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Ebury Partners
As a currency exchange specialist, Ebury Partners is able to deliver a first-class service in several key areas. These are:
Value:
Our tailored strategies and experienced Consultants mean that we can offer exchange rates that you simply won’t find on the high street. This translates into savings of up to 4%.
Personal:
We offer the same technology and Consultants to our Private Clients as we do for our Corporate Clients. They will keep your circumstances and needs at the forefront of their minds, looking to save you money whenever they can.
Expertise:
Our team has been hand-picked based on their experience and skill in foreign exchange. We monitor the markets on a constant basis, primed to take advantage of any movement.
Safety:
The foreign exchange market is always active, and a single change can result in a significant amount of money being saved or lost. Ebury Partners offers all manner of risk management strategies so you know exactly what you’re going to get and when.
Trust:
All client accounts are segregated from our business accounts as per FSA regulations. Transparency is evident at every stage of the process, and our robust system means you can be confident that your money will arrive as planned.
Ebury Partners is based in Victoria, London.
Ebury Partners
| Information | |
|---|---|
| Margin | 0.1 to 0.6% depending on volume |
| Financial service authority Regulated | YES |
| HM revenue & Customs Regulated | YES |
| Fee | £10 on amounts below £5,000 |
| Minimum transaction | £1,000 |
| Trust account | Barclays |
| Transfer options | Spot, Forward |
| Currencies | 51 Currencies |
Forward Contracts:
A Forward Contract is a tool that allows you to purchase a currency for delivery at a later date at current market rates, so if you think a currency will move out of your favour you can mitigate your risk. All that’s required is a deposit - typically 10% - with the remaining amount paid upon delivery, leaving your cash flow relatively intact.
A common scenario would be somebody wishing to buy a house a year in the future.
For example, before the credit crunch you could purchase 1.55 euros for the pound. Afterwards, you would receive 1.1 euros for the pound, an increase of roughly 40% on the price of any property you would be buying in euros.
We also offer stop loss orders, which is where you detail a specific rate you will go no lower than, rate-tracking services, where a consultant will alert you as to any large market changes and alerts and explanations to data releases that may have an effect on a currency’s worth.
Regular Payments
• Pensions
• Mortgages
• School fees
• Salary transfers
• Property Maintenance
Ebury Partners can set up a fully-automated regular payment plan that will ensure that your funds reach their destination without error. You will also benefit from much better rates than those you will have been dealing with at your bank and cut further administration out of your life.
Opening procedures for non-UK nationals/overseas clients
Overseas clients will need to send documentation for our compliance check procedure, usually consisting of photo ID in the form of a passport or driving licence and a utility bill addressed for no longer than 3 months. However, each case will be dealt with on an individual basis and we will advise accordingly.
Security of Client Funds
All of our client funds are held in segregated accounts with Barclays, ensuring that your funds are always safe with us.
Ebury Partners is also licensed and regulated by HRMC as a Money Services Business (MSB). License Number 12570621. We are regulated by the Financial Services Authority under the Payment Services Registrations 2009 (Reg. No. 514178) for the provision of payment services. We are also registered with the Data Protection Act, Registration Number
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