Negotiated currency exchange for business clients
Vincu Exchange
Currency exchange requests, quotes and confirmations — on the record instead of on the phone.
Exchange replaces the phone call between a business client and the treasury desk. The client asks for a rate from their portal, a dealer quotes it, the client accepts within the quote's validity, the signed confirmation comes back through the same thread — and the bank executes in its core system as it always did. The portal never moves money; it keeps the trail.
- Timed
- quotes — every rate expires on the clock, not on memory
- Signed
- confirmation checked by the bank before anything settles
- Zero
- money moved by the portal — execution stays in your core system
- Chained
- audit trail — each step hashed against the last
The problem it removes
FX for business clients runs on phone calls and memory.
A client calls for a rate. The dealer quotes it from a scratchpad. Someone emails a confirmation, someone signs it, someone files it. Nobody can later show exactly what was quoted, when, and what the client agreed to.
The rate, the acceptance and the signature — one thread, no phone.
Vincu Exchange
How it works
A request, a quote, an acceptance, a signature — in that order, on one record
The client picks the accounts, enters the amount and sends the request from their portal; direction and currencies follow from the accounts, so there is nothing to get wrong.
Dealers work a live desk of open requests with the client's context beside each one, and quote a rate; the quote is valid for a fixed window and expires by itself.
The client accepts or declines in the portal. A lapsed quote simply cannot be accepted.
The client uploads the signed confirmation; the bank checks signature and stamp in the portal before the request can move on.
The dealer marks it settled after executing in the core system. Working hours and the daily cutoff are configuration, not code.
Reports for the desk — volumes, rate history, per-client breakdown — and a hash-chained audit trail per request.
What the bank sees
- A desk view of every open request and its deadline
- Nothing settles without an accepted quote and a checked confirmation
- A per-request audit trail that can be handed to an auditor as is
What the customer sees
- A rate request from their phone, not a call during desk hours
- The quote, its expiry and a one-tap accept
- Every exchange they ever made, in one place