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EU Referendum: Information About your Currency Payments

June 20, 2016 3:44 pm Published by

A message from FTT Global’s Director, Noel Goddard:

As you will be aware, this week the United Kingdom is voting on whether to remain or leave the European Union.

I think it is fair to say that no-one is willing to predict the outcome of this vote, nor the aftermath of the decision, regardless of whether we stay or leave.

Such unpredictability is causing significant volatility in the currency markets and at such times, it makes sense to take steps to protect your business from this uncertainty.

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FTT Global will continue to support our clients in accessing the best rates in the market. Only during the evening of Thursday 23rd June, we will be suspending any new transactions being booked. This is in response to the wider FX market also introducing suspension of pricing.

We will reinstate our full service on Friday 24th June as soon as a clear outcome has been announced. This will be at around 9am but there may be a small additional delay due to vote counting.

At no time will this delay impact your existing transactions and payments. Nor will any funds being processed with us be affected in any way.

Please do not hesitate to contact the Team if you have specific questions or would like any advice on your currency requirements. We’re available on [email protected] or by telephone on +44(0) 203 603 8940.

Many thanks,

Noel Goddard

Managing Director, FTT Global Ltd.

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This post was written by Kayleigh Driscoll

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