Foremost Finance

FAQ

Bank Charges

Transaction cost per TT based on the banking institution selected. This is confirmed at the end of each booking

What are the costs

Our fee structure is as follows: - Flat fee per deal + commission based on value of transaction * Additional bank fee applies for advance payments

How do we pay your beneficiary

All transactions are concluded via Electronic Funds Transfer (EFT). We do not accept cash or cheques under any circumstances. *Forward Exchange Contracts: 10% of the deal value is required at the time of booking, with the remaining amount payable on the value date

How do you pay for the Currency?

Client deposit - EFT For all Currency transactions to ensure transparency, security, and compliance with regulatory standards. Beneficiary payment - SWIFT Secure and efficient global communication between banks and financial institutions. NO Cash Deposits accepted