AutoFX is a rule-based solution that automates your FX handling. By putting it into autopilot mode, AutoFX will free you from manually monitoring your currency account balances and FX transactions.
- Free up resources and eliminate manual tasks
- Minimise operational risk and human error
- Manage liquidity in close to real-time
- Reduce interest cost by monitoring automatically and topping up of negative balances
- No implementation needed and easy to update settings
How AutoFX can help you
AutoFX comes equipped with features to help FX handling and account balance monitoring, including:
Cross-currency Sweeping and Topping
AutoFX automates the transfer of currency balances and the related FX conversions. Sweeping empties positive foreign currency account balances to your home currency and Topping tops negative foreign currency account balances for you. AutoFX allows you to define variables such as the minimum balances on these accounts and the time intervals for account emptying.
Automated cash flow and Liquidity Management
If you have flows in multiple currencies, Liquidity Management automates the execution of overnight FX swaps. This effectively eliminates negative balances in foreign currency accounts, while minimising interest payments caused by overdrafts.
Full system API Integration
An integration of your enterprise system with our REST API allows you to manage FX risk in real-time. It also enables you to provide guaranteed multi-currency rates in your e-commerce webshop or checkout process.
We are here to help you get started
Activating AutoFX is easy. All you need to do is contact us, set the rules according to your FX policy and we will activate the service for you. Please note that AutoFX is not suitable for customers looking to speculate or to take an active view in the FX market.
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