Settlements

The settlement process is simple, straightforward and completely secure.

The settlement and handling of your transaction is of primary importance to you. At OSTC Foreign Exchange we recognize this and will go to great lengths to ensure that you have complete peace of mind that your payment will reach its destination correctly, promptly and securely.
The settlement and monitoring processes that go on behind the scenes is therefore vital. The settlement process for all our clients' foreign exchange transactions is clear and seamless.

  • Agree an exchange rate with your dealer and receive an email confirmation.
  • Receive a comprehensive trade acknowledgement with details of where to remit your funds.

If you are making or receiving payments to the same suppliers on a frequent basis, beneficiary mandates can be set up and saved for future use to smooth and speed up the settlement process even further.

 

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