Market Orders
If you have a target rate in mind and you’re less concerned with the timing of the payment, a Market Order may be the product for you. A Market Order allows you to instruct Abacus, to execute a transaction on your behalf at a targeted rate of choice.
Once an order is left with Abacus, this will be active 24 hours, 7 days a week and run until triggered, or cancelled. Once triggered, the order will be fulfilled and your currency exchange will be contractual.
Exchange & send currency, in 3 easy steps.
Agree your rate
Once your account is setup, tell us the currency and amount you need to buy and we’ll quote you a rate via telephone, email or online - your choice!
Pay for your currency
Once you’ve agreed to a rate, you’ll need to pay for your currency. Send us the money by bank transfer before we make your payment.
Send to your beneficiary
Once we’ve received your funds , we’ll make your onward payment to a beneficiary of choice. Depending on the currency and destination, payments can arrive on the same day.