Corporate foreign exchange.
Energy, insight and expertise to help your business get the most out of foreign exchange and international payments.
When it comes to global currency markets, we know our stuff. We go the extra mile to learn about you and your business, enabling us to recommend the best solutions to fulfil your specific requirements.
Personal contact.
It is often thought that foreign exchange is a matter of ‘head’ not ‘heart’, but at Global Reach Partners we like to keep things personal.
Our service is always one-to-one and when you open an account, you’ll be assigned your own dedicated dealer who will be on-hand to assist you whenever needed.
From the very first phone call, through to making transactions, we will guide you in all areas of foreign exchange and help identify the best ways of enhancing your strategy, for now and for the future.
Your dealer’s extensive insight and currency expertise will be an invaluable resource, enabling you to take advantage of market movements and get the most out of your strategy.
Our products.
Whatever your foreign exchange needs, we’ve got it covered.
We are not just box-tickers. We are go-getters. Not only do we provide a wide range of specialist products, along with extensive industry insight and all the latest market data; we also bend over backwards to provide a fully tailored service, with personalised delivery.
The cherry on top? We provide a range of measures to help your business to mitigate the normal risks that foreign exchange can present and ultimately, help you to protect your bottom line.
Thank you. We will contact you shortly.
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Global Reach Partners Limited; Registered Office: 2nd Floor , Woolgate Exchange, 25 Basinghall Street, London, EC2V 5HA , United Kingdom. Registered in England No. 4344764. Registered for Money Laundering Regulations and Money Services Business at her Majesty's Revenue & Customs registrations No.12140164. Supervised by the Financial Conduct Authority in accordance with the payment services regulations 2009, registration No. 504315.

Corporate forex risk management policy

At Finrex, our team has the ability to grasp the nuances of the market and constantly deliver tailor made strategies that will suit your business the most. This is because we understand the risks associated with international business and hedge them in the best possible way.
Why Should You Manage Forex Risk Effectively?
To identify risk at each stage whether it pertains to identification, measurement monitoring or hedging. Define Forex Risk Appetite and Core Hedge ratio To improve the future cash flows.
Effective foreign exchange management means that you minimize losses with our team adopting the right hedging strategy. You can also enhance your credit rating in banks and external credit agencies.
So, let your organization's risk management function be in the hands of our experts and enjoy the benefits that come your way.

Smart Business Magazine.
A growing number of businesses have at least some, if not significant, association with overseas markets and, by extension, exposure to foreign exchange risk.
They may have customers internationally who seek to buy their products using local currency, suppliers located overseas invoicing in their own currency, satellite offices situated in foreign markets requiring local currency transactions or, in many cases, all of the above.
“Doing business overseas has inherent financial risks as you’ll be dealing with, in one fashion or another, currency translation between your home currency and currencies of the countries in which you operate,” says William R. Schumaker, vice president and foreign exchange advisor in International Banking at Bridge Bank.
It’s early, but 2015 has seen staggering currency volatility as international events, Central Bank pronouncements, disparate interest rate outlooks and monetary policy revisions have all contributed to currency fluctuations not seen in decades.
Currency volatility can have a severely adverse effect on a company’s bottom line, but it doesn’t need to.
Smart Business spoke with Schumaker about the keys to developing and executing an effective FX risk management policy.
What is an FX policy and why is it important?
An FX policy is a documented set of directives outlining organizational objectives, strategies and procedures with regard to managing currency risk. It should include exposure types to be managed, and tactics to be implemented to alleviate this risk, including specific financial instruments to be utilized.
You need a formalized approach to your risk management activities in order to avoid any sense of ambiguity or uncertainty when faced with FX decisions and to have a consistent blueprint from which to manage risk.
Changes in FX rates directly influence the overall costs and profitability for an organization relative to overseas business dealings. Failure to implement an FX risk management plan can leave your company exposed and ill-prepared to manage the effects of unfavorable currency moves.
What factors need to be considered prior to developing an FX policy?
Risk identification is paramount in importance, so it’s imperative to pinpoint which company transactions (present and future) pose potential FX risk. This could be payrolls, receivables, payables, foreign profits and taxes, or any number of operating expenses fundamental to international business.
After you’ve identified where your exposures lie, you must quantify them.
You cannot manage what you have not measured. Develop a forward-looking snapshot of fixed, and to the extent you are able, variable foreign items. Once appraised, the effects of potential unfavorable currency swings can be quantified, scenario analyses performed and a calculated perception of what negative effects of currency volatility can mean to your business going forward.
An FX policy needs a formal statement of objectives. Specific objectives for managing foreign exchange risks are certainly subjective and will vary from business to business.
The policy should, however, outline what the policy seeks to accomplish. Is the priority to minimize the costs of international payables/receivables? Is it to optimize profits from overseas business?
Other considerations may be to specify the time frame to apply to your plan (How far out should exposures be hedged?) and to establish precise hedging ratios.
Also, companies should determine what level of risk they are willing to accept as well as an outline of how risks are to be measured and what internal controls are to be instigated.
How much capital — financial, human and technology — is the firm willing to expend to execute its FX hedging program? The policy should also establish individual responsibilities for those directly involved in the hedging process and lines of reporting.
While general operating procedures within an organization can often be dynamic, having a clear-cut practice for managing currency risk will be beneficial as the organizational structure offered will provide clear guidelines that will bode well for the business over time. ●
Insights Banking & Finance is brought to you by Bridge Bank.
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Corporate forex risk management policy

The prime motive of corporate forex risk management is the protection of the underlying business from foreign exchange risk. It is that risk to the business which must be managed. Profit can never really be the prime motive for foreign exchange risk management in a corporate. There is really a very thin line dividing the objective of cost reduction or profit motive.
The first task in determining the most suitable system for managing foreign exchange exposures is to clarify corporate objectives in this area. The objectives generally outlined below form the base for strategies and technical models.
• Maintaining core cover to total exposures ratio, as per forecast of market conditions.
• Periodical evaluation of unhedged exposures.
• Market intelligence and identification of seasonal factors.
• Diversification of currency mix to reduce interest cost on foreign currency borrowings.
• Trading on non-dollar exposures to minimize the cross-currency risk and achieve better core rate.
• Identifying market opportunities and operate to derive invisible gains/opportunity benefits.
• Adopt appropriate hedging strategies to achieve lower interest cost on foreign currency loans.