Corporate Client

Are you maximising profits and minimising costs when executing your foreign exchange requirements?

Astonishingly many corporations still use high street banks and are happy to accept uncompetitive rates. We are confident of offering you the most attractive rates when purchasing currencies and there are no hidden costs or transfer fees.

ODL can advise on a variety of products which can help protect against adverse currency swings and those implications affecting the profitability of a commercial contract.

Private Client

Research indicates that most private individuals use their high street banks for foreign exchange whether it’s for holiday currency or to make a significant purchase abroad such as a property or vehicle.  Whilst the savings on exchanging £300 for Euros is not significant the expense of converting currency for a €250,000.00 property purchase certainly would be.

Executing a physical currency transaction through ODL Securities would typically incur a narrower spread (lower cost) than that offered by your high street bank or current foreign exchange provider. The spread is simply the difference between the sell prices and buy price of an asset.

But is not just the rate which is important, timing is as crucial and protecting against averse possibilities. A case study reveals a couple purchasing property abroad who did not consider the implications of a fluctuating exchange rate, allowed an adverse move over a 6 month time scale in the Euro to increase the cost of their purchase on an amount of €250 000 by £12,500.

ODL are positioned at the forefront of the foreign exchange market, and customers will have access to our dealers intermit knowledge of what essentially may effect the cost of a purchase abroad. We will advise on suitable products to help protect against such costly scenarios.

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