International Money Transfers - P5 - Marketing

International Money Transfers – P5 – Marketing

Supporting your Investment

Exchanging and transferring money internationally can be a complicated affair. The concept of timing is very important in the financial markets and it can be doubly important for transferring money overseas due to FX rate fluctuations.

To take advantage of best FX rates for international money transfer, traders often need to continuously monitor foreign exchange markets and follow important events. Not only that, but the transaction fees charged by banks for FX operations can often become a burden for many people who aspire to trade foreign currency.

Accendo FX offers FX treasury solutions at a going market rate, which could save you thousands on each transaction compared to going to a retail bank.

Detailed examples of how trading with Accendo FX can benefit you can be found in this handy guide.

Single Point of Contact

As an outsourced treasury solution, Accendo FX can offer you a close partnership with an experienced and knowledgeable dealer to manage your FX exposure.

Instead of a cumbersome process of explaining your FX needs to a retail bank operator every time you want to conduct a transaction, there is a lasting relationship of trust between you and your Accendo FX trader.

Flexible Trade Execution

Apart from a suite of direct FX products, Accendo FX team can offer products such as forward contracts, agreements where a small deposit can be placed on a much larger transaction to lock in the value of that trade at the current market price.

By utilising these contracts, you can safeguard yourself from the uncertainty of FX market volatility, and potentially lower average FX transaction costs. Forward contracts can remain in place for up to 12 months, with the ability to act on them at any time.

You are in Control

Accendo FX team will assist you with execution side only; your assigned trader will not offer advice or recommendations on when to exchange your money. At the same time, Accendo FX will provide you with a comprehensive support structure that will enable you to be fully informed and take charge of your money.

For repeat FX transactions, Accendo FX team can assist you in setting up weekly or monthly payments, facilitate the use of forward contracts and help you navigate the risks involved in foreign exchange markets.

For further information on how you could benefit from a relationship with Accendo FX, make sure to download your free Currency Exchange Guide here.

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This research is produced by Accendo Markets Limited. Research produced and disseminated by Accendo Markets is classified as non-independent research, and is therefore a marketing communication. This investment research has not been prepared in accordance with legal requirements designed to promote its independence and it is not subject to the prohibition on dealing ahead of the dissemination of investment research. This research does not constitute a personal recommendation or offer to enter into a transaction or an investment, and is produced and distributed for information purposes only.

Accendo Markets considers opinions and information contained within the research to be valid when published, and gives no warranty as to the investments referred to in this material. The income from the investments referred to may go down as well as up, and investors may realise losses on investments. The past performance of a particular investment is not necessarily a guide to its future performance. Prepared by Michael van Dulken, Head of Research

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