Currency Exchange - Business Forex Case study
Protecting your investments
Peter imports textiles for his company Southern Impressions. In a typical week he would transfer $800,000 through his bank.
When buying and selling foreign currency we offer much more competitive exchange rates than your local bank.
When he approached us, we calculated that he was losing $4,000 every week. That meant in his textile-importing career he he’d wasted over a $1m.
A little wary of the savings we were quoting, Peter used our Escrow service, where money goes through a lawyer-controlled account.
Now that Peter has done a number of deals with us, we skip that formality and save a small amount of paperwork.
But that wasn't the only reason Peter now does regular transactions through us.
Where his high street bank merely informed him of the rate once the transaction had gone through, we agree the rate with him in advance.
Where his bank was remote, difficult to contact and impersonal, Interchange provides Peter with his own account manager.
We maintain a watching brief and keep him up to date with market movements in our daily newsletter.
Most of all, we partner him in making impartial decisions that help his business to succeed.
For more information on the various options that are open to you, or a quotation, call one of our account team on 0207 594 0599
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business clients tailored around your specific needs.
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