If you or your organisation imports or exports and buys or sells foreign currencies through their bank then it is highly likely that by using a specialist foreign exchange broker that you will save money on virtually every transaction.
Using Tesco’s famous words “every little helps”
Alternatively if you have a large one off transaction such as buying a house abroad then it is better to use a specialist foreign exchange dealer in our bank. The specialist Forex dealer is likely to give you a better rate of exchange.
If your company is undercapitalised or has periods during the year when the cash flow is insufficient then it may be time to consider factoring your invoices. In principle the factoring of invoices involves the assignment of the invoices to a factoring company who is than prepared to advance up to 70% of the value of the invoices before they have been paid.
Terms do vary between factoring companies and the amount that they are prepared to advance may vary.
Credit insurance is a specialist area of insurance which enables a company to manage the risk of bad debts. It would be normal for a company to insure all their debts but to specify an excess above which they could make claims.
By having the excess it will reduce the premiums, eliminate small claims but achieve the objective of managing the bad debt risk.
This service is likely to be of interest to companies which invoice regular amounts to their customers. They see that major organisations offer or demand direct debit payments but find that their bank is unable to provide the service themselves.
We are able to introduce you to a specialist company provides direct debit services to smaller companies.
If a company has a contract or wishes to trade in the foreign countries it may face a significant political risk which may risk the loss of their investment through confiscation or being required to leave the country etc. Political risk insurance is usually available through the commercial market but it is normally expensive.
We are able to arrange political risk insurance through a subsidiary of the World Bank which is likely to be significantly less expensive than that which is available in the commercial market.
The needs in the area of accountancy services of a small or start-up company is likely to be significantly different from that of a fast-growing company or of a larger company.
Finding an accountancy company which is able to provide suitable is you you you you are you you you you you are in a in a you are you are you are you are aservices at a price which is acceptable to different companies is often difficult
In uncertain times gold can be an excellent store of value. It is a commodity it does increase and decrease in value by the usually increases in response to negative geopolitical matters and deteriorating economic data.
We can introduce you to a specialist gold dealer who purchases unrefined golden in Africa, as it refined to international standards and offers it in large or small quantities.
We do not advise clients in relation to buying or selling gold. That is a matter to be discussed and agreed between the gold dealer and the client.