Conversion timelines

Overview

Last month, we told you about the huge improvements Currencycloud have made to the speed in which we handle payments. Now, we’ve got even more great news – conversions will get over the line quicker too.

How you’ll benefit

  • 97% of conversions are now available same day! We think this is huge as it allows you to make payments quicker than ever before. All our currencies are now converted same day or next day, from the point when funds are received.
  • Extended cut-off times. You’ll now have more time to send funds to Currencycloud meaning more transactions will be processed same day.
  • 12 month forwards available for all currencies. You can now manage your FX risk for a whole year with our improved forwards capability.
  • Fully automated service. All our currencies, including exotics, can now be converted through our API or direct platform. No need for a phone call!

New delivery and cut-off times

All changes below are also available on the FX Timelines page.

Currency Previous New and improved 
Bulgarian Lev (BGN) T+1 before 13:00 T+1 before 15:30
Chinese Yuan (CNY) T+2 before 15:30 T+1 before 08:00
Croatian Kuna (HRK) T+1 before 13:00 T+0 before 15:00
Czech Kuna (CZK) T+1 before 15:30 T+0 before 08:00
Danish Krone (DKK) T+1 before 15:30 T+0 before 9:30
Euro (EUR) T+0 before 13:20 T+0 before 13:50
Hungarian Forint (HUF) T+1 before 15:30 T+0 before 08:00
Mexican Peso (MXN) T+1 before 15:30 T+0 before 08:00
Norwegian Krone (NOK) T+1 before 15:30 T+0 before 9:30
Polish Zloty (PLN) T+1 before 15:30 T+0 before 08:30
Romanian Leu (RON) T+1 before 15:30 T+0 before 08:00
Russian Ruble (RUB) T+1 before 13:00 T+0 before 08:00
South African Rand (ZAR) T+0 before 08:45 T+0 before 9:30
Swedish Krona (SEK) T+0 before 08:45 T+0 before 9:30
Swiss Franc (CHF) T+0 before 08:45 T+0 before 9:30
Thai Baht (THB) T+2 before 15:30 T+1 before 08:00
Turkish Lira (TRY) T+1 before 15:30 T+0 before 08:30
Ugandan Shilling (UGX) T+2 before 15:30 T+1 before 08:00
UK Sterling (GBP) T+0 before 13:20 T+0 before 14:20

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