
Convert Large FX Positions for Cross-Border Settlement
How businesses convert large FX positions without slippage
Challenge
The situation
A business needs to convert a large sum ahead of a cross-border settlement; a bulk supplier payment, a large invoice, a capital movement between entities. Run a large trade through retail FX and the spread widens, the rate could move before execution completes, and there's no one to speak to if the timing is tight or falls outside standard banking hours.
For businesses trading digital assets, there's an added layer: converting through a retail exchange means slippage on larger transactions.
FiveWest
The solution
If you choose to work with our OTC Desk, trades execute at a single all-in rate, agreed before the trade, with no additional fees beyond withdrawal costs. Execution isn't limited to standard banking hours, when a trade needs to happen, it happens. For stablecoins or crypto, wallet addresses are whitelisted in advance, giving a clear compliance trail.
