Your competitive edge in the global market
Transcription
Your competitive edge in the global market
Your competitive edge in the global market CURRENCY EXCHANGE SERVICES FOR BUSINESS COMPETITIVE EXCHANGE RATES SIMPLIFIED AND EXPEDITED TRANSFERS AND PAYMENTS PERSONAL SERVICE AND INFORMED MARKET ANALYSIS RISK MANAGEMENT STRATEGIES CURRENCY REMITTANCE AND CHECK COLLECTION SERVICES INCREASING YOUR REVENUE AND PRODUCTIVITY IS A You save money because our expedient trading procedures give you competitive rates at the most CONSTANT CHALLENGE IN TODAY'S FAST-PACED BUSINESS Positive impact on your bottom line. WORLD. AS SPECIALISTS IN CURRENCY EXCHANGE SERVICES FOR BUSINESS, favorable terms. You save time because our expertise guides you through the intricacies of the foreign currency exchange markets. ENVOY INTERNATIONAL CAN HELP YOU MAXIMIZE RETURNS The net result of calling us is an immediate and FROM YOUR FOREIGN CURRENCY MANAGEMENT. positive impact on your bottom line. Business Services Service Advatages to Optimize Your Foreign Exchange Profitability Envoy International dedicates itself to providing you with competitive exchange rates. We have helped hundreds of companies increase revenue on foreign currency transactions. With access to the entire North American banking system, we can simplify and expedite your company's transfers and payments. Experienced account executives provide personal service and informed market analysis to help you succeed in the international marketplace. Envoy International advises customers regarding Foreign Exchange Forward Contracts as well as other strategies for managing your exposure to risk in the currency markets. Customized controls are available from Envoy International to ensure security and privacy. Depending upon your location, Currency Remittance and Check Collection services are also available from Envoy International. Please call us toll-free at 1-800-755-5614 for more information. Foreign Check Collection Services When every edge counts in today's fast-paced business environment, you can turn to Envoy International for expeditious Foreign Check Collection Services. Your willingness to accept checks in foreign currencies can help ensure prompt payment that contributes to your cash flow and profitability, as well as enhancing your customer service and business relationships. If you have any questions or would like Envoy International will price and exchange your foreign currency checks into your native currency at favorable rates and terms. Call us toll-free for more information or to discuss your needs for Foreign Check Collection Services. a quotation on a currency transaction, please call us. 1-800-755-5614 [email protected] www.envoyinternational.com ENVOY INTERNATIONAL PROVIDES EXPERT ADVICE AND STRATEGIES TO GUIDE YOU THROUGH FOREIGN CURRENCY EXCHANGE. Foreign Exchange Forward Contracts By "locking in" the value of foreign payables and receivables prior to actual payment or receipt, you eliminate the impact of unfavorable exchange rate fluctuations. peso ARS Australia dollar AUD Since Forward Contracts fix payables or receivables, your rate of return is predictable over the course of an agreement to import or export. Brazil real BRL Canada dollar CAD Chile peso CLP This is also critical to balance sheet valuations of a foreign company that you may be buying or selling or operating as an affiliate. From the date an arrangement or agreement is made, any fluctuation in the exchange rate will change the valuation of a company. Forward Contracts and other foreign currency management strategies help you manage this risk. China yuan renminbi CNY Costa Rica colon CRC Denmark krone DKK Egypt pound EGP Euro-Zone euro EUR Hong Kong dollar HKD India rupee INR Indonesia rupiah IDR Israel new shekel ILS Japan yen JPY Kenya shilling KES Korea (S.) won KRW Kuwait dinar KWD Mexico peso MXN New Zealand dollar NZD Nigeria naira NGN Norway krone NOK Pakistan rupee PKR Russia rouble RUB Saudi Arabia riyal SAR Singapore dollar SGD South Africa rand ZAR Sweden krona SEK Switzerland franc CHF Taiwan dollar TWD Turkey lira TRL By providing your customers pricing in their currency, you can be more competitive. Your sales and profits are related to your product and service benefits, not fluctuations of the currency exchange markets. Risk Management Strategies to simplify your trans-border transactions and enhance your profitability. Foreign currency exchange rates on the open market can fluctuate any time. If you are importing or exporting, and your payables or receivables are in a foreign currency, then fluctuating rates expose your profit margin to risk. If a trans-border transaction is in your currency, the risk is passed along to your customer, but that also brings the potential of making the cost of your product or service less competitive or less attractive. A variety of Risk Management strategies can be used to simplify your trans-border transactions and enhance your profitability: • Fix the value of foreign payables and receivables weeks or months in advance. The chart below is a guide to several common currencies worldwide that Envoy International exchanges. Contact us for information on other countries and currencies not listed. Argentina Buy or sell foreign currency at a future date at an agreed-upon rate Foreign Exchange Forward Contracts enable you to buy or sell foreign currency at a future date at an agreed-upon rate. This eliminates the uncertainty of fluctuating currency values. It is helpful for importers, exporters and companies with affiliates in foreign countries. Common Currency Symbols • Identify and capitalize on hedging opportunities. • Manage transactions and investment returns. • Time cash flow astutely. • Minimize the impact of currency fluctuations on your transactions so your returns are more predictable. • Preserve capital and enhance income. • Personal advice and consulting service tailored to your specific needs and trading circumstances. For more information about Risk Management strategies, please call us toll-free. United Kingdom pound sterling GBP United States U.S. dollar USD Venezuela bolivar VEB CALL US TODAY TO SEE HOW WE CAN BECOME YOUR PARTNER FOR SUCCESS. 1-800-755-5614 427 Garrison Road, Fort Erie, Ontario L2A 6E6 Phone (800) 755-5614 Fax (800) 294-1173 [email protected] www.envoyinternational.com Note: Not all services described herein are available in all areas. Please call us for specific information about services available in your area.