Currency Exchange for Buying & Selling Shares
Don't Let FX Fees Eat Into Your Investment Returns.
Buying or selling international shares often means exchanging money between currencies, and the rate you receive can make a significant difference.
Whether you're selling US stocks, receiving proceeds from employee share schemes or funding an overseas investment account, SummitFX helps you secure competitive exchange rates, make smarter currency decisions and move your money efficiently.
Feefo 5-star serviceSummitFX provides a currency exchange and payment service. We do not trade shares or give investment advice.
Keep More of Your Investment Returns
You've made the investment decision. Now make sure your currency exchange works just as hard.
Competitive Exchange Rates
Avoid unnecessarily expensive FX conversions through banks and investment platforms. Keep more of your money with competitive exchange rates.
Smarter Exchange Timing
The best time to sell shares isn't necessarily the best time to exchange your money. Our market monitoring and expert insights help you make more informed currency decisions.
Fast International Payments
Our modern payment infrastructure helps reduce unnecessary delays, with eligible onward payments released in under two minutes once funds arrive and settlement requirements are met.
Personal FX Support
From international brokerage transfers to complex payment instructions, our specialists help you navigate the process.
Selling Shares? The Exchange Rate Matters More Than You Think.
When you sell overseas shares, your investment platform or bank may charge a foreign exchange markup to convert the proceeds into your local currency.
Even a small difference in the rate can mean thousands on larger transactions.
Example: Converting $250,000 into GBP
| Item | Standard Bank Example | SummitFX Example |
|---|---|---|
| USD proceeds | $250,000 | $250,000 |
| Illustrative FX markup | 3% | 0.30% |
| GBP received | £181,875.00 | £186,937.50 |
Illustrative saving: £5,062.50
Based on a mid-market GBP conversion rate of 0.7500, before any separate transfer fees. Actual rates and savings will vary.
The Best Time to Sell Your Shares Isn't Always the Best Time to Exchange.
Selling overseas shares can involve two separate decisions: when to sell your investment and when to convert the resulting foreign currency.
Depending on your brokerage arrangements, you may be able to hold proceeds in USD or another currency rather than immediately converting them.
SummitFX provides market monitoring, analysis and proactive support to help you understand currency movements and identify potential opportunities.
You focus on your investments. We'll help you manage the currency exchange.
Your Investment Proceeds. Without Unnecessary Delays.
Once you've sold your shares and your funds are available, moving your money shouldn't be unnecessarily complicated.
SummitFX uses automated payment technology to identify incoming funds, allocate payments and initiate onward transfers efficiently.
For eligible payment routes, onward payments can be released in under two minutes once funds have arrived and settlement requirements are satisfied.
Final arrival times depend on the payment route, banks and applicable checks.
- Automated ProcessingMinimise unnecessary manual processing and delays.
- Rapid Payment ReleaseEligible onward payments released in under two minutes.
- Payment UpdatesStay informed about your transfers.
Moving Money Between Investment Platforms and Bank Accounts
International brokerage transfers can involve complicated banking instructions, intermediary banks and specific payment references.
SummitFX helps clients navigate eligible international investment payments, including:
- Converting proceeds from overseas share sales.
- Transferring funds from brokerage accounts to personal bank accounts.
- Funding supported international investment accounts.
- Handling international payment references and further-credit instructions.
Whether you're receiving USD proceeds or transferring money overseas to invest, our team can help determine the most suitable supported payment process.
Transfers are subject to the investment platform's rules and accepted payment arrangements.
Receiving Shares From Your Employer? Keep More of Your Proceeds.
Employee share schemes are increasingly common, particularly among international and US-listed companies.
But when those shares are sold, converting foreign-currency proceeds can introduce significant FX costs.
SummitFX helps eligible employees convert proceeds from:
Restricted Stock Units (RSUs)
Exchange USD or other foreign-currency proceeds from vested and sold shares.
Employee Stock Purchase Plans (ESPPs)
Convert proceeds from employee share purchases and sales.
Stock Options & Share Awards
Arrange competitive currency exchanges following eligible share sales or distributions.
Your Currency Exchange Desk, Right in Your Pocket
No complicated platforms or unnecessary phone calls.
Request live exchange rates, confirm currency exchanges and receive payment updates directly through WhatsApp.
Whether you're exchanging $10,000 or $1 million, our team and technology make the process straightforward.
As Simple as Sending a Message.
Your Exchanges. Your Points. Your Share of Our Success.
At SummitFX, our clients benefit from more than competitive exchange rates.
Through Summit Points, eligible clients can participate in the future success of our business.
We've allocated 20% of SummitFX's future exit value to participating clients, distributed according to their Points and the programme terms if a qualifying exit occurs.
Every eligible exchange can bring you closer to a potential share of that value.
Subject to Points and programme terms, and only if a qualifying exit occurs.
Currency Exchange for Buying & Selling Shares – FAQs
What's the cheapest way to convert USD proceeds from selling US shares?
Compare the full exchange rate, conversion markup and any withdrawal or transfer fees. Specialist FX providers can offer competitive alternatives when your investment platform supports foreign-currency withdrawals.
Can I transfer money directly from my investment platform to SummitFX?
This depends on the platform's withdrawal policies and accepted payment destinations. Our team can help determine whether the transfer is supported.
Can I avoid my broker's currency conversion fees?
Some brokers allow withdrawals in the original currency, giving you the option to use an external FX specialist. Other platforms automatically convert funds.
Can I sell my US shares and exchange the dollars later?
Potentially, yes. Some platforms allow proceeds to remain in USD after a sale, giving you flexibility over when to exchange, although currency movements can work for or against you.
Can SummitFX help with RSUs and employee share schemes?
Yes, subject to payment eligibility and the share-plan provider's arrangements. We can help exchange foreign-currency proceeds once available for transfer.
How long does it take to receive money after selling shares?
This depends on the share settlement period, brokerage withdrawal processing, currency conversion and payment route. Eligible SummitFX onward payments can be released rapidly once funded and settled.
Can SummitFX send money to my investment platform?
Where supported by the investment platform's funding rules, SummitFX can help arrange international payments to investment accounts.
Buying or Selling International Shares? Don't Overpay on FX.
Whether you're converting US share-sale proceeds, receiving employee stock awards or funding overseas investments, SummitFX helps you exchange smarter and move your money efficiently.
Better Rates. Smarter Timing. Faster Payments.
SummitFX provides a currency exchange and payment service, not investment advice.