Raphaels Bank: private bankers since 1787, A Lenlyn Group company

Commercial foreign exchange (CFX)

	Overview

	CFX Business services
		Forward contract
		Electronic transfers
		Foreign currency drafts
		Case study


	CFX - Personal service

	Benefits

	Opening an account

	Trading agreements

	Documents requested

	CFX Data

The service is designed to provide clients with control over the exchange rates, timing, and accounting of orders, while minimising their involvement in the draft generation process.

The foreign draft service offered by Raphaels Bank includes the following features:
	-	Drafts may be purchased in main trading currencies. Drafts are to be drawn on major banks in each country, and can be deposited for credit to the account of the beneficiary.
	-	Reference information, such as invoice or purchase order numbers, may be included on each draft to further identify the reason for the payment.
	-	A stub is included with drafts which clearly identifies Raphaels' client as the remitter.
	-	Orders are clearly documented in a confirmation which lists exchange rates and fees for each draft ordered.

To find more about Foreign Currency Drafts please contact the sales team
on 0800 587 8722.

Legal info | Data Protection Act

Raphaels Bank is a registered trading name of R Raphael & Sons plc - Raphaels Bank - CFX Department, Albany Court Yard, 47-48 Piccadilly, W1J 0LR
Freephone: 0800 587 8722 - Fax: 020 7292 5472 - Email: cfx@raphael.co.uk

Authorised and regulated by the Financial Services Authority