Benefits For Your Clients
We’ve designed our FX solutions to save your clients time and money and to exceed your expectations for transacting globally.
You deserve an FX partner dedicated to helping save money on your clients’ cross-border transactions to grow your bottom line. Monex USA specializes in providing corporate foreign exchange and global payment solutions.
With a diverse client base of over 60,000 clients including importers and exporters, SMEs, and multinational corporations, we expertly tailor payment and FX solutions to meet your industry’s needs, support your operations and facilitate global growth opportunities.
Multi-Currency Accounts
Hold foreign currencies with zero fees. Whether receiving foreign currency or taking advantage of favorable market conditions, Monex USA lets you hold over 30 different currencies for future use.
The Benefits
- No required minimum balance
- No account maintenance fees
- Receive and hold incoming foreign funds
Monex USA’s multi-currency accounts allow your business to receive and hold foreign funds without the hassle of opening international bank accounts or first converting foreign funds into US dollars, saving you time and money.
How It Works
Hold your funds until you decide what to do with them. Send money transfers directly from your multi-currency account or convert the foreign currency to US dollar or another foreign currency. You can also buy directly into your account to take advantage of favorable market conditions. Whatever your business needs, receiving and holding foreign currency is made easy with Monex USA.
Award-Winning Currency Forecasting
Monex USA (formerly TempusFX) is proud to be consistently be named a top currency forecaster for the overall G10 currencies as well as individual currencies in the Bloomberg FX Forecast Accuracy Rankings each quarter.
Monex USA continues to earn these distinctions above nearly 50 other distinguished global financial institutions, including some of the largest banks in the world.
“We aim to be as consistent as possible and glad these rankings, as well as our previous ones, reflect it. The buck has strengthened more than most thought possible, but we bet on America and it has paid off,” explains Juan Perez, Senior FX Trader & Strategist for Monex USA.
For over 23 years, Monex USA has helped guide thousands of organizations, across virtually all industry sectors, through volatile market conditions. This accolade reaffirms our efforts to deliver the best possible tailored currency and payment solutions to mitigate FX risk.
Forward Contracts
Buy or sell currency now, pay later. Whether you are looking to take advantage of current market conditions or just like to plan ahead, eliminate the risk of unfavorable currency market moves between now and the time you need to make your payment with forward contracts.
The Benefits
- Secure today’s exchange rate, for delivery at a future date
- Free up cash flow, with only a small initial deposit required
- Protect profits from unfavorable market moves
- Easier and more effective budgeting and planning
Exchange rates move constantly. Forward contracts give your business the freedom and flexibility to take the unpredictability out of currency conversion and budget effectively to protect your profit margins from negative market movements. This means no more worrying about currency market volatility.
Regardless of which direction the market moves you will know the exact cost of the amount you need when you are ready to make a transfer. The best part: you don’t have to pay until the currency is needed, keeping that cash free for other uses; in other words, planning and budgeting just got a little more stress-free.
How It Works
Set the amount of currency needed and settlement date, typically up to two years in the future, at the current exchange rate, plus forward points. All you pay at the time of booking is a small deposit, which is then applied to the balance of the forward contract when the forward is due on the settlement date.
MARKET ORDERS
Choose your exchange rate. Market orders offer continuous, around-the-clock market coverage and automatically execute transactions for you when the market hits your specified exchange rate–going far beyond your bank’s limited operating hours.
The Benefits
- No cost or fees to place market orders
- Monitored 24/7
- Automatically executed trades when the market hits your rate
- Protect and improve your exchange rate
- Easily modified or canceled
- Flexible processing options
Currency market volatility can have a considerable impact on your business profits, so why not choose what exchange rate you pay? With Monex USA’s market orders you can. We understand that you have more important matters to attend to than monitoring exchange rates–so we take care of that for you.
Market orders give you peace of mind that regardless of the time of day the exchange rates that matter to you are constantly monitored. Your business profits are protected from worsening exchange rates or enhanced during favorable market moves.
How It Works
Simply set your best and/or worst case exchange rate, with the help of your dedicated specialist, and whether you would like your market order to have an expiry date or remain open, then sit back and relax. No need to watch the market–if the market reaches your pre-determined exchange rate your currency will be automatically bought or sold.
If your order to buy currency is triggered, you can decide to either put the funds into your multi-currency account, or if you want to keep the cash flow freed up you can roll the funds into a forward. Market orders can easily be modified or canceled if your designated rate has not been met.
MONEX USA ONLINE — FINTECH PLATFORM
Monex USA Online is our easy-to-use digital payments platform that enables you to manage foreign currency and global transactions in a convenient and secure way.
Spend less time managing global payment transactions and more time growing your organization’s bottom line with Monex USA Online. With 24×7 access, you’re able to transact from your desktop or mobile and track your payments from booking through delivery. Our dedicated team of FX experts is always standing by via chat, email, or on the phone.
Faster Global Payments
Designed to deliver flexible, end-to-end management of global payments for any-sized business without the hassles and expense of traditionally buying and selling currency across borders. The customized dashboard gives you a clean visual snapshot of your account with live rates of exchange and the ability to book a single transaction or set up multiple payments in a few clicks. Save time by paying multiple invoices at once with batch uploading to import your payment files.
Flexible Transactions
Manage your account and global payments wherever and whenever you want. Monex USA Online provides 24×7 access to view your real-time payment status and full payment history online right from your desktop computer or mobile device. Live rates, currency tools, and graphs are ready to help you better control, plan and evaluate your budget forecast against currency trends. Market insights and news updates will keep your FX awareness up to date to protect your profits and navigate currency fluctuations.
Secure 24×7 Access
With strict adherence to both domestic and international financial regulations, your account information and transactions are protected around the clock. Transact with confidence knowing your personal and financial data is protected by 256-bit data encryption. Safe, customizable workflows and user permissions to preserve and maintain internal controls.