Dinah, Finance Manager of a Computer Support Company
Kenneth, Accounts at a Tea and Coffee Company
Adrian, Accounts at a Computer Consultancy
Melanie, Finance Manager at an Industrial Supplies Company
Karen, Managing director of a Lighting company
Reza, Director of a Confectionery Company
Turlough, Corporate Controller at a NASDAQ-Listed Pharmaceuticals Company
Nicola, Accounts at an Agricultural Equipment Importer
Bob, Director of an Industrial Tooling Company
Alp, Director of a Food Importer
George, Accountant at a Catering Company
Geraint, Finance Director of a School Trip Company
Caroline, Finance at a Software Company
Rachel, Director of an Office Supplies Company
Brad, Director of a Property Development Company
Nikki, Director of an Adhesives Company
Andrew, Director of a Packaging company
Ben, owner of a Travel Company Owner
Nicky, Accountant at a Packaging Company
Marc, Director of a Construction Company
WE CATER FOR LARGE CORPORATES, SMALL-MEDIUM SIZED ENTERPRISES OR PRIVATE INDIVIDUALS
We tailor our service to your needs
Save up to 5% of the traded amount
Our payment and foreign exchange services are provided by Ebury partners UK Limited
Book today's rate and have the flexibility of paying within two days.
Book today's rate and pay at a later date, up to years in advance. If you do not have a fixed date, then we can book a window forward and you can use the currency over a set time period. There is no limit to how many times you draw-down on your contract.
If you have a target rate for a trade, we can input a digital order for that rate which runs 24 hours a day, seven days a week. Even if your rate becomes achievable for just a second, your order will fill and you will be notified.
Your dedicated Trader will guide you at every step along the way when trading. Even when you are not, they will keep you updated on any significant news and market movements to avoid any unforeseen fluctuations in the rates, meaning you will not have to worry about any unforeseen costs.
Give us a call or send us an e-mail to confirm the rate.
Send your funds to a segregated, ring-fenced account. You will be automatically notified once your funds have been received.
Let us know where to send your currency. You can do this via phone or email.
We send the funds to your beneficiaries swiftly and securely. You will be automatically notified once your funds have been sent.
We believe that the most powerful way of doing business is through referrals, and so we designed a partnership programme to reflect this. You can add value to your core business by facilitating any FX requirement your corporate or personal network may have, through an industry-leading provider.
You can feel comfortable referring business to us knowing that we provide the most simple, secure and cost-effective route for any kind of FX payment. We also have one of the most attractive commission structures in our market, meaning this really is a win-win scenario for you and your network.
Some of our current partners include:
International Property Agents
And many more.
You will be emailed with our exchange rate within 1 hour
We will only call you with your prior agreement. No mailing lists, no phone calls, no nonsense.
Post date: 07/08/2019 12:44
The Fed's "hawkish cut" decision on Wednesday rattled financial markets, and matters were not helped by a flareup of trade tensions between China and the US later in the week after the sudden imposition of another 10% tariff by Trump. The US dollar rallied against most major peers, buoyed by higher yields after the Fed decision. However, the best performing currency was the Japanese Yen, which benefited from safe haven flows as equity markets worldwide fell. The week was particularly painful for emerging market currencies, weighed down by the Fed's apparent reluctance to curt further and sharp falls in commodity prices after Trump's additional announcement of additional tariffs.
Next week is a typically sleepy August one, without major policy decisions or economic releases to drive markets. A notable development last week was the late recovery in the Euro, which finished the week only slight down against the dollar in spite of the FOMC hawkishness, strong US payrolls and yet more negative news on the inflation front. We are keen to see whether the Euro continues to hold out relatively well this week.
The August meeting of the Bank of England had no major impact on Sterling, as the Bank kept policy unchanged and markets continue to focus exclusively on Brexit developments. Our view that no solution to the Brexit dilemma is possible without a general election was boosted last week when a pro-Remain Liberal Democrat victory on a Conservative seat cut Johnson's parliamentary lead to just one seat. Sterling in fact managed to stabilize last week, ending the week essentially unchanged against the Euro.
The European Central Bank must have been disappointed by the July flash inflation report. Core inflation dropped 0.2% to 0.9%, and is showing no signs of the sustained upward trend it would need to reach the ECB targets. After the disappointing news on PMI indices and inflation, the ECB is now certain to introduce additional monetary stimulus at the September meeting.
It is somewhat surprising the US dollar didn't perform even better vs its main G10 peers than it did last week. In addition to the Federal Reserve surprising markets with a more cautious than expected outlook for future cuts, the payroll report for July was quite strong, and included a positive surprise in wage growth. Perhaps dollar holders were rattled by yet another outburst from Trump in the US-China trade conflict. With little economic news of importance this week, headlines around the Chinese retaliation should drive the US dollar performance.
Sovereign International is a company registered in England and Wales (registered number 0935 7987). Our payment and foreign exchange services are provided by Ebury partners UK Ltd.; authorised and regulated by the Financial Conduct Authority as an Electronic Money Institution (reference number: 900797). The FCA requires Ebury to meet standards across three areas. Ebury exceeds all three areas:
The levels of capital requirements are based on Ebury's level of activity. The FCA reviews Ebury's capital adequacy on an annual basis.
All client funds are held in segregated accounts, entirely separate from Ebury's own operating accounts, so client funds are always safe.
Ebury has strict governance and operational processes in place to scrutinise the accuracy of each transaction, with appropriate involvement from directors. Compliance with Ebury's governance and processes is regularly audited.