Foreign Payments. Looking after all your foreign exchange needs. 34 South Molton Street London W1K 5RG. Tel: (020) Fax: (020)

Transcription

1 Foreign Payments Looking after all your foreign exchange needs 34 South Molton Street London W1K 5RG Tel: (020) Fax: (020) payments.co.uk Web: Foreign Payments Ltd Reg. No Foreign Payments Ltd HMCE/MSB

2 Client Services Foreign Payments believe that by offering clients a comprehensive foreign exchange service they will use us time and again for all their foreign exchange needs. Competitive rates, low fees and a whole range of services are available to both corporate clients and private individuals throughout the UK (incl. N.Ireland). CLIENT SERVICES Competitive Exchange Rates Commission Free Currency Commission Free Currency Travellers Cheques* Commission Free Foreign Transfers over 5k ( 10 below) Rebate Commission Scheme for Affiliate Companies Commission Free Buyback of Currency & T/Chqs Free Delivery in the West End & City of London Clients have a number of payment options including CHAPS, BACS, Draft or cheque (both subject to limits). All payments are deposited in our segregated Client Account. Foreign Payments believe that we are the only company to offer a real all round foreign exchange service. We are confident that you will be impressed with our professionalism and our customer service. If you would like to take advantage of any of the above services, please complete and return the enclosed registration form. You can then start ordering your foreign exchange immediately. Foreign Payments pay a rebate to commission to all companies referring their clients to our services. We will be happy to provide more details on request. Please enquiries@foreignpayments.co.uk if you require any assistance with the registration or ordering process. * There is a 1% fee for Sterling Travellers Cheques

3 Corporate Services Foreign Payments deal with many companies with varied foreign exchange needs. We specifically cater for those companies who need to send and receive funds from abroad on a regular basis or who require regular currency and travellers cheques for overseas travel. For clients in the West End and City of London area, Foreign Payments offer a free, next day delivery service. Your currency and traveller s cheques are delivered to your business address by our own courier service. Orders can be made by telephone, fax or and we offer both morning and afternoon delivery. You will find the appropriate order forms in the back of this brochure. Corporate Clients can pay by Company Cheque, BACS or CHAPS, up to an agreed limit. Cheques can be collected by our courier when he delivers your order. All other orders are delivered once we receive your confirmation of payment. Foreign Payments can transfer funds to both Europe and the USA within 2 days, and can usually have funds credited to other parts of the world within 2-4 working days. Once we receive cleared payment, we will transfer funds to your nominated beneficiary account, anywhere in the world. A feature of our Corporate Service is our free Client Confirmation Facility. Foreign Payments will contact your client (by or fax) to confirm that payment has been sent. We can also deal direct with your client if they require further information on any transaction, saving you and your company time and money. As well as offering competitive rates and charges, Foreign Payments can provide clients with daily Euro Transfer rates, regular market news and immediate confirmation of all transactions. Foreign Payments believe all companies are different, which is why all our services are adapted to meet the specific needs of each individual business. We are confident that we can cater for all your foreign exchange needs, whatever they may be. Contact us for a free no obligation meeting. Staff who require currency for their personal travel needs can also order from Foreign Payments. Simply call (020) and order for next day delivery. Payment is made on delivery by cash or personal cheque. Please enquiries@foreignpayments.co.uk if you would like more details on our Corporate Services.

4 Other Services INWARD CURRENCY PAYMENTS CONVERTED TO STERLING Foreign Payments can accept currency payments (wire transfers only) from most countries. We convert your currency payment and credit your UK bank account with the Sterling equivalent. We can, for smaller payments ( 5,000 and below) pay the funds direct to your bank or issue you with cash or cheque. INWARD CURRENCY PAYMENTS CONVERTED TO CURRENCY Foreign Payments can accept currency payments (wire transfers only) from most countries. We convert your currency to Sterling and can then pay you in the currency of your choice. Charges are competitive and the currency can be delivered in notes, travellers cheques, foreign draft or foreign transfer. OBSCURE CURRENCY ORDERS Foreign Payments source our supplies from various brokers. We are therefore able to order and deliver some of the most obscure currencies, sometimes difficult to obtain from high street suppliers, all at top rates. STERLING DELIVERY SERVICE Our Sterling Delivery Service is for clients who need large amounts of Sterling cash on a regular basis. Most banks require two days notice for these transactions. Foreign Payments can deliver the next day (subject to receipt of cleared funds). There is a charge for this service based on the level of anticipated turnover. Minimum transaction value is 1,000. FORWARD CURRENCY AND OPTION CONTRACTS These contracts can help clients set a rate today for a future foreign exchange purchase. For example a client could reserve 100,000 of USA Dollars at today s rate for an overseas property purchase in 6 months time. The client pays an immediate deposit of 15% ( 15,000). When the contract matures the client purchases the currency at the agreed rate, paying the balance of the Sterling due. This is an effective way to insulate against rate fluctuation. CURRENCY ACCOUNT FACILITIES Foreign Payments offer Euro and USA Dollar currency account facilities. We can hold currency on your behalf in either of these currencies. This service can be used by clients as a holding account, or to purchase currency at a preferential rate for future transactions. These accounts are non-interest bearing and cheque books and paying in books are not provided. Please enquiries@foreignpayments.co.uk if you require further information on any of these services.

5 Compliance Since the tragic events of September 11 th 2001, all companies offering money transmission services are obliged to be registered with Her majesty s Customs and Excise. Foreign Payments Registration Number is For Private clients the regulations state that money transmission services must keep (on file) proof of identification for all transactions over 5,000 and supporting documentation for all transactions over 25,000. This documentation can include a purchase note, invoice or details relating to an overseas purchase. This documentation is held on file at our office. No transaction details are disclosed to any third party. Corporate clients will need to provide company registration details (including registration number). We also require a copy of at least one years trading accounts. This will help us comply with regulations and also to set account limits. Foreign Payments offer a segregated account for all payments received from clients. This account does not form part of our trading account, although we maintain full control over it. Once registered we will send you the full bank details for this account. When making a payment to the Client Account a reference number must be quoted. This will help us to apply each payment to the correct client. Failure to quote this reference could lead to a delay in Foreign Payments receiving your funds. For security reasons, Foreign Payments does not hold cash at its registered office. All transactions are carried out through our nominated brokers. Because Foreign Payments only release currency on receipt of cleared funds, our liability to rate fluctuation is minimal. This means we can always offer our client the most competitive rates. Foreign Payments look to maintain the highest industry standards at all times. Our commitment to you includes confirmation of all deals as soon as they are transacted, regular updates on all new services and compliance matters and a full advisory service to help you with any information you may need. Please enquiries@foreignpayments.co.uk if you require any further information on compliance issues.

6 Foreign Payments Looking after all your foreign exchange needs 34 South Molton Street, London, W1K 5RG Tel: (020) Fax: (020) FOREIGN PAYMENTS TRANSFER REQUEST Order Details CLIENT NAME CURRENCY AMOUNT IS THIS AMOUNT Currency Amount Sterling Equivalent DATE CLIENT REFERENCE* PAYMENT METHOD** * This is issued once you have registered as a client with Foreign Payments ** Please state whether you are paying by cash, BACS or CHAPS. We do not accept credit/debit cards Payee Details BEFICIARY NAME ACCOUNT NUMBER BANK NAME BANK ADDRESS (Please include the full address and any SWIFT or Branch codes) BENEFICIARY S * REFERENCE** BY ORDER OF * Please quote the address of the beneficiary if you require us to send them confirmation of this transaction ** Please quote any invoice number or payment reference SIGNED: PRINT NAME: DATE: Foreign Payments Ltd. Reg. No Foreign Payments Ltd HMCE/MSB

7 Foreign Payments Looking after all your foreign exchange needs 34 South Molton Street, London, W1K 5RG Tel: (020) Fax: (020) FOREIGN PAYMENTS CURRENCY REQUEST Order Details CLIENT NAME CURRENCY AMOUNT IS THIS AMOUNT Currency Amount Sterling Equivalent DO YOU REQUIRE Currency Notes Travellers Cheques DATE REQUIRED CLIENT REFERENCE* PAYMENT METHOD** * This is issued once you have registered as a client with Foreign Payments ** Please state whether you are paying by cash, cheque, BACS or CHAPS. We do not accept credit/debit cards Payee Details DELIVERY METHOD Post (RM Spec. Del.) Courier Delivery POSTAL/DELIVERY ADDRESS Please note that the Courier Delivery service is only available to business addresses in the West End & City of London. Client registration is required. ADDITIONAL INFO. Please let us know if you require specific denominations etc. Foreign Payments issue American Express Traveller s Cheques SIGNED: PRINT NAME: DATE: Foreign Payments Ltd. Reg. No Foreign Payments Ltd HMCE/MSB

8 Foreign Payments Looking after all your foreign exchange needs 34 South Molton Street, London, W1K 5RG Tel: (020) Fax: (020) FOREIGN PAYMENTS CLIENT REGISTRATION FORM NAME ADDRESS CLIENT DETAILS CONTACT TEL. FAX NO. REFERRED BY ADVISER WHAT SERVICES ARE YOU INTERESTED IN? ESTIMATED FOREIGN EXCHANGE EXPENDITURE DO YOU WISH TO REGISTER AS Corporate Client* Private Individual * We require a copy of the company registration certificate for all Corporate Clients SIGNED: PRINT NAME: DATE: Foreign Payments Ltd. Reg. No Foreign Payments Ltd HMCE/MSB