For one start up, there was an immediate up front requirement to make payments internationally to buyers and agents that sourced specific materials and unique pieces. Exchange rate movements can have a significant impact on the cost of imported materials and services which can ultimately affect the company's profit margins.
By creating the correct foundations and using hedging instruments such as forward contracts, the clothing company can protect itself against adverse currency movements and budget more effectively.
Based on understanding the requirements of each individual business model, Sterling FX is positioned to advise on the best foreign exchange solutions to optimize profits and keep costs down.
Bespoke
service
24/7 global
payments platform
Our network of
liquidity providers
Transparent
pricing
Trade
analysis
Track record
of 40 years+
Smart
technology
Bespoke
service
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24/7 global
payments platform
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Our network of
liquidity providers
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Transparent
pricing
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Trade
analysis
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Track record
of 40 years+
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Smart
technology
Lorem ipsum dolor sit amet, consectetur adipisicing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat.
Currencies | Sterling FX rates | Bank rates | You could save (for £1000) |
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*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
Furthermore, in many cases the banks will not provide you with a good foreign exchange rate either, so in which case you may get stung twice. That's why it makes sense to get your Travel Money from The Sterling FX - your preferred currency exchange in London.
Currencies | Sterling FX rates | Bank rates | You could save (for £1000) |
---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
Furthermore, in many cases the banks will not provide you with a good foreign exchange rate either, so in which case you may get stung twice. That's why it makes sense to get your Travel Money from The Sterling FX - your preferred currency exchange in London.
Currencies | International Transfer Rates | Bank rates | You could save (for £1000) |
---|
*We capture the exchange rates being offered by airports and high street providers once a month and calculate what spread they are taking off the live interbank rate. We then compare that to what rates we are offering to calculate the savings you can make if you use us.
Furthermore, in many cases the banks will not provide you with a good foreign exchange rate either, so in which case you may get stung twice. That's why it makes sense to get your Travel Money from The Sterling FX - your preferred currency exchange in London.