News
Monday, February 20, 2012
Currency News 20 February 2012
Today's Updates Investors seek hedge against euro split
Investment banks are considering creating currency products that would protect companies and investors in the event of a partial break-up of the single currency
Asian shares jump after China eases banking rules ..
Sunday, February 19, 2012
Currency News 19 February 2012
Today's Updates Greece hopes and US data boost shares
FTSE All-World index hits six-month highs as risk appetite recovers across most asset classes, including copper and growth-focused currencies
Pound gains after rise in UK retail sales
Sterling strengthens after ..
Saturday, February 18, 2012
Currency News 18 February 2012
Today's Updates Pound gains after rise in UK retail sales
Sterling strengthens after data show shoppers were more active than expected in January, while dollar is above Y79 for first time since October
Greece hopes and US data boost shares
FTSE All-World index hit ..
Friday, February 17, 2012
Currency News 17 February 2012
Today's Updates Euro recovers from three-week low
Fears of disorderly default stalk global financial markets with the single currency reaching a low of $1.2929 and the yen continuing its downward trend
Asian shares boosted by US economic data
Japanese exporters he ..
Thursday, February 16, 2012
Currency News 16 February 2012
Today's Updates Look to China for euro value
As long as the euro survives, following concerns over a default by Greece if a bail-out is denied, Beijing seems destined to help set its worth
Euro gives up gains on Greece jitters
The dollar hits a post-intervention h ..
Wednesday, February 15, 2012
Currency News 15 February 2012
Today's Updates EM central banks seek to stall rising currencies
Colombia’s central bank has resumed daily dollar purchases after an 8 per cent rise in the peso since the start of the year while Brazil’s central bank has started buying dollars
Sterling f ..
Tuesday, February 14, 2012
Currency News 14 February 2012
Today's Updates Euro retreats as Greek concerns remain
The yen declines after data reveal the Japanese economy shrank again in the fourth quarter, and was weaker than analysts had expected
Schaeffler boost for bondholder rights
German group attaches voting rights ..
Monday, February 13, 2012
Currency News 13 February 2012
Today's Updates IMF deal critical for Egypt, say economists
Egypt’s reserves fell to $16.4bn at the end of January, a drop of 53 per cent over the same time last year, leaving the country with only months of import cover
Euro slides on latest Athens impasse
..
Sunday, February 12, 2012
Currency News 12 February 2012
Today's Updates Euro slides on latest Athens impasse
Single currency ‘in limbo’ ahead of austerity ratification while sterling holds up despite the Bank of England pumping £50bn more into economy
Japan willing to go alone on yen
‘Unusual&rs ..
Saturday, February 11, 2012
Currency News 11 February 2012
Today's Updates Euro slides on latest Athens impasse
Single currency ‘in limbo’ ahead of austerity ratification while sterling holds up despite the Bank of England pumping £50bn more into economy
Japan willing to go alone on yen
‘Unusual&rs ..
Forex Corporate- More than just Foreign Exchange!
Global Holdings International operate in conjunction with our leading forex partner, offering a range of services and solutions to corporate clients.
We understand that businesses require a foreign currency provider that not ony delivers competitive exchange rates, but also provides a currency strategy relevant to each business.
Every business is unique. Every client relationship is unique. Our forex provider will build this relationship by working closely with your business to regularly reassess your requirements, not only in the short-term but also in the long-term. We can arrange for a senior currency specialist to meet you to discuss your individual needs and formulate a strategy to help your business improve its cash flow and increase profitability while ensuring you take maximum advantage of rate fluctuations.
Working with our currency dealers we can combine our expertise and knowledge of the markets with your business requirements to provide a consultative approach to your foreign exchange needs. Working with our forex provider we can ensure your foreign exchange requirements are handled proactively, and efficiently, allowing you to spend time on your business.
We understand that businesses require a foreign currency provider that not ony delivers competitive exchange rates, but also provides a currency strategy relevant to each business.
Every business is unique. Every client relationship is unique. Our forex provider will build this relationship by working closely with your business to regularly reassess your requirements, not only in the short-term but also in the long-term. We can arrange for a senior currency specialist to meet you to discuss your individual needs and formulate a strategy to help your business improve its cash flow and increase profitability while ensuring you take maximum advantage of rate fluctuations.
Working with our currency dealers we can combine our expertise and knowledge of the markets with your business requirements to provide a consultative approach to your foreign exchange needs. Working with our forex provider we can ensure your foreign exchange requirements are handled proactively, and efficiently, allowing you to spend time on your business.
Currency Exchange is our business.
With the application of a payment tracking service through Barclays Bank ensures your funds are secure throughout the transfer process. Barclays Bank provide the banking and treasury services, giving clients the knowledge that funds are held safely on their behalf.
We understand the importance of client fund security and our forex partner is FSA and HMRC regulated and authorised. All funds are held in segregated client accounts and payments made using a secure 'Chip & Pin' smart card and duel signatory process. For enhanced security, we can load the bank payment system directly onto your companies own computer system with our Forex provider only having the facility to simply process and upload payments. Authorisation would then be actioned by your nominated employee or Director.
We understand the importance of client fund security and our forex partner is FSA and HMRC regulated and authorised. All funds are held in segregated client accounts and payments made using a secure 'Chip & Pin' smart card and duel signatory process. For enhanced security, we can load the bank payment system directly onto your companies own computer system with our Forex provider only having the facility to simply process and upload payments. Authorisation would then be actioned by your nominated employee or Director.
The extensive range of services offered includes:
- Access to market leading rates of exchange
- Zero fee Fx hedging facilities
- Full cash and treasury management services
- Complete global payment solutions
- Zero transfer fees
- Bespoke fx advice tailored to each client, business or fund
- Full online fx trading, account handling and reports
- Free historic Fx audit
- Pre-Paid Fx Card
- Regular Monthly Payments at commercial rates
- Personal Account Manager
Case Study
An Oil Engineering Construction Company, based in Lowestoft and Newcastle, recently opened a forex account through our forex partner. They trade around £300 million worth of FX per annum and currently bank with HSBC, with all forex trades being placed through them.
The Oil Company needed to buy EUR 1.1 million, selling GBP. HSBC quoted 1.1603 whereas we gave the client 1.18001. This saved the client £15,827 on one transaction, no fees.
We introduced various forex strategies to help hedge their future foreign currency payments and exposure.
We also introduced various cash management systems and processes to enhance the performance of the company’s cash balances.
The Oil Engineering Company also benefits from the back office and payment networks. We manage and process all inward and outward payments completely fee free. Therefore reducing the Oil company’s time and expense used on foreign exchange and international payments.
Global Versus the Bank
The chart above
demonstrates the potential saving you could have made by using our
services when selling GBP £100,000 and buying Euro's.
As a Global client you would have received €7,240 more Euro's, a saving of £6,505.53.
Getting Started
If you would like further information please contact us and we will arrange for one of the Corporate Client Representatives to contact you for a no obligation discussion.
Tel:- +44 (0) 1624 678848Email:- enquiries@globalholdings-int.com