Just secured your last round of funding? Use Averaging to smooth out the exchange rate over time, reducing your risk of funding your business on a bad day.
If your business has foreign income thats unhedged, you risk losing margin to ever-changing exchange rates. Use Bound to help you lock-in foreign income in your local currency.
Don't just trust one side of the story! Here's what our partners have said about us.
“With Bound, I know I am getting a price that is typically reserved for big companies.”
Mirko Del Prete CEO, Aster Cucine
“The travel industry is rife with currency risk due to having so many payments going out around the world. Bound makes that risk easy to manage for companies of our size. It’s affordable, easy to set up and totally free of all finance jargon.”
Stefan Cars CEO, Snowfall Travel
"Using Bound has been great - the user experience is far smoother and quicker than traditional FX brokers and the transparency on fees is incredibly refreshing"
Is Bound regulated by the Financial Conduct Authority (FCA)?
Yes. Bound Rates Limited (FRN 966723) is authorised and regulated by the Financial Conduct Authority to act as an Investment Firm.
02
How does the payment process work?
When you book a conversion on Bound, settlement instructions will be provided on the platform and you will receive a trade confirmation email. Simply remit funds via your usual banking method and once received, you will receive an email confirmation receipt. Your converted funds will then be released and you will receive a payment confirmation email. The status of your transaction on the platform will update throughout the process.
03
How does Bound make money?
Creating an account and using the Bound platform is subscription free. We charge a small, transparent fee per trade. This fee is always visible to you when you request a quote.
04
Do I need to transfer before I exchange?
No. Once your account is open you can transact by following the payment instructions provided to you.
Our Blog
Inflation in Europe: What to Know
In a market economy, prices for goods can change over time. We'll look over inflation and the impact it has, outlining its effects and how to protect against it
