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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

100% commission free

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

Thursday 21 February 2019 FOMC leaves markets second-guessing still

Foreign Exchange Services

Last night the US Fed FOMC published the Minutes to their last interest rate meeting and produced the expected mix of cautious tones, domestically and globally, while still suggesting a chance of hikes if circumstances/data allow. The Fed is another major central bank that finds itself between a very big rock and an equally hard place. The Greenback found a few buyers initially but nothing of real note as the jury remains out. Yesterday the Pound make some further gains on renewed positive Brexit outcome hopes but that's been tempered by the defection of three Tory MPs to join the breakaway Labour MP-led Independent Group. Plenty of talk about a significant number of others ready to jump ship. Meanwhile May fiddles while the UK burns. GBPUSD had a brief look above 1.3100 but has since retreated to test 1.3025 support with rally-sellers, including me, ever poised. EURGBP has traded tightly as the Pound went on a round-trip.I remain GBP bearish overall and continue to rally-sell. Still no change as far as I'm concerned right now.The latest Brexit sentiment changes only highlighting how fragile/fickle the issue remains while the political mess unfolding can not be deemed positive. Equally there are plenty in favour of buying dips at the moment too so I expect to see good two-way business. EURUSD is also still making its mind up and has tested the 1.1380 res/offers before falling back to 1.1320 while USDJPY has found support again at 110.50 after failing into 111.00 yesterday and also continues to trade tightly. USDCHF duly found some dip demand at 0.9980 but failing at 1.0020 so far with EURCHF tightly bound still and EURUSD variable. AUDUSD had a wild ride testing 0.7200 res/offers on stronger jobs data only to fall back and test 0.7080 on dovish interest forecasts from Westpac and some more negative-sentiment towards Australia from China. USDCAD continues to trade tightly amid the current USD uncertainty.

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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.

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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