Sending international money transfers? Don’t Let the Banks Cash In.
Your high street bank offers foreign exchange as part of its service. At HiFX, foreign exchange is their business.
Built from their experience of managing billions in foreign exchange each year, the experts at HiFX have created a range of options to help you manage your international money transfers; saving you time and money. Whatever your currency needs, HiFX gives you access to consistent bank beating exchange rates and the ability to arrange international money transfers online or over the phone in seconds.
To help make your money go further when migrating, IPIN Global have partnered with the UK’s leading currency specialists, HiFX, to give you access to:
- Highly competitive exchange rates.
- Simple, jargon free currency advice tailored to your individual circumstances.
- No hidden charges or fees.
- The ability to move money, pay people or settle bills within seconds.
- 24 hour online account management and payment tracking.
- Verisign security used by 97 of world’s top 100 banks.
- A regular transfers service for international mortgage payments and general living expenses.
- A global office network in both the northern and southern hemispheres.
Who are HiFX?
As Europe’s leading currency provider, their global network of offices manages £9 billion in foreign exchange transactions annually, and last year the company helped over 40,000 private individuals to complete an international payment.
Find out how much you could save.
Signing up is quick, free and can be done online 24 hours a day. It carries no obligation to trade and you’ll get access to all the tools and information you need to monitor exchange rates and save money.
Don’t let banks cash in! See how much you could save by visiting the HiFX website today.
For more information orto speak to a qualified foreign exchange specialist, call +44(0)1753 859159 quoting ‘IPIN Global’ for a priority consultation. Alternatively, email email@example.com or visit their web site here. Their friendly specialists will provide you with all the help and expert advice you need to make sure you save money on all your foreign exchange requirements.
Buying and selling currency - your options
HiFX appreciate that sending your money overseas can be daunting and their friendly team want you to feel confident and happy with every aspect of the process. That’s why their goal is to make sure you have all the right information and tools you need to protect yourself from fluctuating exchange rates.
Whatever your situation, it is important to identify and minimise the risk that the market may move against you. Unlike your high street bank, HiFX gives you access to a number of currency options to ensure you stay on budget and firmly in control.
I have access to all of the funds – what are my options?
If you have access to all the funds you have two choices: one risk free and one high risk.
The risk free solution would be to buy all of the currency now, thus fixing the cost at the outset. This is called buying currency for spot. You can then deposit the bought currency to earn some interest and send payment when needed.
I do not have access to all of the funds – what are my options?
If you do not have access to all of the funds at the outset you can still play it safe. The solution is to buy one or more forward contracts.
In essence, a forward contract means that you can buy the currency now, and pay for it later (when you need to make the further stage payments for example). You will be required to pay a 10% deposit now and the 90% balance upon the maturity of the contract. For example, if you wish to buy £50,000 worth of Australian Dollars, but do not need to send them for 3 months, you can agree the exchange rate now, place a £10,000 deposit, and pay the remaining £40,000 balance in 3 months. If the exchange rate moves at all in that 3 month period, you will not be affected, as you have bought currency at the originally agreed rate. You may actually fix a rate on all your currency requirements up to 12 months forward.
I have strong views about future exchange rates – what are my options?
If you have strong views about future exchange rates and are looking to achieve a specific rate, we can arrange a market order.
This allows you to target a better rate of exchange. We monitor the markets on your behalf and, should the market reach your predetermined exchange rate, your currency is bought or sold automatically. Your order is live 24 hours a day and can be amended or cancelled at any time prior to the transaction taking place.
Whichever option you decide is right for you, please remember:
The earlier you begin thinking about your currency requirements, the more likely you are to get the best exchange rate possible and make your money go as far as you do!
Don’t let the banks cash in!
For more information orto speak to a qualified foreign exchange specialist, call +44(0)1753 859159 quoting ‘IPIN Global’ for a priority consultation. Alternatively, email firstname.lastname@example.org or visit their web site here.
Their friendly specialists will provide you with all the help and expert advice you need to make sure you save money on all your foreign exchange requirements. (All calls charged at local rates).