From Ray Stannard of International Trade Financial Solutions
Check out the new website at http://www.inttradefinsolns.co.uk
Many of you will know that I carry on my website links to certain other businesses where I think that there may be benefits to anyone who uses my site. Although I have used some on a business basis, others provide services that I do not need, such as freight forwarding, so I cannot actually recommend them per se. However, I am happy to include them after having met with them and understood how they work and their approach to customer service. In all cases, though, to preserve my own impartiality, I always suggest that any client undertakes their own research to ensure that they are comfortable with the service/advice/price, etc. etc.
The list is not fixed in tablets of stone and names will be added/taken off from time to time; what is important is that they remain relevant and the list is kept to a manageable size. Feedback is always appreciated – both good and bad – from anyone who has used any of the suppliers that I list.
One area that I have not featured to date is that of FX providers – there are several reasons with which I will not bore you. However, I will shortly add a link to the website that will give access to real time indicative spot rates as well as a direct link to a FX provider where you can ask specific exchange rate related enquiries. Whilst the FX market is largely unregulated, i.e. not FSA covered, the giving of advice re future exchange rate trends, as well as the actual booking of contracts does have various safeguards. It is for this reason that ITFS looks at the overall policies and procedures that our clients have/should have in place with their overseas buying and selling, but does not provide the ultimate product service; instead we will refer to experts with proven links. I’m sure this new link will add a valuable service, especially to those who may just be monitoring the current rate. So, look out for it coming on the Home Page, lower left hand side, and let me know your thoughts.