Frequently Asked Questions

How do I Partner with Olympia Trust Foreign Exchange?

Opening an account and working with us is easy. The New Customer Forms are short and simple, contact one of our Foreign Exchange Specialists to get you started.

Are there Any Fees Associated to Olympia Trust Foreign Exchange.

There are no fees for using Olympia Trust Foreign Exchange Services. Some transactions such as wires may have additional fees associated, however these will be clearly explained to you and will be at a fraction of the cost charged by other providers, allow us to show you hidden fees charged by your current provider.

Can Olympia Trust handle all of my foreign payables and receivables?

Yes. Simply let us know where your payments are coming from or need to be sent and we will handle the rest.

Are There Any Minimum Transaction Fees?

Yes. Olympia Trust minimums are currently $10,000 USD for corporations and $25,000 USD for individuals. Required minimums may be slightly higher for other currencies.

What currencies does Olympia Trust buy/sell?

Olympia Trust trades over 40 major currencies with banking partnerships in North America and the UK.

Can Olympia Trust process my wire payments?

Yes, Olympia Trust is a member of the SWIFT network allowing us to send and receive wires all across the world. Since we electronically store currency-exchanges of your wire payments it is always quick and easy to process these at any time.

Why do I have to provide ID when opening an account?

Olympia Trust fully complies with the policies and procedures governing against money laundering and terrorist financing in Canada, US and the UK. We require our KYC Forms to be completed and accompanied by government issued photo ID.