New Moneycorp Customer

Smith Brothers Contracting Ltd

 

I was introduced to Moneycorp less than two months ago following the announcement of the opening of their Leeds office.

We have recently entered into supply agreements with a number of overseas manufacturers and the need for an FX partner was required. I requested Moneycorp to pay me a visit and explain to me what they could provide to fulfil this requirement.

Andy Dobson, who heads their Leeds office was quick to respond and has subsequently demonstrated that this ‘quick to respond’ was just not for the sake of a sales lead. The presentation he gave was professional, overarching and yet in sufficient detail both in the supply of information and the response to my questions that he quickly convinced me he knew what he was talking about.

The process to sign up with Moneycorp was straight forward and within a few days we entered into our first transaction which delivered £20,000 extra profit over a comparative quote from our high street bank. Subsequently we have bought forward and delivered further FX profits into the business. I get regular emails from Andy informing me of FX news and we are about to enter into a number of forward order contracts to cover our exposure during 2019.

Subsequent meetings with Andy have introduced us to a number of scenarios for protecting the company against its FX exposure, without requiring a degree in algorithmic mathematics to understand the options available to us, a result of his clear and precise way of explaining a complex issue in simple terms.

Moneycorp are moving from supplier of an FX service to an FX partner and this is due to the time and effort Andy Dobson invests in understanding our business and our FX needs.

Richard A King FCA, Finance Director, Smith Brothers Contracting Ltd

 

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Why use Moneycorp?

“…our first transaction delivered £20,000 extra profit over a comparative quote from our high street bank.”

Richard A King FCA, Finance Director, Smith Brothers Contracting Ltd