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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

Our credentials

MSP Foreign Exchange Services was created by Mike Paterson, who set out on a mission to protect clients from currency risk whilst maximising exchange rate opportunity.

Mike, or 'Oscar' as he is better known in the City, spent the majority of his career working in the interbank market as a highly successful Senior FX Trader for both UBS and Credit Suisse as well as being the Head of Foreign Exchange at the State Bank of Victoria London. With personal daily trading volumes in excess of $1.5 billion, Mike established himself as a trader of note combining professional and personal integrity with a cynical grasp of seizing market opportunity.

Since leaving the City Mike has been working as an independent consultant and now provides a bespoke advisory and execution platform for physical FX delivery to the Corporate and Private Sectors, as well as those wishing to better manage their currency trading. By minimising unnecessary overheads and investing time into building a reputation through credibility, MSP FX can offer companies and individuals outstanding exchange rates and provide an exceptional foreign exchange service without hidden fees or commission.

Mike also presents workshops and seminars at all levels throughout the UK, written for numerous publications and is part of the analysis team at the highly regarded Other credits include multiple appearances on the Bloomberg Financial TV and Radio stations including BBC's Radio 5 live. Mike was also heavily involved in the formation of the UKMTA ( UK Money Transmitters Association) which was created to provide an industry standard and voice for the commercial FX and cash remittance sectors whilst eliminating many of the less than ethical operators by ensuring that all payment providers were FSA regulated.

After 30 years involved in the industry Mike’s knowledge and Interbank contacts enable him and the MSPFX team to access the keenest market intelligence and convert that information into best advice for their clients.

Mike was born in Essex and remains a lifelong fan - and now Official Partner - of Southend United FC, as well as being a keen cricketer and member of the MCC.

For Business

For Individuals

When you are making international payments for individuals you can benefit from our expertise in seeking the best possible rate, whether you are sending or receiving foreign currency. We can help to protect you from exchange rate fluctuations and save you time and money on international payments.


MSP FX provide tailored currency exchange and international payment solutions to businesses involved in cross-border trade. Our foreign exchange team for business can help you save money, control risks, fuel growth and protect your future whether you are importing, exporting or both.

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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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