Convera

Chamber FX

The Essex Chambers of Commerce partners with Convera, a global foreign exchange (FX) and international payments specialist, to give members access to competitive FX rates and frictionless global payment services.

Introducing Convera

Convera’s purpose is to make moving money so easy that any business can grow with confidence. They are transforming their global commerce platform and capabilities for the future, while delivering frictionless payments for customers today.

With over 40 years of industry expertise, Convera is one of the largest non-bank payments companies in the world, supported by dedicated industry specialists. They help businesses of all sizes move money around the world quickly, securely, and efficiently.

They work with:

      • Corporates: Simplify international trade and efficiently manage cash flow
      • Financial institutions: Help clients send and receive money, and leverage new streams of non-interest revenue
      • Legal: Help manage risk, contain costs, and efficiently manage finances
      • NGOs: Get money to remote locations where it’s needed, when it’s needed
      • Education: Expand your reach and serve the growing international student market

What They Offer

Send and receive FX

Take your business global with confidence

  • Transact globally with a trusted network
  • Pay quickly
  • Help reduce conversion fees
  • Forecast payables and receivables
  • Access invoice records quickly
  • Integrate with simplicity

Manage FX risk

Help protect your international business against foreign exchange exposure

  • Work with industry-leading risk experts
  • Gain confidence in your cashflow
  • Enter into forward contracts
  • Create options contracts*
  • Lock in and stay ahead of rates

Send mass payments

Initiate global marketplace and B2C payouts at scale

  • Tap into revenue opportunities
  • Integrate with ease
  • Work across the entire payables value chain
  • Connect to a trusted global network
  • Help reduce costs
  • Navigate your compliance obligations

Best-in-Class Compliance

Convera places compliance at the heart of its operations. Their global and local frameworks include:

      • Rigorous compliance across every country and territory in which they operate
      • A comprehensive, risk-based programme built on the Three Lines of Defence model
      • Business models and platforms built with risk mitigation and controls in mind from the outset

Their robust compliance program is built by experts from major banks, regulators and law enforcement agencies across the world.

 

Removing Friction from Global Payments

International payments can be challenging. Convera helps businesses overcome issues such as:

        • FX volatility and market unpredictability
        • Complex systems integration and manual processes
        • High fees and delayed international transfers
        • Compliance and regulatory hurdles
        • Inefficient reconciliation and late invoice payments

 

Frictionless Payments, Worldwide

With Convera, you can:

      • Send and receive payments in 200+ countries and territories
      • Access FX in 140+ currencies
      • Make spot transactions or manage FX risk with forwards and options
      • Streamline workflows with scalable mass payments
      • Reduce admin and boost efficiency with industry-specific solutions
      • Benefit from strong fraud prevention and robust global compliance

 

Choose Convera through the Essex Chambers for innovative platforms that simplify international business, an extensive global network spanning 200+ countries, proactive compliance leadership, and flexible commercial models designed to support your business growth.

Getting started with Convera is easy through a simple, consultative onboarding process: discuss your needs to identify the right FX solution, build a strategy tailored to your growth goals, and start trading globally with full onboarding and training.