Transactional FX

Access interbank FX rates and programmatically manage currency risk.

Choose an FX solution that best fits your needs

Use one or more products to build a unique solution for your use case. Learn more on Choose your FX solution.

Key Features

Create a conversion

Get the best possible market rate at the point of conversion or a guaranteed rate with a validity period

Cancel a conversion

Change of mind? Cancel your booked conversion before settlement

Our FX network

Explore our supported regions and currencies.

Multi-currency support

Transact in nearly 1000+ currency pairs across 60+ trade currencies

Explore related products

Integrate your FX solution with roecny products to strengthen your global financial infrastructure.

Embedded Finance Use Cases

Banking as a Service

Offer a full-featured fintech solution including accounts and card issuing

Global Treasury

Enable your platform to collect and disburse funds globally

Platform APIs

Payouts

Programmatically make cost-effective, fast and secure global payouts

How Transactional FX Works

roecny’s Transactional Foreign Exchange (FX) capabilities provide a wide-ranging set of solutions to allow your business to access FX prices and transaction services that best meet your unique needs.

Each business is unique, and the challenges of converting one currency to another will also vary from business to business. roecny's FX solution to these challenges is to offer great flexibility in how you obtain prices from us, how you execute transactions with us, and how you can manage any inherent FX risk your business is exposed to.

Key Features

• Highly available FX pricing and conversion services — 24 hours a day, 365 days a year
• Highly competitive pricing — we work hard to offer the best available pricing to all our customers
• Access to a wide range of currencies — including currencies that are traditionally hard to deal in
• Choice of FX products, Rates, and Quotes — available via roecny API
• Quick and easy integration — regardless of your product choice (Rates or Quotes), you can be up and transacting quickly upon successful account registration
• Seamless integration — with the wider roecny range of features

Supported Regions and Currencies

roecny currently has the capability to transact in nearly 1,000 currency pairs across 64 currencies — a capability that is constantly improving. Some of the pairs are freely traded, meaning we are able to price and execute on both sides of the trade, whereas pairs that contain a currency with additional constraints are considered exotic currency pairs.

You can use the supported currencies endpoint to get a list of currencies you can buy or sell.

Buy and sell amounts are rounded to the nearest unit based on a currency's decimals as defined by ISO 4217.

Current List of Supported Currencies

Currency Code	Country	Buy	Sell	Pure Conversion (Hold in Wallet)	Convert + Payout
AUD	Australia	✔	✔	✔	✔
CNY	China	✔	✔	✔	✔
USD	United States	✔	✔	✔	✔
HKD	Hong Kong	✔	✔	✔	✔
EUR	Eurozone	✔	✔	✔	✔
GBP	United Kingdom	✔	✔	✔	✔
CAD	Canada	✔	✔	✔	✔
SGD	Singapore	✔	✔	✔	✔
CHF	Switzerland	✔	✔	✔	✔
NZD	New Zealand	✔	✔	✔	✔
JPY	Japan	✔	✔	✔	✔
THB	Thailand	✔	✔	✔	✔
SEK	Sweden	✔	✔	✔	✔
NOK	Norway	✔	✔	✔	✔
DKK	Denmark	✔	✔	✔	✔
HUF	Hungary	✔	✔	✔	✔
CZK	Czech Republic	✔	✔	✔	✔
PLN	Poland	✔	✔	✔	✔
RON	Romania	✔	✔	✔	✔
IDR	Indonesia	✔	✔* (CN & HK customers only)		✔
MYR	Malaysia	✔	✔* (MY customers only)		✔
PHP	Philippines	✔			✔
TRY	Turkey	✔			✔
INR	India	✔			✔
VND	Vietnam	✔			✔
KRW	Korea, Republic of	✔	✔	✔	✔
BDT	Bangladesh	✔			✔
LKR	Sri Lanka	✔			✔
NPR	Nepal	✔			✔
PKR	Pakistan	✔			✔
MXN	Mexico	✔	✔	✔	✔
ILS	Israel	✔	✔	✔	✔
ZAR	South Africa	✔	✔	✔	✔
BHD	Bahrain	✔* (CN & HK customers only)			✔
EGP	Egypt	✔			✔
AED	United Arab Emirates	✔	✔*	✔* (Excluding customers in UAE)	✔
SAR	Saudi Arabia	✔			✔
MAD	Morocco	✔			✔
CLP	Chile	✔			✔
ARS	Argentina	✔			✔
BRL	Brazil	✔			✔
COP	Colombia	✔			✔
BOB	Bolivia	✔			✔
PEN	Peru	✔			✔
UYU	Uruguay	✔			✔
AOA	Angola	✔			✔
BGN	Bulgaria	✔			✔
LSL	Lesotho	✔			✔
MGA	Madagascar	✔			✔
MWK	Malawi	✔			✔
NAD	Namibia	✔			✔
NGN	Nigeria	✔			✔
RWF	Rwanda	✔			✔
XOF	West Africa	✔			✔
BWP	Botswana	✔			✔
GMD	Gambia	✔			✔
KES	Kenya	✔			✔
PYG	Paraguay	✔			✔
ZMW	Zambia	✔			✔
XAF	Equatorial Guinea	✔

Funding and Settlement Models

Depending on the jurisdiction in which you operate, and the types of accounts you have with us, your roecny account will be assigned to either a pre-funding or a post-funding workflow.

Your funding mode will dictate the timing of when you fund roecny and when roecny will settle your conversions. If you are unsure of which funding mode you have been assigned, please contact your customer support representative, who would be happy to assist.

Pre-funding Workflow

Prior to booking any conversion or payout, clients assigned to pre-funding mode must first top-up their roecny Wallet. The funds required for a conversion or payout are deducted from the relevant wallet balance and cannot exceed your available funds in the currency you are converting or paying out from.

Post-funding Workflow

Clients assigned to post-funding mode are permitted to book conversions and payouts without sufficient funds available in their wallet. These accounts will have a limit assigned to them, which will be the upper limit of unfunded transactions you can have open with roecny at any one time.

For same-day conversions, we will fallback to your available balance in the sell currency if you have insufficient open position limit for the conversion.

Settlement Timing

When booking a conversion or payout with roecny, you will have the option to select the desired date for each transaction to settle. This “conversion date”, along with your funding mode, will determine when funds will be settled to and from your wallet.

If you do not select a date, you will be assigned a default date:

• For pre-funding mode: the default date will always be same-day, for immediate settlement.
• For post-funding mode:
  • If funds are sufficient, the conversion date will default to same-day.
  • If funds are insufficient, the default date will be the next valid business day, accounting for any holidays in the funding currency.

Value Date Table

Value Date	Sell Currency (Pre-funding)	Buy Currency (Pre-funding)	Sell Currency (Post-funding)	Buy Currency (Post-funding)
Same-day	Immediately deducted	Immediately funded	Immediately deducted	Immediately funded
Future-dated	Immediately deducted	Funded at 9am on conversion date	Deducted at 9am on conversion date	Funded upon deduction

For clients in post-funding mode, if the wallet balance is insufficient on the conversion date, the roecny team will notify clients regarding the overdue balance. This may incur a fee to cover the cost of processing the overdue transaction.

We will settle conversions on a first-in, first-out basis based on:

1. The earliest conversion_date with sufficient balance
2. Then the earliest created_at

We will retry settlement every 30 minutes as a batch.

Time Zones by roecny Location

The roecny location that you are onboarded with will determine your account time zone. We use the IANA Time Zone Database (TZDB). Each roecny location is assigned the following time zones:

AWX Entity	Time Zone	UTC (STD/DST)
AWX NZ	Pacific/Auckland	UTC +12/+13
AWX AU	Australia/Melbourne	UTC +10/+11
AWX HK	Asia/Hong Kong	UTC +8
AWX SG	Asia/Singapore	UTC +8
AWX MY	Asia/Kuala Lumpur	UTC +8
AWX NL	Europe/Amsterdam	UTC +1/+2
AWX LT	Europe/Vilnius	UTC +2/+3
AWX UK	Europe/London	UTC +0/+1
AWX JP	Asia/Tokyo	UTC +9
AWX CA	America/Toronto	UTC -5/-4
AWX US	America/Los Angeles	UTC -8/-7