Railsbank, the leading global Banking-as-a-Service platform, has announced a collaboration with RationalFX, a leading UK payments and foreign exchange provider, as the latter strengthens its product offering in Europe.
Why choose RationalFX
Based in the heart of London’s financial district Canary Wharf, RationalFX has traded over $10billion in currencies across the globe. Take advantage of our competitive exchange rates, market expertise, suite of FX products and online payment platform when you make bank to bank transfers in over 50 currencies worldwide.
Who we work with
Corporate Payment Solutions for Businesses
Protect your profits with a uniquely-crafted foreign exchange strategy aligned to your business’s requirements. Make a Spot Payment, book a Forward Contract, set a Stop Loss or leverage a Currency Exchange Risk Strategy.
Foreign Exchange Services for Individuals and Private Clients
Whether you’re buying or selling a property abroad, emigrating or are paying overseas bills, we offer highly competitive exchange rates, tailored FX products and a personalised service to help your money go further.
Smart Partnership Opportunities with RationalFX
We offer a range of smart and innovative partnership opportunities. By working together, we can provide you with the global payment solutions you need to grow your business and add an additional revenue stream.
What we offer
We pride ourselves on providing the highest standards of service to all our clients. Whatever your reason may be for making international payments, we’re here to make sure your experience is tailored to meet your every need.
Whether you are a business that imports or exports goods or a personal customer looking to purchase a property abroad, our currency specialists will give you the guidance you need to effectively manage your international payments, saving you time and money.
All of our clients have access to our online payments platform that provides cost-effective and secure payments around the clock.
Market News and Analysis
As of March 29th, foreign travel from the UK remains illegal for all but non-essential reasons. Those essential reasons, however, include anything “in connection with the purchase, sale, letting or rental of a residential property.” In this first of our RFXplainer series, we’ll give you all the information you need if you have to travel for any of these reasons.
GBP The pound hit a two month high against the dollar yesterday, up 1.1%, as upbeat economic forecasts and an easing lockdown mixed with dollar weakness to bolster the pound. The dollar has struggled over the last few days following Friday’s disappointing job numbers. This is in contrast to the pound where further re-opening of the UK services sector is expected to […]
USD The dollar fell to its lowest level in over two months on Friday. This is after April jobs data came in well below expectations, dampening hopes that a surging economic recovery would spur higher interest rates. Non-farm payrolls increased by only 266,000 jobs last month, miles from the 978,000 predicted. The number was so off, […]
GBP Sterling gave up earlier gains against both the euro and dollar yesterday. This followed the Bank of England (BoE) stating it needed clear evidence of an economic recovery before tightening monetary policy. The move mirrored recent decisions in the United States, with the Federal Reserve taking a similar stance. A sell off in sterling soon ensued, with investors underwhelmed […]
Rates shown above are Interbank rates which show where the wider market is currently trading and aren’t indicative of the currency rates we can offer. For current availability rates and to view more currencies, please log in to your online account or contact us. Rates are provided by TradingView.