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Bringing You The Best Value Currency Deals

Raising the Standard in Foreign Currency Exchange & International Money Transfers

Office hours : Monday to Friday - 8am till 6pm

Minimising currency risk whilst maximising opportunity

Mission Statement

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MSP Foreign Exchange Services was born

out of one man's disappointment and
frustration at the lack of informed opinion
and honest professional advice offered
by many of the commercial FX providers
and high street banks.

MSP Foreign Exchange Services is different,
and exists to provide a bespoke advisory
facility and execution platform in physical
FX delivery for the Corporate and Private
sectors from someone who has actually
been there, seen it, done it and is still doing it!

Our clients benefit from improved foreign currency exchange rates but also receive the best independent advice from a highly successful former interbank FX trader to execute deals at the optimum moment, given your time frame and prevailing market conditions.

MSP Foreign Exchange Services offers complete security of funds by executing trades only through preferred FSA and HMRC regulated providers.

Commercial rates of exchange

Fast and easy to use

No hidden fees


Secure bank to bank transfers

Honest professional advice

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Free transfers ( deals over £30k )

Personal Clients

Business Clients

When you need to transfer money overseas or bring money home MSP will save you time and money.

MSP provides a tailored service to help your business make international payments and mange foreign exchange risk

Buying or Selling overseas property?


Business Clients

MSP prides itself on working with corporate clients to help maximise FX opportunity whilst minimizing risk. We are acutely aware that executing currency deals is not your main core business but to deal more effectively will make a huge difference to your bottom line. 

One-off or regular foreign payments?

Travel money?

Whatever your reason, MSP FX guarantee to beat the banks and make sure your money arrives quickly and safely.

Travel money


Get better rates than M&S, the Post Office or your high street bank

Commission free currency banknotes and travellers cheques

Free same-day delivery service in the City of London and Canary Wharf. Free next working-day delivery service nationwide on orders over £750.

The best rates of exchange always comission free


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We help a wide range of clients every year with their foreign exchange and international payment requirements.



''Mike provides a hands-on quality service both to me and my clients and has always produced research which is very accurate which ultimately leads to enhanced foreign exchange on our respective capital. His value proposition is further delivered by an excellent back office infrastructure which can expedite deals quickly and efficiently, which is of great importance in this market. I had looked to find this type of service for many years and feel more than confident with reference to introducing more clients to Mike and his team"

Barry Fromson MD- PFP Strategic Planning

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Informed market commentary from FX analyst Mike Paterson

The MSP Update

Monday 9 December 2019 Positive start for the Pound as General Election looms ever nearer

Foreign Exchange Services

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With over 38 years experience in the industry Mike’s knowledge and market intelligence converts into the best advice for his clients.

A new week and one that sees UK voters heading to the polling stations again on Thursday in a rare Winter election. As Monday opens so we're seeing the Pound underpinned and posting new recent highs as the polls point to a Tory majority government and the blinkered algos continue to not look at the alternatives but traders are going with the flow. Buy rumour sell fact? I still wouldn't rule it out. Elsewhere the US-China uncertainties continue in a week that also sees the latest interest rate/policy decisions for the US Federal Reserve and ECB on Wednesday and Thursday respectively. GBPUSD has now posted new 7-month highs of 1.3182 with EURGBP now finally falling through 0.8430 and 0.8400 to post 0.8393 lows. Pound rally tempered a little by some GBPJPY supply but underpinned still. EURGBP remains on the back foot helped by some general Euro supply with EURUSD trading tightly still but capped by option expiry interest again around 1.1100. GBPJPY has retreated again after once more failing above 143.00 and has been back testing bids at 142.50. Rally-selling GBP remains my preferred strategy overall but, as I've been warning for a while, I respect that some others (and the algos) see it differently at the moment. Remember we're ranging still so don't get too greedy whatever your bias. I continue to stay poised and sell when upside momentum fades but respecting the current demand still. EURUSD is holding above 1.1050 but capped into 1.1100 with another EUR 2bln in expiries in total rolling off today between 1.1070-80 and 1.1100-05.USDJPY has broken down through 108.50 on some softer risk sentiment but still not racing anywhere in a hurry for the moment with large expiry interest between 108.50-70 today. USDCHF continues to find dip demand helped by the EURUSD supply with EURCHF still ranging and the SNB being ever vigilant.

The MSP Update is essential for both personal and business clients alike who want to be kept informed on a daily basis. If you would like to discuss your requirements then give us a call now with no obligation on you to trade.

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MSP Foreign Exchange Services Limited 2 Blackmoor, Roodlands Lane , Four Elms TN8 6PG UK Company Number 8708683  MSP Foreign Exchange Services only uses companies regulated by the Financial Services Authority under the Payment Services Regulations 2009, and authorised by HMRC for the provision of payment services.

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