HOW CERTARATE WOULD WORK
A future tuition bill. A new chapter abroad. Certarate is designed to help you choose your exchange-rate protection, build your savings, and plan the payment around a date that matters.
Plan 1–24 months ahead
Save monthly, top up anytime
Earn variable interest
Know your rate. Plan your savings.
You would agree an exchange rate for a known payment up to 24 months in the future. That rate would stay fixed, whether the market rises or falls.
Limit the downside. Keep the upside.
You would agree a minimum exchange rate for a payment up to 24 months ahead. Your rate could fall as far as that floor, but no further. If the market improves, you would benefit from the higher rate.
SEE THE DIFFERENCE
Move the market. See what changes.
Your overseas bill stays the same.
Illustrative example · not a live quote
A US$15,000 bill, starting at £1 = US$1.25. Rate Protect has an example floor of £1 = US$1.1875, 5% below the starting rate. Figures exclude fees and interest.
Build your savings before the payment date.
A higher rate means each pound buys more dollars.
Future market rate: £1 = US$1.2500
Your rate and savings target stay fixed.
11 monthly contributions of £1,000.00, then a final contribution of £1,000.00.
You receive the market rate, with the floor beneath it.
11 monthly contributions of £1,052.64, then a final contribution of £1,052.54.
With 12 months to save and a 0% market movement, Rate Lock needs £12,000.00 for the bill; Rate Protect needs £12,000.00. Monthly savings targets are £1,000.00 and £1,052.64 respectively.
Rate Protect plans for the most you would need at the floor. A better final rate could reduce the amount needed for your bill. The suggested saving schedule stays based on the floor as you move the market slider.
A 5% drop in the exchange rate does not mean a 5% rise in the GBP cost. In this example the cost rises from £12,000 to £12,631.58, about 5.26%. The floor shown here is an example, not an offered protection level.
FROM YOUR FIRST DEPOSIT TO THE FINAL PAYMENT
One shared journey.
Whichever protection you choose.
Start with the amount of your future bill, the currency it must be paid in, and its due date. Your plan would be built around that specific overseas payment, from 1 to 24 months ahead.
Rate Lock would fix your conversion rate. Rate Protect would set a minimum rate while keeping the benefit of a better market rate. You would review the applicable rate, protection level, fees, and terms before confirming.
A suggested monthly contribution would help you reach your target over time. Optional top-ups would reduce the amount still needed. With Rate Protect, your target would cover the bill even at the agreed floor.
Deposited savings would earn interest at the applicable variable rate. Interest already credited would contribute toward your savings target. Future interest is not guaranteed and is excluded from the example’s contribution schedule.
Before payment, you would confirm the legitimate bill and the recipient’s payment details, such as a university’s tuition invoice and bank information. The recipient and expense would need to be verified before funds could be sent.
Once the plan is fully funded and verification is complete, the money would be converted at your product’s applicable rate and sent directly to your verified expense recipient on the specified date. Recipient and bank processing times can affect when it arrives.
THE DETAILS THAT MATTER
Rate Lock would give you a fixed exchange rate and a known savings target. You would receive that rate even if the market later improves. Rate Protect would allow movement down to an agreed minimum rate, protect you below that floor, and retain any improvement above it. Its savings target would be based on the floor.
Both products are designed for a known overseas expense from 1 to 24 months ahead. You would choose the payment date when setting up your plan.
The proposed savings model would let you build the required amount over time through monthly contributions and optional top-ups. Your plan would need to be fully funded before its scheduled payment. Any initial funding requirements would be explained in the product terms before confirmation.
Interest would be earned on deposited savings at the applicable variable rate. Interest already credited and extra deposits would contribute to the target, reducing what remains to be saved. We do not assume future interest in the example or promise a particular return.
Full funding and completed verification would be required before conversion and payment. The plan does not assume borrowing or automatic coverage of a shortfall. You would need to review the applicable funding deadlines and product terms before committing.
It would be sent in the required currency directly to the verified recipient of your expense, such as your university. The bill and recipient details would need to be checked before the payment could proceed.
The specified date would be the date of conversion and sending, subject to funding and verification. Sending does not guarantee same-day receipt. You would need to allow for the recipient’s and payment providers’ processing times when planning around a bill’s deadline.
No. The comparison excludes fees and interest so you can see how the two exchange-rate approaches differ. Product-specific fees, protection terms, and the applicable savings interest rate would be shown before confirmation.
You can explore your savings using the calculator and register interest through the early-access waitlist. This page explains the intended product journey; joining the waitlist does not create a funded savings plan or scheduled payment.
MAKE ROOM FOR WHAT’S NEXT
Explore an estimate today and join the waitlist for future access.