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What Services can you offer?
Who is the service available to?
What Territories do you initiate payments from?
Do I need a Bank Account with each Bank?
What are Escrow (Trust) Accounts?
What types of Banks are you using?
Why is Bank Independence important?
How much does the service cost?
Why should I trust you with my business?
What about security of my money?
What about the Data Protection Act?
What can you offer that the existing platforms can't?
How can I transmit Data?
How does SSL 128bit encryption protection protect any data that is transferred?
What does truly "Bank independent" mean?
How are your optimum Banks chosen ?

How can I proceed?

 

  Answers
 

What Services can you offer?

Intelligent Exchange off three main services

1. The X-Border Solution for sterling based liabilities

2. Overseas Supplier Invoice Settlement for the settlement of foreign currency invoices.

3. Currency Receipt Service for the repatriation of overseas funds to the UK

 

Who is the service available to?

The Intelligent Exchange service is suitable for any industry operator from the Sole Traders to Multi-National Corporations.

 

What Territories do you initiate payments from?

We are currently offering our services to Businesses of the U.K. only. We are happy to expand this service but we are constrained by the local Financial legislation of individual territories. Please re-visit our site for updates on new territories.

 

Do I need a Bank Account with each Bank?

No. What is required is that an Escrow (Trust) account is established in order to use the service.

 

What are Escrow (Trust) Accounts?

Each client, once accepted, has individual segregated Trust Accounts opened in any currencies in which we can trade. These Trust accounts are held separate from both our own accounts and those of other clients.

 

What types of Banks are you using?

lntellex has partnered with many of the largest niche FX Banks in the world.

 

Why is Bank Independence important?

Would you trust your Bank to ALWAYS act in YOUR best interest ? We are stringently maintaining our independence to ensure that our service is impartial.

When we say Independent Multi-Banking on a transactional level, we mean exactly that. We are not a "Bank controlled Platform" that PRETENDS to be independent.

 

How much does the service cost?

Our "X-Border" service is better than free. We make our profit from a commission split on any gains achieved. So no gain to you = no profit for us. That concentrates the mind!

 

Why should I trust you with my business?

As in any FX Transaction there is no commitment for future use. You can try us once. If you are not totally happy with our service, then you never have to use us again. We are, however, sure you will be impressed by the results.

 

What about security of my money?

We use segregated Client Trust Accounts for your peace of mind. These are held separate from both our own funds and those of other clients with whom we deal.

 

What about the Data Protection Act?

We take security very seriously indeed and are registered under the Data Protection Act to hold the minimum amount of data necessary to transact on your behalf. We do not publish any details to outside parties other than the details necessary to effect transactions.

 

What can you offer that the existing platforms can't?

Independence, Integration and "Intelligent Exchange™". We have designed our services from a customer viewpoint as that is where we started life...as customers of the monopolistic Banks.

 

How can I transmit Data?

We can accept data in a variety of ways: Web-site upload, Integration from Accounts system, E-mail Attachment, Intranet transfer, Fax or phone.

 

How does SSL 128bit encryption protection protect any data that is transferred?

SSL or Secure Socket Layer is the industry standard protocol developed by Netscape for encrypted transmission over TCP/IP networks. It sets up a secure end-to-end link over which http or any other application protocol can operate. In essence when SSL is invoked the link ensures that all data passed between the web server and the browser remain private and integral. In order to be able to generate a SSL link, a web server requires an SSL certificate and when installed can be used to create a secure links to protect transactions, passwords, personal details, etc.

 

What does truly "Bank independent" mean?

True Bank independence means that we are not owned by any Bank nor are we beholden to transact through any specific Bank. We can make an impartial decision on the best solution to your particular needs.

 

How are your optimum Banks chosen?

We arrive at the optimum solution by considering not only the offered rate of exchange but also the associated transactional charge that the respective Bank levies for processing any particular payment.

 

How can I proceed?

Before we can accept any custom we are obliged to carry out 2 simple procedures. The first is what we call a Volume, Value,Timing analysis (VVT). This helps us to predict service levels and requirements. Secondly we carry out standard "Know Your Client" procedures which are intended to reduce the amount of Global Money Laundering which is prevalent in today's Borderless world.

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