Capability

Multi-Currency Transactions

Coordinated execution where multiple legs and currencies have to settle together.

What this covers

The work, in substance

Some transactions are not a single ticket. A property purchase across two jurisdictions, an acquisition with mixed-currency consideration, an inter-group rebalance — each requires multiple legs that have to settle in sync.

We sequence and execute the whole thing as one operation.

Deliverables

What you receive

01Sequenced execution plan across all legs
02Coordinated settlement timing per currency
03Single consolidated confirmation pack
04Reconciliation against the original brief
Approach

How we deliver

  1. Step 01
    Plan

    Map every leg, currency, counterparty, and settlement window in advance.

  2. Step 02
    Execute

    Trade the legs in the agreed sequence with explicit risk controls between.

  3. Step 03
    Reconcile

    Produce a single confirmation pack that ties to the original transaction brief.

Considerations

Risks we address

The non-obvious factors we explicitly plan for so they don't surface as surprises later.

Leg risk

Time between legs is exposure; explicitly minimised or hedged.

Settlement mismatch

Different currencies settle on different cycles; planned per leg.

Counterparty alignment

All counterparties briefed on the full timeline, not just their leg.

Documentation

Single pack ties every leg to the originating instruction.

In Practice

An anonymised example

Scenario

A buyer needed to settle a EUR property purchase using USD proceeds and a CHF deposit, with all three legs aligned to a single completion date. We sequenced the trades, hedged the leg risk, and delivered a single confirmation pack.

Results
  • All three legs settled inside the completion window
  • Inter-leg exposure hedged to under 10bp of total
  • Single reconciled pack delivered to legal counsel

Details altered to protect client identity

FAQ

Common questions

When two or more currencies must move in synchronisation — typically property completions, M&A consideration mixes, and inter-group rebalances. Sequencing them as one operation prevents leg-risk surprises.
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Other capabilities

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