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KRBFX FAQ

Who is KBR Foreign Exchange Limited?

KBR Foreign Exchange Limited is one of the market leaders in the foreign exchange sector, our preferential rates, personalised service and pro-active approach to your currency exchange requirements sets us apart from many of our competitors.

When do I need KBR Foreign Exchange Limited?

KBR Foreign Exchange Liited endeavours to help all businesses and private individuals who need currency to procure the best exchange rates.

Getting the best exchange rate on your currency purchase when importing goods is one of the most essential parts of business, after all, the cost of your goods is reflected in the retail price, and your profit margins. Whether you are buying properties abroad, migrating or making foreign currency payments then you need KBR Foreign Exchange Limited

Do I need to have currency ( Dollar, Euro or other currencies) accounts?

Contrary to popular belief, you do not need to hold currency accounts to trade with us?

How much does it cost to open an account?

There is no registration or monthly fees whatsoever with no obligation to trade.

How proactive is our service?

We assign each client a dedicated Account Executive, to maintain a single point of contact, for any of your needs. Often in modern day business, the personal touch has been lost; with KBR you will always speak to a real person, who will be able to help and explain all the procedures in jargon free, plain English.

How efficient is KBR Foreign Exchange Limited when sending my money?

Our payment systems have been proven over time to meet our stringent targets for reconciliation and delivery, we have a dedicated back office team, who check and process each payment individually, ensuring all the information is correct to make our payments both swift and successful, each and every time.

Our dealing team have a vast experience within the financial markets, particularly foreign exchange, and are more than happy to share their wealth of experience, and have their finger on the pulse of market news, ensuring you have information when you need it, enabling you to buy your currency at the best rate.

Some providers can fall short on their service, and pro-activity, this is where we come in. We deliver information when and where it is needed, and cater to the requirements of each individual client. Everybody is different and has different needs, and we appreciate that, providing in effect, a bespoke service.

Trading with KBR is a simple process; simply contact your Account Executive with your requirement, who will refer you to a member of the dealing team to arrange a trade.

How does it work?

Once your account is opened you, a dealer will contact you as part of our proactive service.

Agree the currency rate, amount and date you want to buy your currency verbally
You will be sent a “contract note” as confirmation of the trade which contains the details of the trade such as the rate, the currency you have purchased, and the funds needed to be sent to KBR Foreign exchange Limited to complete the trade.

The contract note also contains space to provide us with the onward payment details where you would like us to send funds, all that is then needed to complete the trade is to return this to KBR Foreign Exchange Limited and arrange for transfer of funds.

There are many ways to send funds to KBR, most clients utilise their online banking facility to send funds using CHAPS (same day), BACS (3 day), or FPS (instant transfer ie Fast Payment Service, please speak to your bank to see if they offer this facility).

How secure are my funds?

For added security, all funds received by KBR Foreign Exchange Limited are into dedicated accounts with our principal bankers, Barclays Bank Plc, this ensures your funds cannot be combined or drawn upon for any other purpose.

Will I get a confirmation of payment made?

We provide you with confirmation of all our payments, which are made same day, or next day depending on the currency you require, to ensure you are aware of the status of your payments at every step.

How easy is it to set up an account?

Setting up an account with KBR is easy, simply complete the relevant Application form (Corporate or Personal), and return it to us with a clear copy of photographic I.D for all authorised traders, and a proof of your business address (residential for personal clients).

An account with KBR has no minimum trade requirements, and is free to use as frequently as you need, be it for a one-off payment or regular transfers.

If you have any questions, or feel there is something we have missed, please ask us, we are only a phone call or e-mail away from helping you with your requirements, whatever they may be.

Please email us @ info@kbrfx.com or call us free on the number provided on our website

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