Yes, when signed up to Universal Partners, you are instantly qualified to open collection accounts. Through our service providers, collection accounts provide businesses the ability to have multi-currency IBANs in your own company’s name without navigating the red tape that is normally involved. For more information please refer to our Services page.
FAQ Category: About us
Yes, we also work with some high-net-worth individuals who may be buying or selling properties or businesses. When completing our application form simply choose ‘Private Client’ at the first stage.
We work with any business that has a cross-border payment requirement. We typically work with businesses in the manufacturing, shipping, wholesale, retail and broad range of other sectors.Due to our detailed approach and priding ourselves on making a real impact, we recommend that businesses that have a significant FX exposure work with us so that…
Once you have sent your application, we should have everything we need to proceed to final checks and open your account. However, if required information is not supplied in the application form or available publicly, we will reach out to you for some additional documentation. This might include identity documents, financial information or company documents.
As soon as our compliance team have received your application, the process will start. The process can vary in time according to size of your organisation and the industry you operate in. On average we have accounts fully authorised and ready trade within 48 hours.
Your actual saving on an FX transaction is determined by multiple moving factors such as the transaction volume, the currency pair booked, your existing provider’s rates and most importantly the decision making around market entrance. We offer a free consultation which allows us to make an estimation on the value added before you proceed to…
Whilst we predominantly work with UK businesses, we do work with clients overseas through our service providers in territories such as Ireland, North America, Europe and Australia.
From the moment your account is open you will have access to a fully integrated Online Platform. You will be able to access and manage all your payments, beneficiaries, balances, account details and statements from our secure and easy-to-use trading portal.
We have a more detailed and personal approach to banks, intermediaries and online transfer apps. Compared to banks, we offer more competitive exchange rates, and we work exclusively with those who require FX services rather than the general services a bank offers. Other intermediaries will provide a similar service to us, however at Universal Partners,…