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Getting Better Exchange Rates
Foreign Exchange
ITContractor.com has teamed up with an internationally renowned Foreign Exchange specialist to bring contractors, recruiters and anyone who changes money, an opportunity to exchange their money at a rate far better than they could get from their banks.
If you exchange large sums via the banks then their exchange rates get better the more you transfer - especially for large amounts.
However, if you are working abroad and want to change your monthly cash back into your home currency, then it is far, far better for you to use a Foreign Exchange company rather than a high street bank.
If you are working in the UK and want to send your hard earned money home then the same applies.
Changing Money
If you are an agency or Umbrella Company then you may be losing out heavily every year due to currency fluctuations, lack of quality Information on whats going on in the foreign exchange markets.
Even if you want to buy a property abroad or to transfer money for any reason then this is the best way to do it.
Even at large amounts, this Foreign Exchange Company will, in 99.9% of cases, beat the banks. With smaller amounts there is a major Difference.
Beating the Banks
The beauty of their offering is that, because the Foreign Exchange dealers are buying and selling currencies at huge volumes, they are able to get the best rates.
They can beat the banks at any amount of money exchanged - and you get the same rate whether you exchange a smaller amount or a large amount.
Even better, you don't have to pay any of that commission that the banks charge you. The Foreign Exchange Company make their money from the difference between the price they buy and sell at - which is better than the banks' rates virtually all of the time.
For Contractors
Basically, there is now the opportunity for IT contractors to get the same service that the big boys get - and the same cost savings.
Having a service like this could save IT contractors quite a lot of money per year.
The Foreign Exchange Company makes their money from the difference between the price they buy and sell at and below is an example of a current recruitment agency.
One recruiter who used our service said:-
"Just thought i would let you know that we have been trading together for over a year now and we have calculated that with your information and services we have managed to save £16,000 from the simply comparing rates and going with the better price which I have to say has been your company every time and I will continue to compare rates at the each month for the next year as well.
"I would also have no hesitation in recommending your services to any of my friends or even companies in the recruitment industry.
"Kind regards
"Rebecca Fitzgerald"
Buying Property Abroad
Even if you just want to buy some property abroad (and we can point you in the right direction), we can save you a lot of money on the Funds Transfer and below is a testimonial from a private client.
Successful User
"Firstly my sincere apologies for not writing this sooner. I'm afraid life tends to be very hectic, and with the best intentions, things get overlooked.
"I just wanted to express my sincere thanks to you for your help in recent months in enabling me to transfer the necessary funds for our house purchase in Italy and help us make a saving of nearly £2,000 pounds and we can't thank you enough.
"I am extremely impressed with the level of professionalism demonstrated by you and your colleagues at all times.
"Please pass on my thanks to all concerned - I look forward to using your services in the future.
"Best Regards,
"Adrian Gibson"
For Agencies and Umbrella Companies
Do you find yourself exposed to currency fluctuations?
Have you found margins being eroded?
Is there a hole in your accounts at the end of your financial year?
Are you exchanging through your bank and not receiving a fair deal?
Are you getting free foreign exchange advice?
Remember:
- Most recruitment companies do not have in-house foreign exchange market expertise
- Recruitment companies do not have the necessary time and resources to effectively manage commercial foreign currency exposure
- Margins are at risk to foreign exchange rate volatility
Currencies move constantly 24/7
What can we do for you?
Without expert market knowledge and the requisite trading tools to protect budgets, companies and private individuals set arbitrary foreign exchange targets for future market price levels, resulting in substantial budgetary risk.
The purpose of our company is to understand our clients' objectives and to enter the market on their behalf to secure the most competitive currency exchange rates, thus enabling them to lock-in their budgeted exchange rates.
Understanding the Risks
- Currency markets are open 24/7.
- Market fluctuations can destroy the assumptions in budgets while the underlying trading performance is on target.
Those fluctuations are not "acts of God" as some people believe, but are caused by macro-economic, political and trade flow movements. By helping our clients understand those risks, we can help protect their budgets.
Instant Savings
This provides instant savings and should be considered as a natural complement to corporate and private clients to understand and hedge their foreign currency risks.
Our service provides competitive rates of exchange, market expertise and optimum timing of execution.
By minimising risk and maximising the value of budget assumptions we will assist by employing risk adverse hedging strategies as we understand how precious those personal and corporate budgets are.
In a nutshell, we save you money
Brief Outline of services
We are a specialist foreign exchange provider offering real benefits to its clients.
Our service is available to both corporate and Individual private clients, offering exchange rates normally reserved for the major financial institutions.
We also offer a regular payment currency payment plan aimed at Contractors, this is done by Direct Debit offering a commercial rate of exchange on a same day delivery,
Compare Us
Alternatively contact us for a spot quote and compare us to the bank, we are very competitive and can also offer a real time view of market conditions and any possible issues that may affect your currency decision.
As established professionals, we have direct access to the latest market rates and movements. Because we are buying and selling currencies at high volumes, you pay no fee or commission as our profit comes from the difference between the price we buy and sell at.
With offices located in the heart of the City of London, we offer a first class service.
How To Find Out More
If you want to know more about how you can save money when you transfer money from one currency into another, just fill in your details in the box below.
It doesn't, of course, commit you to anything, there is no obligation, and we won't use your details for any other purpose.
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