Caxton Premier International Services is for the select few that need to transfer substantial amounts of currency overseas. It’s for individuals who expect a high level of service with their own dedicated account manager to provide currency expertise. Individuals who expect a special rate of exchange for their high-value payments along with enhanced benefits. Individuals like you. Your lifestyle crosses borders and can be complicated. You need a trusted advisor who will help you safely navigate international currency markets to maximise value and minimise risk.
REPATRIATING SHARE INCOME
With one in four of the UK’s largest companies under foreign ownership, it’s not just our colleagues we leave behind when we move jobs. It’s important we are able to absorb earnings from share schemes into a larger investment portfolio. In the rush to repatriate the money, it’s easy to forget the importance of the currency exchange process.
CURRENCY AND STOCK MARKETS RISE AND FALL, JUST NOT TOGETHER
In a market where every winner begets a loser, knowing when to buy – and when to sell – is everything. Unfortunately, the best planning in the world can be neutered by an unsympathetic currency exchange. What happens if your exit from a US listed stock coincides with the dollar’s worst performance in a year? Or if your meticulously-planned investment in an Asian fund is threatened by the Bank of England’s downbeat predictions for the pound?
THE SMART WAY TO INVEST OVERSEAS
Regardless of whether you’re investing in a foreign enterprise or repatriating your offshore earnings, you should have a currency conversion strategy in place. Political and economic uncertainty makes foreign exchange transactions an unpredictable and potentially costly exercise. The good news is that peace of mind is just a few simple steps away.
CONSULT A CURRENCY EXPERT
As things stand, British retirees who emigrate to Europe see their state pension rise by a minimum of 2.5% per year under the so-called “triplelock” system. Exiting the European Economic Area means the UK would need to negotiate individual reciprocal agreements to replace the current system. An impasse could lead to a reduction of 50k over next 20 years.
CURRENCY SOLUTIONS FOR GREATER FLEXIBILITY
If you know your entry / exit point is three months from now but you’re worried about the trajectory of the home or local currency, then a forward contract might be the right solution. It allows the flexibility to secure the best rate with a deposit with a view to paying the balance when the currency is needed.
WATCH OUT FOR HIDDEN FEES
Many people, for convenience, rely on banks to handle their international payments. Often, though, there are better rates available elsewhere along with specialist advice that can mitigate the risks of volatile currency markets.
“Caxton were professional and proactive, ensuring I was kept updated about relevant currency issues. This meant I got the best possible rate as result of receiving the right support at every step of the process”.
INTERNATIONAL PROPERTY OWNER
TIMING IS EVERTHING
1
PLAN YOUR INVESTMENT
2
SPEAK TO CAXTON, OPEN PREMIER ACCOUNT
3
AGREE A TARGET EXCHANGE RATE
VALUE ZONE
Choosing the right time to exchange currency can save you thousands. Let our dedicated account team help you safely navigate the market.
4
CAXTON BUYS CURRENCY ON YOUR BEHALF
5
SEND CURRENCY TO OVERSEAS BROKER
1
PLAN YOUR INCOME REPATRIATION
2
SPEAK TO CAXTON, OPEN PREMIER ACCOUNT
3
AGREE A TARGET EXCHANGE RATE
VALUE ZONE
Choosing the right time to exchange currency can save you thousands. Let our dedicated account team help you safely navigate the market.
4
LIQUIDATE SHARES, PLACE FOREIGN CURRENCY IN YOUR CAXTON ACCOUNT
5
CAXTON REPATRIATES THE INCOME AT THE SCHEDULED RATE
SPEAK TO A INVESTMENT CONSULTANT
If you would like more information about our international payments services, please get in touch with one of our consultants.
MICHAEL BIRD
ACCOUNT MANAGER
MICHAEL BIRD
ACCOUNT MANAGER
Overview: Assisting a large portfolio of clients, with a wide range and variety of requirements.
Specialist Area: Currency repatriation, Property exchange, Forward guidance and Hedging solutions.
How long: October 2018
Why a customer should believe: Proven experience in the Fx industry, attributed with professional accreditations and qualifications.
020 7201 0535
