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: 17/02/2020 08:35
Risk assets and emerging market currencies bounced back last week as markets remain confident that the economic damage from the Coronavirus epidemic will remain contained and manageable. The change in methodology that caused a spike in reported numbers did not change this fundamental view. However, this is not helping the Euro, which fell last week to its lowest point in years, as traders look to find risk-seeking carry trades using low-yielding currencies and economic data out of the Eurozone continues to paint a picture of near-stagnation. Meanwhile, Sterling was the best performing currency in G10, buoyed by signs that the Johnson government is ready to add fiscal stimulus to the UK economy.
Next week is a key one for the Eurozone. On Friday we get the advance reading of both the PMI indices of business activity and Eurozone inflation. The former is really the first major indicator outside China to reflect the impact of the Coronavirus outbreak so there may be some currency volatility around this release Friday morning.
Sterling bounced back strongly last week as the reshuffle in Johnson's cabinet was read as a move towards looser fiscal policy in the upcoming Spring budget. The Pound will be tested this week as a slew of key data comes out, including the flash PMI indices of business activity, the labor report, and inflation. These are all backward-looking indicators, however. For now, Sterling has emerged as a key indicator of risk appetite, and if our view that the Coronavirus outbreak is going to remain largely contained in China pans out, there is room for a continuation of the Pound’s rally over the next few weeks.
Industrial production and GDP growth numbers in the Eurozone came out largely as expected, which is to say relatively weak. Economic growth remains sluggish but on the plus side employment growth remains healthy. The market chose to focus on the former, sending the Euro to multi-year lows on Friday. It is possible that we may have to wait for the fiscal stimulus that the ECB is requesting before we see a sustained rally in the Euro.
Economic data out of the US last week was mostly second tier, with the exception of CPI inflation whose core measure remains healthy and comfortably above the 2% Fed target (though other measures are slightly lower). The democratic primaries so far, where left-wing Sanders continues to be the front runner, have so far had little impact on financial markets. This may change this week and next as primaries are held in more populous and representative states like Nevada on February 22nd and South Carolina on February 29th.
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.