A blog post of two halves. What does holding your own currency account mean when it comes to the rates of exchange you can expect from your banking provider? Frankly - absolutely nothing. Unless you negotiate and push in precisely the same way as you might were you only operating with a GBP account and sending funds abroad you'll find yourself and your currency exchange margins no more favourable. We wouldn't advise you to avail yourselves of your own foreign currency account

Our client is an executive at one of the worlds top accountancy firms. He and his fiance plan on marrying abroad. Since March of 2014 they have been drip-feeding sterling into a euro account they hold with Lloyds bank. The rate being good or bad doesn't really have too much of an effect on whether they convert, although they are in touch more so when sterling is stronger because, well, why not? They need to convert regardless of where the market sits because they obviously

Whether a purveyor of ceramics, glass, brass, chrome or brushed steel, selling directly to retail customers or buying product wholesale, the principles of good currency practise apply across the board and #KBB is no different. You want an easy and intuitive process? Absolutely the most competitive rate of exchange? Point of sale insight and advice? Flexibility on forward buying terms? Speedy settlement that communicates with both you and your supplier? Luckily for you, Prime

Whilst the bulk of our work with businesses focusses on introducing improved functions and lower margins on rates to owner managed firms where change can be actioned quickly and without disruption to day to day business, many companies overlook the simplicity with which they can incorporate our work in to their operations. The UK arm of a foreign owned business will likely benefit from our services by as much if not more than an independently owned enterprise. With your own b

At Prime Cap we refer to 'Currency Cards', such as they are and amongst other things, as aspects of a 'cash access' solution. We advocate their use for a variety of foreign exchange scenarios and for that reason and, because of the extensive research we have conducted into this market. So, are they worth it? It depends what you want to achieve. Their premise, in the purest form, is simple - to 'load up' a standalone card with a foreign currency. You're putting a defined amo

Our client is an executive at one of the worlds top accountancy firms. He and his fiance plan on marrying abroad. Since March of 2014 they have been drip-feeding sterling into a euro account they hold with Lloyds bank. The rate being good or bad doesn't really have too much of an effect on whether they convert, although they are in touch more so when sterling is stronger because, well, why not? They need to convert regardless of where the market sits because they obviously