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 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 AND 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, 7 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 e-mail.
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, 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: 18/05/2020 08:34
The dollar and the Euro both rallied together against most other major currencies last week. The only significant exceptions were a smattering of emerging market currencies, particularly the Turkish Lira which put in what looks like a dead cat bounce after selling off relentlessly for weeks. The week's biggest losers were the New Zealand dollar and Sterling. Both suffered as their respective central banks announced or are considering further monetary stimulus. Quantitative easing in the case of the RBNZ, and negative interest rates from the Bank of England.
Markets continued to be driven by the tension between dismal, record-shattering economic releases and the hopeful news of tentative reopening and dropping coronavirus caseloads in most countries. Fed minutes Wednesday will be somewhat out of date. More timely will be the PMI reports on May business activity in the Eurozone out on Friday, which are expected to bounce somewhat from their historical lows last month.
The GDP news from the first quarter was slightly less dismal than expected, but they reflect only the contraction in March and the fact that the UK lagged most European nations in going into lockdown. Sterling was hurt by the sense that the Bank of England is looking at unconventional ways to ease monetary policy further, and expects to monetize the massive fiscal deficits that will be rendered inevitable by the economic contraction. The lack of progress in the Brexit negotiations has also reappeared as a factor weighing down Sterling. This week, the labor data on Tuesday, particularly the increase in jobless claimants count, the most timely official gauge of the state of the labor market.
Eurozone industrial production for March and GDP contraction for the first quarter were more or less as dismal as had been expected. We think that Eurozone activity has reached a bottom, and as different countries start easing their restrictions on movement and work, we should see a rebound in activity. The first test for this theory comes Friday, as the PMI indices of business activity for May are released - the most timely read of the state of the economy. The bounce back, albeit from truly dismal levels, could well surprise markets and provide some upward impetus for the common currency.
In our view, the main news from last week was that the enormous sales of Treasury bonds were absorbed by markets with little discernible impact on yields. The world's appetite for debt from the main sovereigns is far from sated, which is good news for the US government given the massive fiscal deficits it is expected to incur in the near term. This week, the minutes of the last Fed meeting will be published on Wednesday, but we think Chair Powell testimony to the Senate Banking Committee will contain more timely information on the state of mind of Federal Reserve officials.
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.