An international company was unable to obtain cost-effective FX payment processing or personalized service from its multi-national bank for routine foreign exchange payments.
• Through GPS’s free audit, experts created a mechanism to more effectively execute wire transfers
• GPS formed a dedicated team to transact the company’s foreign exchange payments in a personalized and calculated manner
• Annual savings exceeded $240,000
• Personalized service from GPS’s foreign currency exchange experts
A U.S. company was transferring over $1 million weekly to its Mexico manufacturing facility and was exposed to adverse FX currency fluctuations.
• GPS implemented a layered hedging strategy that enabled the client to recognize a 4% discount on its average weekly SPOT price
• GPS executed Forward Xtras® to capture the upside of currency fluctuations while eliminating the SPOT rate risk for the client
• Annual savings exceeded $3 million
• Eliminated downside risk created by currency fluctuations
An international company was unable to obtain cost-effective FX payment processing or personalized service from its multi-national bank for routine foreign exchange payments.
• Through GPS’s free audit, experts created a mechanism to more effectively execute wire transfers
• GPS formed a dedicated team to transact the company’s foreign exchange payments in a personalized and calculated manner
• Annual savings exceeded $240,000
• Personalized service from GPS’s foreign currency exchange experts