Corporate Foreign Exchange
At Saffron Financial we recognise that the provision of an expert foreign exchange service to corporate clients is a crucial aspect of their business.
As can be seen by the Sterling – Euro exchange rate, there has never been a more important time to focus on timing in the FX market. In early 2007, GBP / EUR traded above 1.50, yet by early 2009 it was nearly at parity. This is just one example of how important forward planning can be when you have an exchange risk.
By building up a relationship with your dedicated broker we can provide a personalised service as we will understand your specific requirements. This means that we can monitor these markets on your behalf and contact you to update you on significant movements in markets which affect your business.
Consequently, we are also able to offer preferential rates of exchange.
We will also give you advance warning of events which may cause volatility in exchange rates relevant to your business. This may be Bank of England interest rate meetings, the release of US GDP data or any of the huge rafts of global economic data, all of which can cause dramatic reactions in the foreign exchange markets.
Remember, our business is dealing with foreign exchange, leaving you free to deal with your business.