Image showing a close up of a painting

FX in action: Supporting a successful business exit

Selling a business is often one of the most significant financial milestones in an entrepreneur’s life. But when the proceeds are received in a foreign currency, exchange rate movements can have a significant impact on the amount ultimately available to support future plans.

Imagine you’ve successfully sold a business and received the proceeds in US dollars, while your future spending, investment and estate-planning needs are predominantly UK-based.

You may be considering a range of next steps, such as:

  • Investing for long-term growth
  • Purchasing a new home in the UK
  • Supporting family members financially
  • Undertaking estate-planning arrangements

With currency markets moving daily, even relatively small fluctuations in the GBP/USD exchange rate could affect the sterling value of your proceeds. At the same time, you’ll likely want to focus on your future plans rather than managing the complexities of a large international currency transaction.

How we could help

Our FX specialists can work alongside our banking and wealth management teams to understand your objectives and develop an approach tailored to your needs.

By discussing current market conditions, timing considerations and your wider financial goals, we can help you make informed decisions about converting funds into sterling and integrating them into your broader wealth plan.

Depending on your circumstances, you could benefit from:

  • A seamless, end-to-end service
  • Specialist guidance throughout the transaction
  • Competitive foreign exchange rates
  • Greater certainty around the sterling value of your proceeds
  • A smooth transition from a liquidity event to long-term wealth planning

Looking beyond the transaction

A business sale is about more than simply converting one currency into another. When foreign exchange requirements are considered alongside your wider banking, investment and succession planning needs, it’s possible to take a more joined-up approach to managing your wealth.

To find out more about our FX service, please visit our website. Your wealth adviser or our client services team will also be pleased to discuss how we could support your international banking and foreign exchange requirements.