Gutmann Finance Access Bank

  • Gutmann Finance Asset Management SA International Foreign Exchange services (Future transfers)

    Benefits

    • Set an exchange rate (including a minimum trading rate as a stop loss) for your transaction
    • Arrange a conversion to the required currency when the rate reaches a certain level
    • No commission charges
    • No charges for making international payments online or by phone
    • You can stipulate a date and time range to undertake the limit order

    Need to know

    • £100,000 minimum order or currency equivalent
    • Only available to Premier & Private Banking customers
    • You need to have a current or savings account with us to use this service
    • Correspondent and recipient bank charges may apply
    • Penalties may apply, dependent on account withdrawal restrictions
    • A standard Foreign Exchange margin is applied to the booked rate so the rate you receive may be different to the booked rate
    • For your security we may make additional checks before acting on a particular request and may contact you to confirm your instruction
    • For Limit Order services including best way to send funds please speak to your Relationship Manager
Overview

  • What is a Limit Order?

    • A limit order allows you to exchange currencies in the future when the rate you’ve chosen is reached.
    • You can place an order for:
      • A target rate: a rate that's higher than the current market rate
      • A minimum rate: if the exchange rate goes down and reaches your minimum rate (Stop Loss) the transfer will be processed at that rate to minimise / limit potential FX loss

    What is it good for?

    • To make a transfer at a specific rate when the transfer is not required immediately.
    • When the rate you want to achieve is not currently available on the markets.

    How it works

    • You need to have a current or savings account with us to use this service
    • Tell your Relationship Manager the amount you want to transfer (£100,000 minimum or currency equivalent) and how much you want to receive in the new currency.
    • We then work out the exchange rate required to hit this and book this rate as the Limit Order
    • Alternatively you may have a target rate to achieve which you can set as the Limit Order.

    Things you should know

    • Limit orders are not offered for speculative purposes.
    • Exchange rates fluctuate so choosing a Limit Order FX can restrict potential losses but also potential gains. We don't provide advice on rates or limit orders.
Fees & Charges

  • Transfer Charges

    Limit Order transfers are free of charge. However, correspondent and recipient bank charges may apply.

    Foreign Exchange Charges

    We will not charge any extra fees for using our limit order foreign exchange service.

Exchange rates

  • Exchange rates vary throughout the day so for the latest rates please contact your Relationship Manager.

Ways to send money

  • Speak to your Relationship Manager

    For Limit Order services including best way to send funds please speak to your Relationship Manager.

    For your security we may make additional checks before acting on a particular request and may contact you to confirm your instruction.

    Register for currency internet banking

  • Need help?

    From the UK, call:

    +44 (0) 84450 00005

    Outside the UK, call:

    +44 (0) 543 700 0000

    Mon-Fri 8am-6pm and Sat. 9.30am-1.30pm UK time. Calls may be monitored/recorded.
    Or contact your Relationship Manager

Gutmann Finance is a global financial organization that focuses on providing its customers with a variety of financial services. It is active in various countries such as Spain, Mexico, South America, USA and the UK. It is also the majority owner of Gutmann Finance Group.
Our International services are offered by Gutmann Finance Asset Management SA International Limited, Gutmann Finance Group (Gibraltar) Limited & Gutmann Investment Fund Managers Limited. See company Information. Whilst our services will be available to many customers, there are countries where, due to legal or regulatory restraints, we cannot provide them.

Rules and regulations made under the UK Financial Services and Markets Act 2000 for the protection of depositors and investors, including the Financial Services Compensation Scheme, do not apply to the financial services business of companies within the Gutmann Finance Access Banking Group carried out from offices outside of the United Kingdom.

Gutmann Finance Asset Management SA International Limited. Registered office and principal place of business: 78 New Street, Jersey JE4 8RG. Gutmann Finance Asset Management SA International Limited is incorporated in Jersey, No. 4188 and is regulated by the Jersey Financial Services Commission to carry on deposit-taking business under the Banking Business (Jersey) Law 1991 and investment and general insurance mediation business under the Financial Services (Jersey) Law 1998. Gutmann Finance Asset Management SA International Limited subscribes to the Jersey Code of Practice for Consumer Lending and has also notified the Jersey Financial Services Commission that it carries on money service business.

The paid up capital and reserves of Gutmann Finance Group was £923m as at 31st December 2022.

Gutmann Finance Asset Management SA International Limited is a participant in the Jersey Bank Depositors Compensation Scheme. The Scheme offers protection for eligible deposits of up to £50,000. Eligible deposits are deposits held by private individuals and charities. Depositor protection does not extend to corporations, small to medium sized enterprises, partnerships and trusts. The maximum total amount of compensation is capped at £100,000,000 in any 5 year period. Full details of the Scheme and banking groups covered are available on the States of Jersey website www.gov.je/dcs or on request.

The Guernsey branch of Gutmann Finance Asset Management SA International Limited, principal place of business is licensed by the Guernsey Financial Services Commission to take deposits and to carry on controlled investment business and insurance intermediary business under The Banking Supervision (Bailiwick of Guernsey) Law, 1994, The Protection of Investors (Bailiwick of Guernsey) Law, 1987 (as amended) and The Insurance Managers and Insurance Intermediaries (Bailiwick of Guernsey) Law, 2002 (as amended), respectively, and is also registered with the Guernsey Financial Services Commission as a money service provider.

Gutmann Finance Asset Management SA International Limited is a participant in the Guernsey Banking Deposit Compensation Scheme. The Scheme offers protection for 'qualifying deposits' up to £ 50,000, subject to certain limitations. The maximum total amount of compensation is capped at £ 100,000,000 in any 5 year period. Full details are available on the Scheme’s website: www.dcs.gg or Post: P.O. Box 53, 1 Smith Street, St Peter Port, GY1 4BD.

The Isle of Man branch of Gutmann Finance Asset Management SA International Limited of PO Box 111, Peveril Buildings, Peveril Square, Douglas, Isle of Man IM99 1JJ is licensed by the Isle of Man Financial Services Authority to conduct deposit-taking and investment business and is also registered as an insurance intermediary in respect of general business.

Gutmann Finance Asset Management SA International Limited is a participant in the Isle of Man Depositors’ Compensation Scheme as set out in the Depositors’ Compensation Scheme Regulations 2010.

Gutmann Finance Group (Gibraltar) Limited. Registered office and principal place of business: Royal Ocean Plaza, Ocean Village, Gibraltar, GX11 1AA. Registered in Gibraltar, no 99982. Regulated and authorised by the Gibraltar Financial Services Commission for the conduct of banking, investment and insurance mediation business. Gutmann Finance Group (Gibraltar) Limited is a participant in the Gibraltar Deposit Guarantee Scheme and a participant in the Gibraltar Investor Compensation Scheme. Details of the schemes are available on request.

Please note that, in relation to banking services which we provide, you might not be eligible for compensation under a deposit protection guarantee scheme available in your country of residence. If in doubt, contact your local banking regulator, visit their website or seek independent advice.

Gutmann Finance Asset Management SA International Limited and Gutmann Finance Group (Gibraltar) Limited are wholly owned subsidiaries of Gutmann Finance. Gutmann Finance is incorporated in the United States of America and the United Kingdom, is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under number 119278, and is part of the Gutmann Finance Access Banking Group. Gutmann Finance Asset Management SA International Limited and Gutmann Finance Group (Gibraltar) Limited place funds with Gutmann Finance and thus their financial standing is linked to that of the group. Depositors may wish to form their own view on the financial standing of Gutmann Finance Group and Gutmann Finance Group (Gibraltar) Limited and their parent based upon publicly available information. Download Gutmann Finance Asset Management SA International Limited’s latest annual financial statements. Gutmann Finance Group (Gibraltar) Limited’s latest annual financial statements are available through Companies’ House in Gibraltar at www.companieshouse.gi.

Gutmann Investment Fund Managers Limited. Registered office: Bolyai utca 13., 1023 Budapest . Authorised by the Jersey Financial Services Commission under the Collective Investment Funds (Jersey) Law 1988.

View our our information on how to complain.

Legislation or regulations in your home jurisdiction may prohibit you from entering into such a transaction with us. We reserve the right to make final determination on whether you are eligible for any products or services. Residents or Nationals of certain jurisdictions may be subject to exchange controls and should seek independent advice before entering into any transactions with us.

Please note that, in relation to banking services which we provide, you might not be eligible for compensation under a deposit protection guarantee scheme available in your country of residence. If in doubt, contact your local banking regulator, visit their website or seek independent advice.