International payments for

Art & Home furniture

Sterling FX has expertise in assisting companies that operate from the UK but have clients and suppliers abroad.

Our clients involved in the art world host exhibitions for their artists in their London based galleries, however their network of prospective buyers are based all over the world.

The gallery has to manage inflows from purchases of art in various currencies as well as pay out flows of commissions/ salaries to the artist, fellow agents or payroll for colleagues based aboard.

Larger galleries will have global locations and will have multiple currency accounts to manage these currency inflows and outflows. In this instance, Sterling FX would look at how inter currency account transfers are conducted. For example, if more buyers are paying for pieces of art in US dollars, the company US dollar account will have more funds than say, the company GBP account. If the company then wishes to fund their GBP account rather than go through their bank Sterling FX would save them money on the rate and marketing timing of this requirement.

Furthermore, if there are specific pieces of work that need to be transported, or there are monthly storage costs at a specific location, Sterling FX can assist the business by offering quick execution and transparent pricing. Our online platform, always shows the market rate, and a single rate of exchange - there are no fees.

As another example, Sterling FX works with a high end Italian furniture company. The business is UK based and sends buyers out to various furniture fairs in Milan to purchase pieces ranging from coffee tables to marble worktops.

In this instance, this customer uses us for spot fx transactions to pay their suppliers and for the general intra currency bank transfers as and when needed. Since they have instant requirements, they add alerts on the online profile which are triggered when the desired exchange rate is reached. An authorized user will then log in and execute the transfer online.

If your business has a global supply chain, give us a call +44(0)207 723 3000 and give us the opportunity to add value to your bottom line.

What can you expect?

Bespoke
service

24/7 global
payments platform

Our network of
liquidity providers

Transparent
pricing

Trade
analysis

Track record
of 40 years+

Smart
technology

Bespoke
service

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24/7 global
payments platform

Our network of
liquidity providers

Transparent
pricing

Trade
analysis

Track record
of 40 years+

Smart
technology

FAQ's

Our technology

Our online platform was built by us and is owned by us which means that we are completely in control when it comes to offering our clients an easy to use interface. efficiency. speed and security when it comes to sending money abroad. Make use of our clever dashboard tools to mitigate any exposures you may face.

Price transparency

We want to save your business time. energy and money. Our completely transparent model means no hidden fees. We have an up front fixed fee model that is based on your company requirements and profile. This means that any time you transfer you know exactly what will be charged from our end.

Our people

Every business is only as good as it's people and we have invested heavily in a knowledgeable team of individuals who understand business and want to implement clever cost cutting solutions. Our on demand service means you can place your international payments online 24/7 or call into our dealing desk.

Core values and expertise

With over 30 years in this sector we live and breath the foreign currency markets. We are genuinely interested in learning about businesses and understanding individual requirements. Every person within our organisation is dedicated to finding solutions to protect a Client's bottom line and offer the best execution.

Currencies		Sterling FX rates	Bank rates	You could save (for £1000)

*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.

Furthermore, in many cases the banks will not provide you with a good foreign exchange rate either, so in which case you may get stung twice. That's why it makes sense to get your Travel Money from The Sterling FX - your preferred currency exchange in London.