Trading & OTC Desk

Request for quotes, trade sizes, and settlement information

iTransfr provides over-the-counter (OTC) trading services for businesses that need to convert between currencies at scale. Our OTC desk is designed for importers, exporters, fintechs, and enterprises that require fast execution, competitive rates, and secure settlement.

Unlike retail exchanges, the iTransfr OTC desk is built for high-volume transactions, tailored quotes, and personalized support.

How to Request a Trade

Clients can submit a Request for Quote (RFQ) directly through the iTransfr platform, API, or OTC Chat
Quotes are typically valid for a short time window due to market volatility
Once a quote is accepted, settlement instructions are issued and the trade is executed

Supported Currencies

USD, EUR, GBP, BRL, COP, MXN, NGN, AED, and additional currencies as new corridors are added

Minimum and Maximum Trade Sizes

Minimum trade size: USD 10,000 (or equivalent)
No maximum limit: Trades above USD 10 million may require additional settlement coordination and liquidity confirmation

Settlement Times

U.S. (ACH / Fedwire): under 30 minutes for Fedwire before 4PM EST, Overnight ACH
Brazil (BRL via PIX): under 15 minutes
Europe (EUR via SEPA Instant): under 10 minutes
Colombia (COP via PSE): same business day (4 hours)
Nigeria and 15+ African countries (NGN and others): same-day settlement
SWIFT (170+ countries, USD): same day or T+1 depending on jurisdiction

Pricing and Fees

Pricing is quoted per transaction and reflects real-time market liquidity
Conversion spreads vary by corridor and trade size, but clients typically save 1-3% compared to traditional banks and correspondent networks
All fees are disclosed upfront in the RFQ process

Security and Compliance

All OTC transactions are monitored through iTransfr's AMLbot system, including sanctions screening, AML/KYC verification, and transaction monitoring
Clients are required to complete onboarding (KYB) before trading
Every trade is recorded for audit and compliance purposes

How to Get Started

Complete corporate onboarding with the iTransfr compliance team
Gain access to the trading desk through the iTransfr platform
Request your first quote via platform RFQ or your account manager
Accept the quote and settle funds

Ready to Start Trading?

For additional details or to request access, complete our onboarding process to gain access to institutional-grade OTC trading services.

Open Account