Account Manager or completing and submitting a Market Order form.
We’ll monitor the market on your behalf.
If your target rate is achieved, we’ll purchase your funds on your behalf.
FEATURES AND BENEFITS
- We monitor exchange rates 24 hours a day, 5 days a week*
- If your target rate is achieved we’ll lock it in for you
No upfront costs and no obligation if your target rate is not reached
Important to remember
Market Orders can be placed for any length of time up to 60 days but we recommend a review every 4 weeks to reflect changes to currency markets and your FX exposure.
Consider a Forward Contract
If the target rate is achieved, you might consider locking in the exchange rate for up to 12 months using a Forward Contract. This could be beneficial if you need to secure the exchange rate for more than one invoice, for example.
Western Union Business Solutions (WUBS) is the issuer of the products discussed in this video and would be a counterparty to any transaction you undertake with us. Any advice or recommendation provided by WUBS is provided in a manner solely incidental to the role of WUBS as the issuer of the relevant product and counterparty to the relevant transaction, and therefore WUBS has a financial incentive to enter into a transaction with you. You should use your independent judgment and consult with your own independent advisors in evaluating whether to enter into a transaction with WUBS. Customers may be required to meet certain eligibility requirements in order to enter into foreign exchange transactions with WUBS.
This video is not directed to, or intended for distribution to or use by, any person or entity who is a citizen or resident of or located in any locality, state, country or other jurisdiction where such distribution, publication, availability or use would be contrary to law or regulation or which would subject WUBS or its affiliates to any registration or licensing requirement within such jurisdiction.