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Wednesday 12 October 2011

Does your business have exposure to Foreign Currency?


If you trade foreign currency, you may be paying over the odds and North East Finance Directors Ltd can help to reduce this for you.


Typically smaller customers do not have the in house expertise required to ensure that they are getting a fair deal from their bank or broker, and as such will be paying more in comission than they need to.


This lack of understanding can be exploited where a "no fee" structure is in place. The broker or bank will take the additional funds through their "commission", where commission is the difference between the wholesale price and the price the customer pays.


We have an agreed policy with our preferred broker FX Capital Group of London, where any clients referred by us will benefit by having clear visibility of the agreed "commission" via their on line trading platform.


Further we will assist in developing a hedging strategy where required to ensure that you minimise both your cost and exposure to foreign currency.


We will undertake a no obligation review of your recent transactions to see if there is any potential for making any savings.


To find out more email us at or request a call back.

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