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Currency fluctuations can be the deal-breaker for an importer or exporter.
Frequently an overseas deal will be meticulously costed, tendered-for,
negotiated, and executed, only for anticipated profits to be subsequently
wiped-out by fluctuations in the currency markets.
When trading internationally, many businesses are exposed to movements
in foreign exchange rates. These movements are beyond the control of
individual organisations but they have a real and significant impact
on profitability and cash flow. The risk created needs pro-active management.
In turn, this requires expertise. The largest institutions have the
scale to employ their own economists, analysts and dealers. They also
have the resources to invest heavily in market information, data, and
risk management systems however, most organisations do not have these
luxuries.
Aberdeen Industrial Finance in association with HIFX PLC acts as a
trusted partner to your business. We provide a dedicated point of contact
who develops a deep understanding of your commercial activities, the
exposure this creates and the risks that you face. Within our business
we have all the resources required to thoroughly understand the financial
markets. We apply this expertise to your organisation's specific circumstances
and help you achieve your objectives whilst minimising your risk and
maximising your profitability. Our prime objective is to ensure that
your company reaches the best informed, most prudent decisions when
transacting foreign exchange payments or receipts.
We keep abreast of your ongoing requirements and pro-actively keep
you in touch with the markets. We help you establish what to do, when
to do it and how. Finally, when the transaction is undertaken we aim
to provide you with a better exchange rate than your bank.
As well as "spot" and "forward" contracts, HIFX
offers facilities to buy or sell foreign exchange at pre-determined
prices. This enables your company to protect against adverse currency
swings, whilst securing enhanced exchange rates, when available. These
orders are monitored around the clock and can be left in place until
cancelled. Our dedicated dealers can help you establish appropriate
levels to place market orders and will pro-actively advise you as conditions
evolve.
HIFX operates leading edge back office systems to ensure swift delivery
of payments to any destination around the globe. All US/CAD Dollars,
Euro and GBP payments can be instructed for same day value. When a deal
is concluded we immediately confirm the details to you by either e-mail
or fax. As soon as your funds are received into our client trust account
with Barclays we immediately forward your payment in accordance with
your instruction. Single payments are sent free of charge. Statements
are available as frequently as you require by e-mail, fax or post.
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