Le Tour De Finance

After four very successful forums in March;  Le Tour de Finance is heading down to the south coast of France this May starting in Provence, moving along to the Cotes d’Azur, heading upwards into the Stunning Alps and then finally finishing in the amazing areas of Normandy and Brittany.

We have been well supported by our media partners The Connexion and Anglo info who have been keeping the public well informed about the benefits of Le Tour De Finance. Expats have found the evenings informative and enjoyable, with free food and aperitifs on offer.  At each event attendees have the opportunity to win a week’s holiday. 

In order to maximise the opportunity presented by Le Tour De Finance please send a link to the website to anyone you know who may be in France over the next two weeks and could benefit from an opportunity to talk to experts on a wide range of financial topics. www.letourdefinance.com.  The events are completely free and there’s no obligation. 

Remember you earn commission when you refer any clients who trade with us!

TOUR SCHEDULE

17 May 2011 Provence                    Trets 13530

19 May 2011 French Riviera         Mougins 06250

24 May 2011 French Riviera         Nice 06000

26 May 2011 Alps                              Chen sur Léman 74140

31 May 2011 Normandy                 Ernes 14270

01 Jun 2011   Northern Brittany Loudeac 22600

Case Study: America Calling

The Facts:

Client wanted to purchase a property in the USA for $1,743,000. Our affiliate Largemortgageloans.com referred the client to Currencies Direct.

Property Purchase $1,743,000 @ 1.6302* = £1,069.194 *April 2011

Client Saving compared to rate quoted by the bank: £5600

Revenue generated through affiliate commission: ≥ £1000

Currencies Direct Process

• Clients details received from Largemortgageloans.com
• Client contacted by a member of the private sales team, registration process explained and rate quoted
• Clients submitted completed registration form and details placed on CD system
• Client dedicated currency dealer contacted client and quoted the rate of 1.6302
• Deal booked and confirmed
• Client received booking form and settled amount of £1,069.194 by bank transfer to CD
• USD$1,743,000 released to the beneficiary details given on the booking form from the client
• Transfer complete

 Savings over the bank

                          Currencies Direct                                                                     Bank

         $1,743,000 @ 1.6302* = £1,069,194                          $1,743.000 @ 1.6217 = £1,074,798

 Client saving £5,604 (0.5%)

The above saving can be much higher depending on the bank the client is using and the volume they are transferring. The smaller monthly mortgage payments savings tend to be between 2.5 - 3%!

Keith Hatton

Chief Executive Officer

Currencies Direct is pleased to announce the appointment of its new CEO, Keith Hatton, who joined us on 3 May. Keith has a wealth of experience in foreign exchange, banking, management and international business development and will steer Currencies Direct through the next phase of its evolution.

What is your role at Currencies Direct?

To determine the medium to long-term strategy for the Company and oversee the focussed execution of that strategy.

What will be your main focus over the next six months?

Listening to our customers and partners and ensuring our products, systems and service are best in class. I feel passionate about delivering a service that really impresses both customers and partners and in order to do this, we need to really understand what you need from Currencies Direct.

Why is Currencies Direct an ideal partner for affiliates with clients who trade overseas?

Affiliates can feel confident about recommending us to their clients because of our passion for customer service, our market and local knowledge, and of course value for money compared to using a bank.  We provide a value added service to affiliates with the potential for an additional revenue stream.

Rising Confidence - Costa del Sol

by Regan Berger

Kristina Szekely Sotheby’s International Realty

We are delighted to have seen some recovery in the Costa del Sol property market this year, and prices have stabilized as consumer confidence returns.  The Marbella area in particular has recently seen much more activity with buyers keen to exploit the opportunities that are available.

Read the rest of this entry »

Matthew Watson

Client Account Executive / PFX Trader

What is your role at Currencies Direct?

As a client account executive I liaise with the French Affiliates regarding new clients to contact. We have a wide-ranging client base: regular transfer plan clients transferring their monthly pension to those looking to purchase / sell properties in France. My role also incorporates Account Management for affiliates to get their referrals.  Once a client has been referred I explain our service to them and ensure they sign up as a private client so they can take advantage of our excellent service and money-saving rates.

Why do you enjoy what you do?

I am always busy. There is huge variation in the role, from account management to sales and we work with such a wide-ranging client base. It makes for some interesting conversations! I am part of a close knit team who work together to improve the client experience.

What makes CD such a good choice for people wanting to transfer funds overseas?

We offer very competitive exchange rates which can create potential savings of 3% on a property purchase for example. There is no cost to make the transfer and once agreed, the exchange rate is guaranteed. Each client is allocated a personal dealer who can discuss different options to suit the client. For example we can offer forward contracts or rate watch for property purchases. It’s an extremely straight forward, hassle free experience.

What did you learn about life in France for expats at Le Tour de Finance?

I really enjoyed the events I attended. For expats it was great to have the option to speak with experts covering different financial matters, from currency advice to pension or mortgage options. Resolving these matters helps integrate the expat straight away so then they can focus on other issues such as meeting new people and learning the language.

The expat community tends to be very close-knit so if they are pleased with your service often they will tell all of their friends in the local area. We have a great reputation, so this kind of word-of-mouth advertising really works for us.

Online International Payments

Currencies Direct have introduced iPayFX for individuals - an online cross border payments system which makes online international payments as simple as domestic ones.

iPayFX gives you 24/7/365 online access to cross border transfers so you can make faster international payments when it suits you. Any clients you refer to Currencies Direct have access to this FREE system to send funds abroad as soon as they register with us.

We’ve created a system that is really quick and easy. You can check the rate, select a beneficiary and make a payment in a matter of seconds. iPayFX is straightforward to use and totally secure.

Once clients have signed up for iPayFX they can go online to set-up payments whenever they like and wherever they are. They still have access to their personal dealer so if they prefer to talk to someone this service is always available.

Visit www.ipayfx.com for more information or click here to see a brochure about iPayFX for Individuals.