Common Queries

What is a Forward contract and how can they help me?

A forward contract is a customized financial agreement between two parties to buy or sell an asset at a specified future date and price. Unlike standardized futures contracts, which are traded on exchanges, forward contracts are over-the-counter (OTC) instruments, meaning they are privately negotiated and tailored to the specific needs of the parties involved.

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Are bank transfers safe?

In today's digital age, bank transfers are a common and convenient method for moving money. Whether you’re paying bills, sending funds to family and friends, or making purchases, bank transfers are widely used due to their speed and efficiency. However, with the rise of cybercrime and financial fraud, it's natural to wonder: Are bank transfers safe?

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What is an IBAN number?

Whether you're sending money abroad, receiving international payments, or conducting cross-border business, understanding the tools and systems in place is essential. One such crucial element in international banking is the International Bank Account Number, or IBAN. This globally recognized standard ensures that financial transactions are processed efficiently and accurately, reducing the risk of errors and delays. This guide will explain what an IBAN is, its structure, and its significance in facilitating smooth international money transfers.

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How do forward contracts work?

Firstly, let's establish what a forward contract is: A forward contract is an agreement to exchange one currency for another on a specified date, typically within the next 12 months, at a predetermined price known as the forward rate.

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Is Apex Currency safe?

Whether you're a business or an individual sending money globally, Apex Currency offers competitive exchange rates and a knowledgeable team to assist you according to your needs. However, when dealing with money, safety is paramount. So, the crucial question remains: Is using Apex Currency safe?

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Apex Currency Ltd is a company registered in England and Wales (registered company number: 14455052) – 30 Churchill Place, London, United Kingdom. Phone: 02081618700

Payment services for Apex Currency Ltd are provided by The Currency Cloud Limited. Registered in England No. 06323311. Registered Office: Stewardship Building 1st Floor, 12 Steward Street London E1 6FQ. The Currency Cloud Limited is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 for the issuing of electronic money (FRN: 900199)

Payment services for Apex Currency Ltd are provided by CurrencyCloud B.V.. Registered in the Netherlands No. 72186178. Registered Office: Nieuwezijds Voorburgwal 296 - 298, Mindspace Nieuwezijds Office 001 Amsterdam. CurrencyCloud B.V. is authorised by the DNB under the Wet op het financieel toezicht to carry out the business of a electronic-money institution (Relation Number: R142701)

Payment services for Apex Currency Ltd are provided by Sciopay Ltd. Sciopay Ltd is a company incorporated in England & Wales. Registration No.: 12352935. Sciopay Ltd is licensed and regulated by HMRC as a Money Service Business (MSB). License No: XCML00000151326. Sciopay Ltd is authorised by the Financial Conduct Authority as an Authorised Payment Institution. Firm Reference Number: 927951

Apex Currency Ltd's payment and foreign currency exchange services are provided by Global Currency Exchange Network Ltd T/A GC Partners. Global Currency Exchange Network Ltd is authorised by the FCA under the Payment Services Regulations, 2017 (FRN: 504346). Registered as a Money Services Business, regulated by HM Revenue & Customs ("HMRC") under the Money Laundering Regulations 2017. (Registration number is 12137189). Registered in England and Wales. Company number 04675786. Registered Office 3rd Floor 100 New Bond Street, London, England, W1S 1SP

Payment and foreign exchanges services are provided by iBanFirst Limited. Apex Currency Ltd is partnered with iBanFirst Limited as its payment and liquidity partner. iBanFirst Limited is authorised by the Financial Conduct Authority for the provision of payment services under the payment services regulation 2017 (Reference number: 504494) and supervised by the Financial Conduct Authority under the Money Laundering Regulation 2017.