FX solution for businesses

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Clients are welcome to a consultation whereby we will endeavour to gain an understanding of your operation, defining the FX risks that your business is exposed to. We will be able to implement a bespoke strategy to mitigate these risks and help you to protect your bottom line and optimise profitability. Currency markets often fluctuate by several percent over the course of a few days, which can have a direct impact on your profit margins. In addition to competitive spot pricing, we provide an array of efficient hedging tools for you to utilise.

• Forward Contracts:

Forward Contracts are used to fix an exchange rate for future settlement and delivery. This provides security and enables businesses to budget with clarity, without having to worry about the detrimental impact of adverse currency movements.

• Limit Orders:

Limit Orders can be used to harness market volatility and automatically lock in a favourable rate at your target level.

• Stop Losses:

Stop Losses can be used in conjunction with Limit Orders, in order to provide protection. They can be implemented at your budgeted level as a 'safety-net', activating in the event of an adverse market swing.

International collection accounts can give businesses a competitive edge in foreign marketplaces. For our clients this facility mimics the benefits of having multiple bank accounts in different countries and currencies. The difficulties and expenses incurred by applying for, opening and maintaining foreign bank accounts are avoided, without needing a foreign entity.

Online marketplace sellers are particularly prone to difficulties and unforeseen costs when accepting payments from foreign buyers. Online marketplaces such as Amazon will often require that the customer has a bank account based within the country they are receiving funds from, which can prove to be an impossible task. Failing this, the online marketplace will generally insist on facilitating the currency exchange themselves, on behalf of the customers, when repatriating sales into their home currency. The customer will often incur substantial costs of up to five percent of the product price as a result.

To combat this issue and provide a feasible and cost effective alternative, Lighthouse FX provide our clients with multi-currency, multi-jurisdictional, collection accounts, enabling them to utilise our competitive exchange rates. This can also add to their offering by enabling the ability to invoice customers in their local currencies - therefore they know exactly how much they owe, avoiding unforeseen fees when sending funds.

Our dedicated dealing team have a wealth of experience and a solid understanding of the financial markets. You will be partnered with a senior FX professional (subject to exceeding eligibility criteria), who will provide a traditional telephone broking service, alongside a pro-active approach, keeping you up to date with market developments. Our staff are targeted on client retention and always strive to provide an unrivalled quality of service. 

Our back office and payments team are in a league of their own and ensure a smooth and speedy transition from beginning til end. Clients have the option of same day delivery on major currencies and are kept updated every step of the way. Our clients also benefit from the latest cutting edge technology at their fingertips, with a choice of over 140 currencies and the ability to control payments to over 150 countries worldwide, at the touch of a button online.