Currency Service

Our Currency Service provides access to competitive exchange rates when transferring money between overseas bank accounts and assists clients who are looking to mitigate currency risk.

Talk to an Adviser:

+44 (0) 20 8051 3095

Email us:

[email protected]

Who is this suitable for?

Designed for those seeking to exchange money between overseas banks account and / or protect themselves against currency market fluctuations, this Service is ideal for clients making one-off or regular transfers.

We understand that the foreign exchange industry can be complex and confusing, and our aim is to help remove as many pain points as possible.

Currency Risk

Hedging currency exposure may not be appropriate for everyone. If you are thinking of using hedging products to manage your currency risk, please ensure you fully understand the risks involved.

What is included with our Currency Service?

Our Currency Service provides access to a friendly and knowledgeable team who can assist with foreign exchange transactions. Whether you are seeking to transfer money for business or leisure, the Service offers the following benefits:

Suitable for private individuals and businesses
Direct access to a dedicated and hands-on team
Transactions available in 34 currencies
Includes all major currency pairs

In addition, we can discuss alternative methods to help reduce or mitigate currency risk should you wish to protect against adverse movements in exchange rates.

What is unique about our Currency Service?

Currency transfers can be expensive as banks, FX brokers, and many of our peers make a substantial margin on exchange rates.

Independent ownership means we can prioritise the needs of our clients ahead of external parties. We are committed to providing you with a fairer deal, which is why our rates are some of the most competitive in the market.

We can make currency payments to bank accounts held in your name or to a third party on your behalf, executing transactions in GBP / EUR / USD and many other currencies, including South African Rand (ZAR), Thai Baht (THB) and Hong Kong Dollars (HKD).

Independent ownership means we can prioritise the needs of our clients ahead of external parties. We are committed to providing you with a fairer deal, which is why our rates are some of the most competitive in the market.

Killik & Co

Introducing our Currency Service Team

The Currency Service sits within our Trading Services team, which is home to some of our most active and engaged clients.

We launched our Currency Service in 2014 to create a smooth process for our clients when dealing with currency transactions.

Georgina Sexton and Jabed Islam take pride in delivering a friendly, tailored, and efficient service, as they strive to deliver a level of service that they would be happy to receive themselves.

How our Currency Service works

Our Currency Service is accessible to both existing and new clients.

For the purpose of this service, we use preferred third-party providers to facilitate the provision of liquidity and to provide the mechanisms for the transmission of payments. You will become a client of the third party for these purposes only – all contact will be through Killik & Co. Killik & Co and our third-party providers are authorised and regulated by the Financial Conduct Authority (FCA).

Payment services for Killik & Co LLP (non-MiFID) 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).

For clients based in the European Economic Area, the issuance of e-money and the provision of related payment services for [UFXB NAME] are provided by CurrencyCloud B.V. CurrencyCoud B.V. is registered with the Dutch Chamber of Commerce in the Netherlands under number 72186178. Registered office Mr. Treublaan 7, 1097 DP, Amsterdam, Netherlands. CurrencyCloud B.V. is licensed and regulated by De Nederlandsche Bank as an Electronic Money Institution (Relation Number: R142701).
For clients based in the United States,Payment services in the United States are provided by Visa Global Services Inc. (VGSI), a licensed money transmitter (NMLS ID 181032) in the states listed here. VGSI is licensed as a money transmitter by the New York Department of Financial Services. Mailing address: 900 Metro Center Blvd, Mailstop 1Z, Foster City, CA 94404. VGSI is also a registered Money Services Business (“MSB”) with FinCEN and a registered Foreign MSB with FINTRAC. For live customer support contact VGSI at (888) 733-0041.
For clients based in the United Kingdom and in other jurisdictions where Killik & Co LLP provides payment services, these services are provided by The Currency Cloud Limited. Registered in England and Wales 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).
When funds are posted to your account, e-money is issued in exchange for these funds, by an Electronic Money Institution who we work with, called Currencycloud. In line with regulatory requirements, Currencycloud safeguards your funds. This means that the money behind the balance you see in your account is held at a reputable bank, and most importantly, is protected for you in the event of Currencycloud’s, or our, insolvency. Currencycloud stops safeguarding your funds when the money has been paid out of your account to your beneficiary’s account. Terms of use can be found here
Complaints - Killik & Co and Currencycloud are dedicated to providing a high level of service. If you are not satisfied with the level of service you have received, we are your first port of call for any queries or concerns, including complaints. We will handle these complaints in line with our complaints process. Please contact us at [email protected] and we will acknowledge receipt of your complaint within 1 business day. We will then write with our response to your complaint within 15 business days of receiving it (35 business days in exceptional circumstances). Where you are not satisfied with the response you receive you have the right to refer your complaint to the Financial Ombudsman Service. Further information can be found here: www.financial-ombudsman.org.uk

We work with Currencycloud, who ultimately provides you with regulated payments and e-money services. Currencycloud has certain obligations as a regulated financial services institution, including around complaints. We keep them informed of the complaints we receive from you regarding the regulated payments and e-money services they ultimately provide to you. They oversee how we handle complaints to ensure we do this to the standard required under the regulations. However, if for any reason your complaint regarding your payments and e-money services has not been acknowledged or dealt with by us, or if you have concerns about the way it has been handled, Currencycloud’s complaints information can be found here.