Monday 25th July, 2016 Gareth Baxter

CURRENCY EXPERTS
FCA AUTHORISED
ESTABLISHED PAYMENT
INSTITUTION
HELPING OUR CLIENTS TO SAVE MORE ON THEIR
FOREIGN PAYMENTS
THE DAILY PULSE – FINANCIAL MARKET UPDATES
DIRECT TO YOUR EMAIL
GBP vs EUR
GBP vs USD
FASHION CASE STUDY
PROACTIVE APPROACH
We know our client needs to buy 200,000 EUR.
We make contact to discuss securing an exchange rate 3 days
before the UK Referendum due to potential market volatility.
Client takes out a Forward Contract with rate secured.
OUTCOME
Same transaction would have cost £10,416 more 3 days later.
Date of Transfer
20.06.2016
23.06.2016
EUR
200,000
200,000
GBP
156,250
166,666
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