How Exchange Works

A documented sequence before funds are moved.

Ricoursy keeps the exchange flow simple: request, review, checks, quote, confirmation and settlement instruction.

Step 1

Request details

Provide the currencies, amount, sender/receiver country and purpose. Vague requests may be delayed.

Step 2

Compliance review

We may ask for identity, company, beneficiary or source-of-funds documentation before taking the request further.

Step 3

Quote confirmation

A quote is only meaningful when it is current, confirmed and linked to the details of the request.

Step 4

Payment instruction

Follow only written instructions received through the official contact channels of Ricoursy.

Step 5

Settlement tracking

Settlement timing can vary by currency, bank, cut-off time, checks and public holidays.

Step 6

Record keeping

Keep confirmations and correspondence for your records. We may also retain records as described in the Privacy Policy.

Before you proceed

Rates can move and instructions must be verified.

Currency exchange carries rate movement, payment delay and operational risks. Clients should read the Risk Disclosure and Terms of Use before submitting a request.

Global currency exchange pairs