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Expats in Spain
The Voltrex FX Currency Service
Voltrex Foreign Exchange allows our clients to access the most competitive exchange rates available in the corporate market, saving individual clients a huge amount of money when they come to send payments overseas.

A summary of the benefits:
  • Very competitive exchange rates
  • Unbeatable customer service
  • 24 hour, 7 days a week online access
  • Ability to work orders
  • Rate alert service by text or email
  • Online payments facility
  • Proven reliable technology

Soon to be launched will be a full SMS facility enabling rates to be checked, currency bought, payments made all via your mobile phone using secure pin encrypted technology.

Why use Voltrex Foreign Exchange?
Voltrex Foreign Exchange will save you money and in addition provide you with a more personal and efficient service than your bank. As a foreign exchange specialist the volume of currency trades and lower operating costs allows us to pass significant savings onto our clients. At Voltrex Foreign Exchange, you will be assigned a dedicated dealer who will guide you through the whole procedure from start to finish. Significant savings will be realised on your currency exchanges as Voltrex will keep you informed of market activity which could improve your FX transaction.

How do I begin trading with Voltrex Foreign Exchange?
Opening an account is free and holds no obligation to trade. Once open you are in a position to secure rates by telephone or over the internet. Once a rate has been agreed between Voltrex and yourself an immediate confirmation of the deal contract will be emailed to you. You may email or return by fax or post the onward payment details of your currency, however, if you have an online platform, you can do all this over the internet, wherever you are in the world.

How long does it take to transfer my funds abroad?
For the major currencies same day and next day transfers are usual. Voltrex uses priority SWIFT method for all transfers which mean quick and safe transfer of funds worldwide. As with all bank to bank transfers, the time it takes to receive the funds in the beneficiary account is also dependent on the receiving party.

What rate will I be offered?
The rates that our dealers access are live 'interbank' prices (the price at which one bank sells to another). Real-time aggregation of prices from multiple sources means competitive rates can be passed onto our clients. As an internet and telephone based service, we do not have the large overheads of high street FX retailers.  Thus, we are able to offer more competitive prices than the typically quoted high street banks, building societies and bureau de change operators.

Can I fix an exchange rate now for a future purchase?
Yes, a 'Forward Contract' can be fixed for up to 1 year in the future, depending on currency. This means that you can determine exactly how much you need to spend on a future purchase without having to worry about fluctuations in rates. Please contact Voltrex for more details regarding forward currency contracts and the initial/variation margin applicable.

How do I pay for the currency contract?
Funds must be credited to the Voltrex client account that corresponds with the currency being sold.  CHAPS, BACS or internet payments are accepted as well as a direct debit facility if required. Payment is required within two working days in the case of both Spot Contracts and Forward Contract margin. The balance of Forward Contracts should reach Voltrex no later than the maturity date of the contract. We do not accept payments by cash or Cheque.

Can I check currency rates and book online?
Many of Voltrex's clients have been taking advantage of our Online Currency Payments Platform - VFX as a cheaper, faster and easier to use system for not only making international payment but receiving in foreign payments. For those of our clients who have not had the opportunity in trying out VFX - our online payments solution, Voltrex can email you a user guide for the online demo platform.
Many of Voltrex's clients have been taking advantage of our Online Currency Payments Platform - VFX as a cheaper, faster and easier to use system for not only making international payment but receiving in foreign payments. For those of our clients who have not had the opportunity in trying out VFX - our online payments solution, Voltrex can email you a user guide for the Online demo platform.

  • Voltrex have been providing a currency payments service for its clients since 2004 with companies taking advantage of our Online service since its original launch in 2006

  • We were the first FX company to offer a browser based Online currency platform for deliverable currencies, with over 50 live streaming tradeable currency pairs

  • VFX has proved itself to be the most robust Online FX deliverable platform in the market

  • We offer 24 hour, 7 day a week access to the platform and the ability to trade the major currency pairs on the weekend

  • Streamed currency charts available to view which includes historical movements

  • Ability to work orders including Limits, Stops and 'Up & Down' Alerts sent via pop up on the platform or by SMS

  • Settlement function which allows stored payee's details and facility to make overseas payments directly to your clients

  • Free multi currency accounts available on the "Fly" - accounts automatically created by the on line system, as required by the client on demand

  • Our Online service has been setting the benchmark as a treasury tool in the deliverable currency market since launch and is constantly evolving to stay one step ahead of our competitors

  • You do not have to be a client of Voltrex to view the free demo and can apply for this by email or directly via the website link below

Log straight into your VFX Online demo within 20 minutes of requesting a demo

The positive feedback we have received has highlighted that the system has made the function of sending or receiving an overseas payment quicker, easier and more streamline for our clients. This is on top of the sharper pricing seen through our live streamed currency rates. We aim to save our clients time and money through the most advanced and efficient technology!

For more information please contact us on the number below. Registration is free and you not obliged to trade with us once registered, which can be done now by visiting the following website:  www.voltrexfx.com Our contact phone number is 020 7959 6917.