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Corporate financial controllers, relieve yourself of some of the financial burden today.

If you are the financial controller in your business, you may be interested to know that many corporate clients are using a relatively small foreign exchange company and are retaining more of their profits today, than their competitors.

How?

They are using the services of a specialist currency conversion business to buy, or sell, their currency in a pre-planned manner. By doing this, the currency service provider is managing to shave off large amounts of profit that their usual fx supplier makes.

Because the currency exchange company only converts currency for physical delivery, they trade considerable volume every day. Because they trade large currency volume, they can buy at a discounted rate from their treasury provider, in this case, HSBC.

Bottom line? …. Buy your currency through a FX dealer who buys in bulk and use their discount to get a much better rate than at your own bank.

Most businesses don’t have the time to consider how much of a difference it would make to their bottom-line if they used a foreign exchange dealer, other than their bank. One phone call, or email, could save thousands on each transaction.

• Easy Online registration
• Dedicated corporate dealers
• Client segregated accounts
• Competitive transfer fees, in some cases, no charge.
• Inbound & outbound payments
• No contractual obligations

More information on FAQ’s for corporate foreign exchange transfers here.

Save your company money and make life easier.

Transferring your mortgage payment, or pension, abroad need not cost you a fortune every month.

If you use your bank to make a mortgage payment, or pension transfer, overseas, it´s likely that you will be much more than you need to in charges, commissions and the currency exchange rate.

As more and more people have chosen to retire overseas, the banking system is set to gain from this migration. However, whether you have a state pension or a private pension scheme, the taxation treatment of your money may be different depending on the arrangement that the UK tax office has with your new homeland. Relying on conversations with friends, who have already moved abroad, is useful. But, take great care to get the right information from the tax office.

If you are a UK resident and choose to retire in the United States, you will currently benefit from annual increases in your state pension. If you choose to retire to places like South Africa, New Zealand or Canada, your pension is likely to remain at the level that it was when you moved abroad.

Variations in tax law may mean that you may also have to pay more tax, or possibly pay tax in both Countries as the money originates in the UK and you are spending it abroad.

Before moving abroad, I suggest you have a word with a Tax specialist in Pensions. They could save you a great deal of money.

Currency Exchange.

Now that you have established what you are likely to receive from your pension while living overseas, it is worth discussing your plans with a currency broker. Currency Exchange dealers can save you a great deal of money when you are making regular monthly payments.

Ratheer than rely on the good nature of your originating bank to keep the costs down and to give you a great rate of exchange, why not go to a currency conversion specialist like fx-foreignexchange, who have a simple system for making these monthly transfers?

Because it´s simple, it´s cheap! You instruct your bank to transfer the monthly pension payment to fx-foreignexchange. At the end of the month, the presiding rate of exchange is applied to the pension amount and the money is converted into your destination currency. The money is then transferred to the bank account in your new home country without commission or transfer charges. Often, if fx-foreignexchange have a bank account in your destination country, there won´t be any receiving charges either.
It´s efficient and cost-effective.

The value of your source currency, against the exchanged currency, can be fixed for a given period ahead. If you don’t wish to transfer your money now, you can book the rate of exchange now, for a date ahead.

To discuss how best to make a currency exchange into euros at the best rate, talk to a foreign currency exchange specialist. visit fx-foreignexchange, or call 01480 458400.

Want your own currency converter so that your visitors can make their own currency conversion?The GLOBAL CURRENCY EXCHANGE NETWORK currency converter provides real time currency-to-currency conversion in the form of a popup tool that can be easily added and integrated into any existing website.

This will allow visitors to your site to make a currency conversion. It is possible to have it automatically convert prices shown on your site, but you’ll need to contact the webmaster here for the code.

This version will add a standard pop-up currency converter to your web site.

On computers where a popup blocker is enabled the Ctrl button may need to be pressed or the popup accepted (yellow line notice) before the screen will appear.

To download the code please compete this form. All details are compulsory

This is what the icon looks like when it appears on your site:

Any problems… email me.