Global growth
SIMPLIFIED
Currency Accounts In Your Company NameAccess To Over 150 CurrenciesMarket beating payment speedsRegulated by the FCA as an Authorised Payments InstitutionIntelligently Timed TradesSpot Trades, Forwards and Market Orders
“Trading in currencies across the world, and the ever-increasing reliance on computer trading, the personal touch that George and his colleagues provide makes the difference, and helps for better trading and better profits.”
Managing director of a Lighting company
“We have been using Sovereign for about a year now and have been very pleased with the personal service we receive from Harry, competitive rates and speedy response times to any enquiry. We also appreciate the proactive approach with regard to market rate movements and information given enabling us to make informed choices for our business needs. We are approached almost daily by FX companies seeking to win our business but will be sticking with Sovereign.”
Director of a Property Development Company
“I have been very satisfied with all my dealing with Sovereign for the purchase of Sterling and Canadian currencies for my company. I am currently deal with Sean Galvin his team , and I am extremely satisfied with the level of service and quality of detail received, and I have no hesitation in recommending them to other customers, as I found them to be extremely helpful and very efficient.”
Finance Manager of a Computer Support Company
“We have worked with Sovereign International for the past 18 months as our sole FX service provider. Sean and his team have provided an excellent service at all times. Responses to our requests are, without fail, dealt with and actioned immediately. Sean, as our account manager, has taken the time personally to understand what we do as a business and therefore provides a service that is bespoke to our needs"
Finance Director of a School Trip Company
“We have been using Sovereign for a number of years and always find Sean very helpful and efficient. Their rates are very competitive, much more so than our bank, and transactions are handled quickly and easily. We would not hesitate to recommend them!”
Finance at a Software Company
“Being new to foreign currency transactions it was a huge relief to come across Sean Galvin and the team at Sovereign. They are professional and knowledgeable and have saved me and our company time and money on both a professional and personal basis. I can highly recommend them.”
Accounts at a Computer Consultancy
“We have used a number of brokers to transact our USD and Euro payments over the years but in working with Sean Galvin and Sovereign over the last three we could not have been happier.
Director of a Packaging company
“Sovereign – Always obliging, always efficient, always the best deal available. Will keep on with Sovereign and would recommend them without hesitation.”
Director of a Construction Company
“We have been working with Sovereign, since last summer, for all our foreign exchange requirements. We have saved large percentages over our bank rates on every trade, which has already saved us thousands in that time. We would highly recommend Sovereign to anyone who has FX requirements.”
Accounts at a Tea and Coffee Company
We have used Sovereign International for the last 3 years and find them excellent. It is not only the savings we have made, it is the ease of making the foreign transaction."
Finance Manager at an Industrial Supplies Company
“As a company we use Sovereign to mainly purchase dollar forwards, I have found the service to be very efficient and the notifications given when rates are expected to rise/drop very helpful. George always responds quickly to any payment request or query I put through. I have dealt with other currency companies in the past and found them lacking. Fully recommend Sovereign International.”
Accountant at a Packaging Company
“We have dealt with Sean Galvin at Sovereign since November 2017 to make Euro purchases. They offer very competitive rates and we have found Sean and his team very helpful and professional and would have no hesitation in recommending them.”
Director of a Confectionery Company
“We have used Sovereign International since July 2016 and I've had a very good experience of working with Sean and his team during this time. The service above all is hard to match. The communication and speed when dealing with your payments has also been very efficient, probably the most so, of any currency trader we have worked with."
Corporate Controller at a Pharmaceuticals Company
“Please be advised that we have used the services of Sovereign Partners and in that time, we have found the service very reliable and efficient with substantial savings obtained on our foreign currency transactions.”
Accounts at an Agricultural Equipment Importer
“We have been using Sovereign International Partners for over a year now and are 100% happy. Competitive rates and excellent service every time! The speed and efficiency that transactions are dealt with is excellent and to be honest makes the whole foreign exchange process so easy. Special thanks to Sean and Liam but to the whole team – you are great!”
Director of a Food Importer
“Sovereign made our job less worrying, I feel like you guys are a part of our extended business, your regular information and updates, friendly service especially you Harry, makes us feel that we are part of the same organisation.”
Accountant at a Catering Company
“I can confirm that we have being using Sovereign International over the last few months to conduct our foreign currency payments. Due to the daily currency fluctuations I am unable to confirm the overall saving we have gained by using them. However I can confirm that we would be saving in the region to €10-€20 per €1000 each transaction if not more when compared to our bank.”
Director of an Office Supplies Company
“We have been working with Sovereign International for a good while now. Our contact there is George Jackson. George has been friendly, professional, helpful and extremely efficient. I wouldn’t hesitate to recommend this Company.”
Director of an Adhesives Company
“We have been using Sovereign international for over 3 years now and we order through Sean Galvin. I can highly recommend this company and Sean is always very helpful. We have saved a lot over the years and find them very efficient and they offer a great service.”
owner of a Travel Company Owner
“We have used Sovereign International for the last 2 years and I've had a very good experience of working with Sean and his team during that time. The service above all is superb with good rates to match - the communication and speed when dealing with payments has also been very efficient, probably the most so of any currency trader we have worked with. Also the paperwork is very comprehensive and whenever I've need anything the turnaround has been very quick. I would thoroughly recommend Sean and Sovereign International.”
About us
Why Choose Us?
Since 2014 we have catered for large corporates, small-medium sized enterprises and private individuals.
Service
We tailor the service to your needs
- Collection accounts in your company name in multiple currencies across multiple countries.
- Access to over 150 currencies
- Spot Trades, Forwards and Market Orders.
- Your own dedicated Trader who understands your business.
Savings
Inclusive of our markup, we regularly save clients up to 3% of the traded amount
Savings are not guaranteed, please get in touch to compare rates
- Live and highly competitive exchange rates.
- We’re partnered with top forecasters for Bloomberg and Reuters, meaning Intelligently timed trades, avoiding unforeseen market fluctuations and reducing costs.
- Little to no deposits on Forwards.
Security
Sovereign International is authorised by the Financial Conduct Authority under The Payment Services Regulations 2017 (Registration Number 1018910) for the provision of payment services.
We’re also partnered with a large network of payment partners that:
- Have over £1billion in investment from the likes of Visa, Google, JP Morgan & Santander
- Are authorised and regulated by the FCA
- Have worked with 100,000+ businesses, organisations, and private individuals
- Have transacted over £50billion in the last 12 months alone
- Are operating in over 40 offices globally
Services
Named Collection Accounts
Benefit from cross-border and in-country collection accounts in your company name.
Services
Foreign Exchange Services
Spot Trades
Book today’s rate and have the flexibility of paying within two days. Perfect for currency and payments that you need fast.
Forwards
Protect your profit margins from exchange rate fluctuations by booking today’s rate and paying at a later date, up to years in advance. If you do not have a fixed date, then we can book a window forward and you can use the currency over a set time period. There is no limit to how many times you drawdown on your contract.
Market Orders
If you have a target rate for a trade, we can input a digital order for that rate which runs 24 hours a day, 7 days a week. Even if your rate becomes achievable for just a second, your order will fill and you will be notified.
Market Analysis
Your dedicated Trader will guide you at every step along the way when trading. Even when you are not, they will keep you updated on any significant news and market movements to avoid any unforeseen fluctuations in the rates, meaning you will not have to worry about any unforeseen costs.
Foreign Exchange Services
How does it work?
We make it easy to send and receive up to 150 currencies across the globe. Whether you need to pay suppliers or collect funds from your international clients, we can make payments quick and easy or even set up currency accounts in your name to take the stress out of securing your revenues
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Give us a call or send us an e-mail to confirm the rate.
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Send your funds to your account which is safeguarded at a credit institution.
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Let us know where to send your currency by logging into to our online portal, or sending us an e-mail from your authorised e-mail address.
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We send the funds to your beneficiaries swiftly and securely. You will be automatically notified once your funds have been sent.
Services
Trade Finance
Ebury can pay your suppliers early and reduce your cashflow gap
Borrow up to £3 Million
Pay Ebury back 150 days later: Reduce your liquidity needs with our longer payment terms.
Pay as you go
There are no upfront or hidden fees, meaning you can use the facility whenever you like without incurring unnecessary costs.
Your goods are yours
Ebury takes no collateral, which means there’s no impact on any existing credit lines you have.
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Your supplier sends you an invoice.
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You forward the invoice to Ebury and Ebury pays your supplier in any currency.
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You sell your goods or services.
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You repay Ebury up to 150 days later in your domestic currency.
Trade Finance
As an importer, how does trade finance work?
- Pay your supplier in their local currency and repay in yours. Avoid currency fluctuation risks and reduce costs.
- Pay your supplier earlier. Improve your supplier relationships and negotiate discounts.
- Align your outgoings with your income and take control of your finances.
Services
Affiliate Partnerships
We believe that the most powerful way of doing business is through referrals, so we designed a partnership programme to reflect this. You can add value to your core business by facilitating any FX requirement your corporate or personal network may have, through an industry-leading provider.
You can feel comfortable referring business to us knowing that we provide the most simple, secure and cost-effective route for any kind of FX payment. We also have one of the most attractive commission structures in our market, meaning this really is a win-win scenario for you and your network.
Some of our current partners include:
Rate Comparison
How much could we have saved you?
You will be emailed with our exchange rate within 1 hour.
We will only call you with your prior agreement.
No mailing lists, no phone calls, no nonsense.
Market Update
Our Weekly FX Update
Weekly Market Update
US dollar sell off continues after weak jobs data
Friday’s soft nonfarm payrolls report added further ammunition to the doves in the Fed, and rate markets continued pushing back their expectations of hikes in the US.
Highlights:
- Dollar slides after soft payrolls report for July.
- US CPI report on Wednesday set to be key for September Fed meeting.
- UK second quarter GDP report set to show mild slowdown in growth.
- Japanese yen retraces portion of post intervention gains.
- RBA set to hold rates steady during its August meeting this week.
- Canadian jobs report surprises to the upside.
The dollar lost ground against all of its major peers, with the conspicuous exception of the yen. This retracement in the yen should be put into perspective, however, as the Japanese currency is still up massively over the last two weeks due to aggressive joint FX intervention between the US and Japan. Beyond currency markets, bond prices have stabilised and equity prices continue to hit records, as investors choose to ignore for now the lack of progress in talks between the US and Iran and stubbornly high oil prices.
All eyes are now on the US CPI report for July, out on Wednesday. US inflation has so far shown little sign of second round effects. This report is one of two remaining before the key September Fed meeting, so another mild print in line with economists’ expectations could help seal the decision for no change in rates at the next meeting. We will also pay attention to a slate of big Treasury bond auctions throughout the week. UK GDP data for the second quarter on Thursday will also be an important, albeit lagged, reading.
USD
Friday’s labour market report surprised to the downside, though other indicators continue to suggest little change in job market dynamics in the US, i.e. restrained job creation that is nevertheless sufficient to absorb the diminished supply of workers. We see little reason to change our views of the US economy. As for the Federal Reserve, recent labour and inflation data reinforce our view that the central bank will keep rates unchanged in September, which remains the base case according to futures pricing, albeit only just.
The next test of our view is the July inflation report on Wednesday – economists are expecting a modest drop in both the headline and core rates of inflation. We think that it would take an unlikely significant upside surprise to tip the balance of FOMC voters towards a hike at the September Fed meeting.
EUR
In a generally light data week, national reports suggest the German economy is finally benefitting from increased government spending, as the large fiscal package from 2025 filters through. High frequency indicators out of the common bloc such as the business activity PMIs have rebounded, suggesting that economic momentum from the surprisingly strong second-quarter growth numbers is carrying into the third quarter.
Markets are pricing in an 80% chance of a second hike at the September ECB meeting, which is helping the euro continue its rally against the dollar. News of a deal to reopen the Strait of Hormuz could also be mildly bullish for the common currency as and when we get it, though any upside here could be limited given that a lot of good news already appears to be priced in by markets.
GBP
Gilt markets seem to have stabilised lately, and markets are taking their cue from the modestly positive tone in economic data out of the UK. For now, noises suggesting that Andy Burnham may take a relaxed view of the UK fiscal rules are being ignored, and sterling is joining in the generally good performance of British assets.
This week’s quarterly GDP numbers are expected to show a slowdown from the strong pace of growth in the first quarter of the year, with the economy still buoyed by government spending, as private investment lags. This is not the best basis for future growth, but markets deem it good enough for the time being. Barring any major surprises, this could be a relatively quiet week for British news, as the steady stream of policy announcements has dried up since Burnham disappeared for his holiday.
BobDirector of an Industrial Tooling Company