Liquidity & settlement

FX & conversion

Currency conversion and FX liquidity.

Upcoming events: FX & conversion

All upcoming events

Related subsections

FX for payment businesses

Cross-border payments create currency exposure at every step: a merchant charges in EUR, settles in USD, pays suppliers in INR. FX and conversion providers buy and sell currencies for businesses at negotiated rates, often with multi-currency accounts, forward contracts or same-day settlement. For PSPs and payout providers, FX liquidity in exotic currencies is often what makes a corridor viable.

What you can find here

  • FX brokers and payment institutions offering spot conversion for corporates.
  • Multi-currency accounts to hold, convert and pay out in several currencies.
  • Liquidity providers quoting emerging-market currencies to PSPs and remittance companies.
  • Hedging products such as forwards for predictable monthly flows.
  • Crypto-to-fiat FX for businesses settling in stablecoins; see also OTC desks.

How to compare FX providers

  • Spread vs mid-market: ask for the margin over the interbank rate, not just "no fees".
  • Currency coverage: majors and the specific local currencies you need.
  • Settlement: speed, cut-off times, local vs SWIFT rails.
  • Minimums and tiers: pricing usually improves with monthly volume.
  • Regulation: licences in the provider's jurisdiction and safeguarding of client funds.
  • Integration: API for rates and conversions, reporting for accounting.

Typical use cases

  • A PSP converting card settlements to pay local merchants.
  • An exporter receiving USD and paying costs in local currency.
  • A payout platform pre-buying currency for mass payouts.
  • A business moving funds between EMI accounts in different currencies.

By country

FX providers are listed in the UK, the US, the UAE, Singapore, Hong Kong, India, Brazil, Poland, South Africa and more.

Cross-border payments & FX, business accounts, stablecoin settlement. Post a request with currency pairs and monthly volume to receive quotes. Nominal hub is a directory and does not provide FX services.