How to perform currency conversion on the Modulr platform?

You can perform currency conversions on the Modulr platform using our powerful financial orchestration capabilities, combined with our pre-built Modulr banking integration, and by establishing a custom connection to any liquidity provider of your choice.

Combined with (select)

Combined with

Any liquidity provider

Any liquidity provider

What you get
Technical Advantages
  • Spot FX
  • Dynamic pricing per currency
  • Ability to show mark-ups
  • IF platform coordinates with integrated FX liquidity providers
  • Manages any fees or markups
  • Unlimited standard accounts and house accounts
  • Corporate and individual standard account types
  • GBP and EUR accounts
  • Universal transfers (domestic + international payment rails)
  • Real-time currency conversion
  • Real-time liquidity management on live currency conversion rates
  • Highly secure, agnostic and fully redundant infrastructure platform
  • Best-in-class back office portal for your finance and ops teams
  • Full exchange lifecyle
  • Automatic value date calculation
  • Automatic rolling of exchange if balance below amount converted
    • Ensure redundancy and eliminate the risk of de-banking by any banking provider
    • Easily add, switch, migrate and remove banking providers without the need to build integrations from scratch
    • Manage and extend the capability of all account related financial business operations with access to a decoupled ledger system
    • No need to build a streamlined, decoupled ledger system showing updated client balances as a result of FX transactions
    • Utilise a best-in-class back office portal to perform liquidity operations such as sending funds to your liquidity provider, converting, receiving funds back to your house and/or client accounts
    • Reduced total cost of ownership across direct, indirect and opportunity development costs
    • Reduced risks associated with software security and regulatory compliance
    • Faster time to market
    • Utilise a variety of webhooks to action multiple workflows to build your Fintech product