Contact Us
Phone
+44 (0)1548 857009
Address
Britton House, Fore Street, Kingsbridge, Devon. TQ7 1NY
info@southwestfx.co.uk
South West Foreign Exchange Ltd is an independent foreign exchange consultancy committed to make a real difference.
We understand the intricacies of money exchange and operate on a very personal one on one basis making sure our customers are looked after and given every opportunity to benefit from, through shared knowledge and information, the buying and selling of foreign funds and importantly to save them money.
We are committed to give guidance and help to corporates and private individuals with regards to all aspects international currency transactions. We offer a service like no other company, we believe, and from working locally in the South West for many years we have built up an enviable position of trust, honesty and accountability which would be hard to match in the area. Our business has thrived on the fair and transparent way we conduct our business with others.
We are based in the South West of England, offering a localised service, but also work with anyone in the UK and globally with whoever requires the services we offer. We work very differently than many other companies who portray to do the same thing. With 20 years’ experience in the FX market we have learnt how best to treat our customers and make sure they are given the help and guidance they need.
We will come and talk to you to collate as much information as possible about your business and its needs. Depending on your experience in handling overseas international payments and risk management, we can also take this opportunity to fully explain how the whole market works and what facilities and different currency contracts (spot and forward) are available to you. If you are happy and comfortable with all the information we have given you, we will move to the next stage.
This is when we will open a ‘dealing account’ for your company with one of our trusted partners. Registration is relatively easy, and we will require several documents, like ID and proof of address, to get you through the know your client (KYC) process. KYC is very important to us.
When you are ready and, more importantly, happy to make your transaction, we will buy or sell your required currency to normally settle an invoice. This currency will be bought or sold at the agreed margin, which we would have discussed in step 1. Once the deal has been agreed, we buy or sell the currency you need at the price we discussed.
We will email you the trade confirmation and only then we will expect your payment to us within two working days. There is no point receiving your funds before we know what exchange rate we can get. The intricacies of receiving your funds will all be part of our initial discussion to make sure they arrive on time.
Once your funds arrive with us, we will make the onward payment to the beneficiary on your behalf.
This whole process normally works like clockwork but sometimes there can be unforeseen delays, but rest assured we will always be here for you to discuss any problems and to find a solution. One thing we do is plan very carefully, so the whole process runs smoothly, and you get your required funds to their destination when required.
South West Foreign Exchange Ltd is an independent specialist foreign currency consultancy giving guidance and help to corporates and private individuals with regards to their foreign exchange transactions, we offer a local South West based service with global execution.
Address
Britton House, Fore Street
Kingsbridge, Devon
TQ7 1NY
Phone
+44 (0)1548 857009