International payments in 80+ currencies
- No monthly fees
- No set-up costs
- No headaches
Official Payment Partner of
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Trusted by leading importers and exporters to exchange over £6 Billion, and counting…














Safeguarded Funds
Your funds are held in safeguarded accounts, kept separate from operating funds, providing peace of mind with every transaction and an extra layer of security.
Secure and Trustworthy
Our advanced encryption and security protocols protect your data, ensuring every transaction is secure and handled with the highest level of integrity.
FCA Authorised
As a licensed payment institution, we meet rigorous regulatory standards and report to the Financial Conduct Authority (FCA), ensuring robust oversight and compliance.
Still waiting for that payment to clear?
You’ve got shipments lined up, suppliers waiting, and deals that hinge on razor-thin margins—only for your bank or FX provider to throw a wrench into everything. Delayed transfers. Unexpected fees. Currency conversions that eat into your profit by the minute.
It was the same story for ModernElectronics, a global telecom wholesaler that saw “fantastic” rates vanish after the first few trades. And Union Logistics, losing business because big banks refused to deal in certain “exotic” currencies. Too often, electronics traders like you have watched profits slip away due to slow and costly payments.

Case studies
How Modern Electronics, a global telecommunications wholesale, achieved predictable FX costs and higher margins
Modern Electronics is a global telecommunications wholesaler, distributing high-demand electronics to Europe, the USA, and the UAE.
Operating in a fiercely competitive industry with tight margins and high transaction volumes, they needed a reliable FX solution to protect profits and streamline international payments.
For businesses like ModernElectronics, small currency fluctuations can mean the difference between profit and loss.
Their biggest challenges included:
Banking roadblocks: Traditional banks were reluctant to support high-volume, low-margin businesses that didn’t require additional financial products.
Hidden costs from FX brokers: Initial rates from alternative FX providers seemed attractive but were quietly widened over time, eroding their profitability.
Inconsistent pricing: Without a clear, transparent FX strategy, ModernElectronics faced unpredictable currency costs that squeezed their already tight margins.
These challenges weren’t just affecting revenue—they were making it harder to compete on price and plan for future growth.
Our approach was simple but powerful.
Comprehensive FX audit: We evaluated their total annual currency requirements, including trade volume and key currency pairs.
Custom pricing strategy: Instead of unpredictable margins, Modern Electronics enjoyed fixed and transparent pricing which improved further as ModernElectronics volume increased.
Long-term partnership mindset: Rather than a transactional relationship, we provided an honest, transparent discussion about future currency flow strategies.
By making the switch, ModernElectronics eliminated hidden FX costs, improved pricing stability, and secured better margins.
Access to wholesale FX rates, significantly reducing transaction costs
Predictable, transparent pricing, removing uncertainty from financial planning
Increased competitiveness, allowing them to offer more stable pricing to clients
With their competitive pricing and transparent approach, we've seen substantial cost savings that directly benefit our bottom line.”
T. Shah | CEO | Modern Electronic OU


How Union Logistics, a freight forwarder, eliminated international payment delays and achieved global growth with Millbank FX
Union Logistics is a leading international freight forwarding company with offices in the UAE, Hong Kong, and Europe. The company specialises in managing global shipments, coordinating supply chains, and ensuring seamless trade for businesses worldwide. However, dealing with international payments across multiple currencies created significant operational and financial challenges.
As a freight forwarder handling payments in a variety of currencies—including those from emerging markets—Union Logistics faced two major hurdles:
Limited Currency Availability: Mainstream banks could not process certain exotic currencies, forcing Union Logistics to turn away business opportunities
Slow Payment Processing: When banks could process transactions, payments in exotic currencies often took up to five days to settle. This delay strained cash flow and disrupted supplier relationships, leading to increased financial risk and operational inefficiencies
These challenges put Union Logistics at a disadvantage in a fast-moving industry where timely payments and currency flexibility are critical to maintaining customer trust and securing long-term contracts.
Millbank FX provided Union Logistics with a streamlined, multi-bank FX solution, delivering:
Access to Over 80 Currencies: By leveraging Millbank FX’s global network of banking counterparties, Union Logistics could now process payments in currencies that mainstream banks did not support
Real-Time Gross Settlement: Faster payments—particularly on exotic currency pairings—ensured that Union Logistics’ suppliers were paid promptly, eliminating cash flow delays
Cost Efficiency: With zero transaction fees, Union Logistics significantly reduced the overhead costs associated with international payments
By switching to Millbank FX, Union Logistics saw measurable improvements in efficiency and profitability:
Expanded Business Opportunities – No longer restricted by limited currency availability, Union Logistics secured new clients in emerging markets, driving revenue growth
Stronger Supplier Relationships – Faster payments led to better partnerships and potential for negotiating improved supplier terms
Cost & Time Savings – Real-time settlements and fee-free transactions meant lower costs and reduced administrative burden on finance teams
Their expertise and streamlined processes have made cross-border transactions smooth and efficient’’
D. Nasser | CEO | Union Logistics HK


Our 5-point formula for faster, cheaper, and hassle-free international payments
Multi-currency bank account
Whatever currency you need, we can probably handle it
Our unified platform keeps everything in a single, named account. Instantly view balances across USD, EUR, GBP, and more—no more juggling multiple bank logins or paying extra fees to convert currencies.
Leverage local settlement options in key markets to reduce transfer times and foreign transaction hurdles.So you can focus on building global partnerships without drowning in currency admin.

Instant and same-day international payments
Send and receive funds in record time
Avoid bottlenecks on exotic currencies thanks to a wide range of correspondent banks.
Leverage Millbank FX’s network of tier-one banking partners for near-instant settlement in over 80 currencies.
We integrate directly with local payment networks—like SWIFT, SEPA, and Faster Payments—so your money arrives faster and with minimal friction.

Wholesale FX rates
Trade at wholesale spreads—without the hidden markups
We work with a range of top-tier banks and liquidity providers, to give you competitive exchange rates that are usually available to huge corporations.
We don’t tack on extra margins or bury fees in fine print. Instead, we’ll tell you upfront exactly how much you’ll pay for each trade so you can easily predict your costs and keep your margins healthy with every cross-border deal.

Currency risk management
Safeguard your profits from volatile market swings
Get access to forward contracts, stop-loss orders, and tailored hedging solutions that lock in favourable rates. Our proactive analysis keeps you updated on economic shifts, helping you time your trades for maximum advantage.
Whether you’re shipping weekly or seasonally, we help shield your bottom line from sudden exchange-rate shocks, so you can confidently plan big orders months ahead—without watching profits slip away.

Dedicated FX account manager 7 days a week
Personalised support whenever—and wherever—you need it
We know your trading moves fast—exchange rate swings, payment delays, and fluctuating costs can crush your margins in an instant.
That’s why you’ll get a single point of contact to handle all your queries, guide you on market shifts, and proactively spot opportunities for better rates.
So you’re never left guessing in a world where minutes can make or break a shipment.

Your FX provider is costing you more than you think—switching to Millbank FX is simple
Are you stuck juggling multiple currency accounts, second-guessing every invoice, and waiting days—or more—for funds to move?
Every second you wait for an international payment to clear is time your suppliers don’t ship and your deals don’t close.
Are you really willing to keep losing money to bad FX rates and hidden fees? Or is it time to take control?
See how your current FX provider compares against us
With Millbank FX
Without Millbank FX
Everything you need for fast, profitable global trades
A central, named multi currency account simplifies your finances, letting you hold, pay, and receive across USD, EUR, GBP, and more—no juggling multiple logins
Same-day or next-day payments keep you ahead in high-speed electronics markets, including emerging markets often overlooked by banks
Our institutional FX rates mean less money lost to hidden spreads—so your margins stay healthy on every shipment
Get a single point of contact who understands your specific supply chain nuances. If rates spike overnight or you’re finalising an urgent deal, your manager has your back
Skip the usual bank surcharges. You pay only for the trades you make, and that’s it
Opening your account is fast, seamless, and hassle-free
No mountains of paperwork or lengthy approvals—just a simple, streamlined setup that gets you trading quickly.
S.Akim CEO | Adpress International
Still have questions?
With Millbank FX, most businesses open their free multi-currency account and start making payments within hours.Our dashboard is user-friendly, and we offer direct guidance from a dedicated account manager, so your team stays confident and in control—no lengthy learning curve required.
Definitely. Our infrastructure is built for high-volume, frequent trades. As your flows increase, we can adjust limits, offer even tighter institutional rates, and provide expanded support—ensuring your currency operations scale seamlessly alongside your business.
Yes. Millbank FX’s no monthly fees, no setup fees, and transparent pricing mean you keep moreof each transaction. By consolidating your multi-currency payments into oneplatform, you also reduce admin and manual errors—adding up to significantsavings over time.
We’re FCA-regulated, so your funds are safeguarded under stringent rules. Our platform uses secure, bank-grade encryption, and we handle all KYC/AML checks in-house, keeping your data protected at every stage of the process.
It’s simple. Once your multi-currency account is active, you’ll receive easy instructions for your suppliers to start invoicing or receiving funds via Millbank FX. Our team can guide them through the initial setup, so you don’t waste time on lengthy onboarding calls.
Always. Each account comes with a dedicated account manager who’s familiar with your electronics trading flow. No faceless call centres —you get direct phone, email, or chat support whenever a question arises.
Speed is critical in the fresh produce industry. Millbank FX enables same-day or next-day settlements inmost major currencies—so your payments reach manufacturers, suppliers, and distributors without unnecessary delays.
Millbank FX’s risk management tools let you lock in preferred rates or set up stop-loss and limit orders to protect your bottom line. Plus, our team proactively monitors economic signals to alert you if markets look volatile, so you’re never caught off guard.
If your business makes cross-border payments, imports goods, or deals with currency fluctuations, you need an FX strategy. Even small rate shifts can wipe out your margins. Millbank FX helps you assess risk, lock in better pricing, and stabilise cash flow so your business stays profitable.
As soon as we have received your completed Millbank FX application, we'll seek authorisation from our compliance department. We will also need to carry out a "Know Your Client" (KYC) process on all new clients. Your account can then be opened and confirmed by email within the same day.
Your trading account can be activated within minutes of receipt of your completed documentation and Millbank FX authorisation.