Pricing and Exchange rates

Here at LiX FX we aim to offer the best possible deal on your currency exchange. Our target is always to beat the rates given by the bank.

Our exchange rates are derived from the interbank rates obtained from various sources.  

A number of factors contribute to the FX rate which we quote to you.  These include:

  • The rate we obtain from our currency supplier
  • What kind of deal you are after (e.g. spot, forward, etc)
  • What currency you are seeking
  • How much money you are sending
  • Whether you are committing to a number of sequential transactions or a one off

Your transaction will be fee free if you send over £5K.  But we cannot control if international intermediary banks make a charge (usually equivalent to USD25 or less) before the funds reach your beneficiary’s account.

And don’t forget the other elements in the overall service package, which is reflected in the price:

  • We think of our customers as our friends and we will go out of our way to help you
  • We are one of the only companies left who still prefer talk to their customers and understand their needs and vulnerabilities
  • We inform you of the market conditions and data and events that could move the currency markets
  • We support you at all stages of your transaction and inform you of issues
  • The ability to fix an exchange rate up to two years in advance
  • Rapid delivery times (same day if funds received before 1 pm)