Physical Foreign Exchange :

Transparency relating to Foreign Exchange is crucial for any businesses that deals with the global market. SAICMB Australia assists clients by making them aware of where the current Inter-Bank Rates are trading from either a spot perspective or for future end date related transactions. We help businesses to “project” for future currency fluctuations by using the extensive information we have at out fingertips.
With our liquidity providers we will ensure that the rate you get will be more than competitive to what you may be currently used to. When dealing we will advise as to where the current Inter-Bank Market is trading and the rate that you will transact with us.

With a simple process of our clients having a Multi-Currency Account or if companies need to transfer between branches we are able to provide Importers and Exporters with extremely competitive rates to facilitate them with their FX transactions. The ultimate benefit of this is that the client is always in control of their funds

THE PROCESS paying and receiving VIA MULTI CURRENCY ACCOUNTS

IMPORTERS

Importer transfers funds (AUD) to our Licensed Liquidity Provider. The AUD currency is exchanged at a rate agreed by both the Importer and the Liquidity Provider back to the Importers Multi-Currency Account. The Importer will then pay the recipient.

EXPORTERS

Foreign Currency is transferred to the Licensed Liquidity Provider from their Multi-Currency Account, the Currency is exchanged at a rate agreed by both the Exporter and the Liquidity Provider back into the Clients AUD Currency account.