Dinah, Finance Manager of a Computer Support Company
Dinah, Finance Manager of a Computer Support Company
Kenneth, Accounts at a Tea and Coffee Company
Kenneth, Accounts at a Tea and Coffee Company
Adrian, Accounts at a Computer Consultancy
Adrian, Accounts at a Computer Consultancy
Melanie, Finance Manager at an Industrial Supplies Company
Melanie, Finance Manager at an Industrial Supplies Company
Karen, Managing director of a Lighting company
Karen, Managing director of a Lighting company
Reza, Director of a Confectionery Company
Reza, Director of a Confectionery Company
Turlough, Corporate Controller at a Pharmaceuticals Company
Turlough, Corporate Controller at a Pharmaceuticals Company
Nicola, Accounts at an Agricultural Equipment Importer
Nicola, Accounts at an Agricultural Equipment Importer
Bob, Director of an Industrial Tooling Company
Bob, Director of an Industrial Tooling Company
Alp, Director of a Food Importer
Alp, Director of a Food Importer
George, Accountant at a Catering Company
George, Accountant at a Catering Company
Geraint, Finance Director of a School Trip Company
Geraint, Finance Director of a School Trip Company
Caroline, Finance at a Software Company
Caroline, Finance at a Software Company
Rachel, Director of an Office Supplies Company
Rachel, Director of an Office Supplies Company
Brad, Director of a Property Development Company
Brad, Director of a Property Development Company
Nikki, Director of an Adhesives Company
Nikki, Director of an Adhesives Company
Andrew, Director of a Packaging company
Andrew, Director of a Packaging company
Ben, owner of a Travel Company Owner
Ben, owner of a Travel Company Owner
Nicky, Accountant at a Packaging Company
Nicky, Accountant at a Packaging Company
Marc, Director of a Construction Company
Marc, Director of a Construction Company
New-age Expertise
Age-old Wisdom
SIMPLE
WE CATER FOR LARGE CORPORATES, SMALL-MEDIUM SIZED ENTERPRISES AND PRIVATE INDIVIDUALS
COST EFFECTIVE
We tailor our service to your needs
Save up to 5% of the traded amount
Our payment and foreign exchange is
provided by Ebury Partners UK Limited.
Some key points about Ebury:
Simplify your operations by collecting money globally without the need for multiple bank accounts or a local presence.
Gain a competitive advantage and increase customer satisfaction by pricing and accepting payments in the currency your clients prefer.
View the funds you’ve collected online. Repatriate funds at wholesale FX rates and make payments quickly and securely.
SPOT TRADES
Book today’s rate and have the flexibility of paying within two days.
FORWARDS
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.
MARKET ORDERS
If you have a target rate for a trade, we can input a digital order for that rate which runs 24 hours a day, 7 days a week. Even if your rate becomes achievable for just a second, your order will fill and you will be notified.
MARKET ANALYSIS
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 e-mail.
We send the funds to your beneficiaries swiftly and securely. You will be automatically notified once your funds have been sent.
Pay Ebury back 150 days later: Reduce your liquidity needs with our longer payment terms.
There are no upfront or hidden fees, meaning you can use the facility whenever you like without incurring unnecessary costs.
Ebury take no collateral, which means there’s no impact on any existing credit lines you have.
Pay your supplier in their local currency and repay in yours. Avoid currency fluctuation risks and reduce costs.
Pay your supplier earlier. Improve your supplier relationships and negotiate discounts.
Align your outgoings with your income and take control of your finances.
We believe that the most powerful way of doing business is through referrals, 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
Sports Agents
Media Agents
Lawyers
Accountants
And many more.
Post date: 16/05/2022 12:36
Wobbly stock markets trigger rush to safe-havens
Another week of risk asset sell-offs had a predictable effect on currency markets. The Japanese yen topped the week’s performance charts, followed by the US dollar. European currency stalled again, and commodity currencies like the Norwegian krone and the antipodean dollars fell sharply. Emerging market currencies fell against the US dollar, although they continue to more than hold their own against the euro, in a sign that rising commodity prices are still a driving factor in currency exchanges.
The key concern driving markets is the extent to which central banks can bring inflation back in line with targets without serious damage to growth prospects. High-frequency data like US retail sales on Tuesday will take on added importance. Nevertheless, it will be a data light week and therefore communications from central bank officials will be in the spotlight. In addition to a slate of ECB speakers, watch out for the publication of the minutes from the ECB April minutes. Meanwhile, the UK inflation print on Wednesday will be key for the pound.
First-quarter GDP data last week was softer-than-expected, though some details of the number (strong investment, weak public and private consumption) were more positive at the margin. This week, inflation data should see the headline number vault to yet another multi-decade high, probably above 9%, and also strong gains on the core index, expected to print above 6%. Sterling appears to have stabilised recently, at least against other European currencies. However, it is hard to see any significant recovery against the US dollar until the Bank of England shifts its rhetoric towards more aggressive tightening. This week’s line-up of no fewer than six MPC speakers provides a chance for that to happen, though it may be still early.
In the absence of major data, traders last week fret over issues like natural gas supplies and their effect on industrial production. Aside from that, sentiment data was not good but we note that the more informative PMIs continue to hold up well in growth territory. It is hard to see high risks of recession with the composite index well above 55 (50 indicates flat performance). The hawkish rhetorical shift in the ECB has not yet helped the common currency, but we think it is a matter of time before it does. With a slate of speakers and the April meeting minutes on tap this week, we may be looking at an opportunity for a countertrend euro rally.
Second-tier economic data out of the US last week did not significantly change the picture of an economy at full employment, struggling with supply side constraints but still growing. Manufacturing and retail sales data out this week will provide the latest read on the health of the US economy, but they are unlikely to move the needle much. Currency trader focus will remain on the gyrations in the bond and equity markets. We think the flight to safety knee jerk move looks overdone and a stabilisation in stock markets could be enough for the US dollar to give up some of its recent gains.
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.
6 Bevis Marks, London, EC3A 7BA
+44 (0)203 817 3700