News
Monday, April 23, 2012
Currency News 23 April 2012
Today's Updates
Corporate profits bolster equity bulls
Stocks firmer in the week’s final session, but lingering eurozone worries and building concerns about the US economy kept the bulls in check
HKEx to offer renminbi futures
Internationalisation of the ..
Sunday, April 22, 2012
Currency News 22 April 2012
Today's Updates
Corporate profits bolster equity bulls
Stocks firmer in the week’s final session, but lingering eurozone worries and building concerns about the US economy kept the bulls in check
HKEx to offer renminbi futures
Internationalisation of the ..
Saturday, April 21, 2012
Currency News 21 April 2012
Today's Updates
German business sentiment rise lifts euro
Single currency gains after a stronger than expected survey of confidence and hopes that finance ministers can boost IMF resources
Corporate profits bolster equity bulls
Stocks firmer in the ..
Friday, April 20, 2012
Currency News 20 April 2012
Today's Updates
Yen falls on monetary easing pledge
Japanese yen falls as monetary authorities step up verbal intervention efforts ahead of the Bank of Japan’s policy decision next week
Asian shares slip on global concerns
Asian stocks f ..
Thursday, April 19, 2012
Currency News 19 April 2012
Today's Updates
Sterling climbs as Bank turns hawkish
Pound climbs as sticky inflation prompts MPC member Adam Posen to drop his call for further stimulus
Stocks dip as US tech companies fall
Global equity indices moved lower a poor day for US tech stocks weig ..
Wednesday, April 18, 2012
Currency News 18 April 2012
Today's Updates
Loonie lifted as interest rates held again
Sterling bounces as stickier than expected inflation data reduce expectations of further easing measures by the Bank of England
Asian stocks rally as optimism returns
Asian shares rally on higher inves ..
Tuesday, April 17, 2012
Currency News 17 April 2012
Today's Updates
FX reserves set to boost single currency
As growth in countries’ foreign exchange reserves speeds up the role of China is crucial as it is forced to diversify away from the US dollar
Euro climbs higher against the dollar
Spanish bond yiel ..
Monday, April 16, 2012
Currency News 16 April 2012
Today's Updates
German inflation better than EU break-up
James Mackintosh ponders the wisdom of allowing a Greek exit from the euro and decides higher German inflation combined with a much larger Greek default is a better answer, the Bundesbank shoul ..
Sunday, April 15, 2012
Currency News 15 April 2012
Today's Updates
China relaxes currency peg
The trading band limits how much the currency can rise and fall from the official rate set each day by the central bank and announced before the foreign exchange market opens each day
Spanish bond yields spike as mood s ..
Saturday, April 14, 2012
Currency News 14 April 2012
Today's Updates
Euro hit as ECB bond hopes fade
Central bank governing council member Klaas Knot poured cold water on hopes of further government bond buying
Spanish bond yields spike as mood sours
Global equities are in retreat and the yield on ten-year Spani ..
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