Currency Audit

Businesses that trade internationally and use FX are open to an average of 10-14% volatility over a 12-month period. However, as we have seen in previous years with the UK general elections and Brexit vote. There have been much bigger fluctuations of up to 40%. Yet we constantly hear the following from new business customers about their current FX process:

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“We take the good rates with the bad”

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“Over the year it just evens itself out, right?”

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“We keep meaning to do it, but just don’t have the time to implement an FX policy”

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“We don’t understand how to implement a company FX policy”

We tell our business customers that an FX policy or hedging strategy is far more important than solely using the most competitive FX provider.
Our experienced business team will aim to deliver on both and it is for this reason, that our clients are reluctant to use any other provider.

Your 7 steps to an effective FX policy start here

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    Step 01

    Set out your strategy

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    Step 02

    Identify the company's overall FX exposure

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    Step 03

    Quantify the risk

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    Step 04

    Define your objectives

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    Step 05

    Assign responsibility

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    Step 06

    Communicate the policy

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    Step 07

    Review and revise

Click live chat or call today to speak to our business team and discuss your free currency audit.

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Governing Bodies and Registrations

Excel Currencies ltd are fully registered by both the FCA (Reg No:540484) and HM Revenue & Customs (MSB No: 12190705) as a Money Services Business. Excel Currencies ltd are also members of the UK Money Transfers Association (MTA) and the Association of International Property Professionals (AIPP).

Security of Funds

Excel Currencies ltd operate a Safeguarding Client Account System which protects all funds in these accounts against any liabilities that Excel Currencies ltd may have. These accounts are held with Barclays Bank plc and each account is segregated individually.

Excel Currencies Ltd, Enterprise House, 8 Essex Road, Dartford, Kent DA1 2AU

Registered in England and Wales, No. 05171054

Copyright © Excel Currencies Ltd 2018. All Rights Reserved.

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