A Limit Order provides the ideal solution to achieve a better exchange rate than is currently available. They are particularly useful when there is a gap between an overseas purchase and payment, for example when importing goods.

TransGlobal will monitor the market for you and when it reaches your desired target rate, your order is automatically processed. Limit Orders enable you to capitalise on favourable exchange rates when you are unable to personally monitor the market and initiate a transaction. This service monitors the market 24 hours a day and will stay in place unless filled or cancelled. You can cancel the Limit Order with TransGlobal if it has not already been executed or should your currency requirements change.