Regardless of the size or regularity of your currency transactions, your bank fees can be reduced saving you considerable amounts by using an FX partner via Global FDI and Global Reach.
Foreign Exchange Services include
Whether you need to make payments to an overseas supplier or use foreign exchanges as part of a longer risk management strategy, by using Spot Contracts your company can take advantage of an exchange rate or currency movement instantly.
✔ Competitive rates
✔ Immediate rate fix and transfer, enabling you to settle transactions quickly
✔ Your company will also have access to all major and emerging currency pairs
The process is simple and straightforward which can make a real difference to a company’s bottom line.
Many factors including political and economic changes can impact the value of a country’s currency.
Market orders can enable you to react to these sudden fluctuations in currency values by agreeing a rate and time period in advance to buy or sell when a currency pair hits a certain rate.
To remove the risk of currency fluctuations, businesses can use forward contracts to secure these rates for future payments.
A rate is agreed in advance and a contract created to utilise the currency purchased at that agreed forward rate for a certain time period, from one week up to two years in advance.
This service can give a business certainty regardless of the market volatility and alleviate some financial risks for those that trade internationally.