Venstar Exchange is a US-based Commercial Foreign Exchange Company, with offices in London, Los Angeles, Chicago and Boston, providing foreign currency exchange services for international payments and worldwide currency transfers at wholesale rates.

Venstar Exchange services private clients, small firms, and large corporations, and is committed to providing its clients with the lowest foreign currency exchange rates and efficient risk management strategies.

Venstar Exchange was founded in 1990 and conducts global currency exchanges of hundreds of millions of dollars every year. Venstar Exchange is AA rated with the Better Business Bureau (not a single complaint) and a proud member of the Los Angeles Area Chamber of Commerce. Venstar Exchange has no access to client funds (client funds are transferred directly to Barclays Bank, the largest international bank in the world, converted and transmitted to the client's designated beneficiary account).

The United States Patriot Act requires registration with Venstar Exchange prior to making transactions. After approval of the registration, a client may contact their designated Account Specialist (or any other available Account Specialist) by phone or email for a real-time quote and to lock in an exchange rate for a foreign currency transaction. Once the rate is booked, Venstar Customer Service will provide a Transaction Confirmation Email that includes instructions on how to initiate an international wire transfer from the client's bank to Barclays Bank. Venstar Exchange Customer Service will also provide a link to the beneficiary payment form needed to complete the transfer to the client's beneficiary. As soon as client's funds are received, they are converted at the rate locked and transferred to the client's designated beneficiary account.

Venstar Exchange offers Service, Savings, and Security.

Higher quality service is the 'hallmark' of Venstar Exchange. Venstar Exchange's team of currency experts tailors money exchange solutions for private clients, small firms, and large corporations. Venstar Exchange clients are assigned a Venstar Account Specialist who delivers professional and personalized service, assisting with foreign exchange and risk management strategy that is best suited for each client.

Wholesale exchange rates. Due to Venstar's enormous exchange volume and experience in international exchange market, Venstar Exchange is able to purchase foreign currency at wholesale rates and then pass those competitive rates on to its clients. Venstar Exchange rates are typically better than those offered by banks and other retail exchangers.

Secure settlement and delivery. With Venstar Exchange, client funds are wired directly to Barclays Bank, the largest financial institution in the world. Funds are immediately converted at the locked rates and transferred to the beneficiary account(s) designated by the client.

There is no obligation, no commitment, and no fees when registering with Venstar Exchange.

Call Venstar Exchange or submit a Contact Request Form to request Registration Forms. The forms can be downloaded in PDF format from a link emailed by a Venstar Exchange Account Specialist. The Registration Form is a two-page form which will take about 10 minutes to fill out. The completed and signed form needs to be faxed or scanned and emailed, along with the required forms of ID, to Venstar's Customer Service Department. As soon as the registration is approved (the client receives an email notification from Venstar Exchange Customer Service), the client may book a foreign currency transaction by contacting the designated Venstar Account Specialist (or any other available Venstar Account Specialist) by phone or email.

Venstar Exchange has a $10,000 USD equivalent minimum for a one-time exchange. Clients with recurring payments may do exchanges less than $10,000 USD. There are no maximum amounts for exchanges.

It usually takes 2 to 8 hours from the moment Venstar Exchange Customer Service Department receives a completed Registration Forms to get client's account established with Venstar Exchange. There is no exclusive commitment to do an exchange when registering with Venstar Exchange.

The foreign currency exchange rate between two currencies specifies how much one currency is worth in terms of the other. A market based exchange rate will change whenever the values of either of the two component currencies change. A currency will tend to become more valuable whenever demand for it is greater than the available supply. It will become less valuable whenever demand is less than available supply.

The exchange rate is greatly influenced by interest rates of respective countries. Inflation, balance of trade accounts and political factors also impact foreign exchange rate. It is important to look at the big picture when considering a foreign currency exchange strategy for international payments.

The rates seen online are the Interbank trading rates and are not for physical delivery. The trading market prices are only for speculative trading, when not taking physical delivery of an alternate currency. These online rates are significantly lower than the exchange rates charged by banks or other retail financial institutions. Venstar Exchange performs only physical delivery of foreign currency transactions and its wholesale exchange rates are often 6-8% better than the bank and retail pricing.