Download - Commonwealth FX_Corporate Overview_2016
EMPOWERINGBUSINESSES TOGROW GLOBALLY Intelligent International Payment ProcessesPersonalized Risk Management Strategies
Since 1997, thousands of businesses have partnered with
Commonwealth FX to help send international payments
accurately and efficiently. As a trusted partner, we work with you
to determine comprehensive strategies and solutions for your
business and ensure that billions of dollars are moved around the
world in a cost effective and secure manner each year.
Our dedicated industry experts are committed to providing
premium service, transparent pricing, delivering operational and
cost efficiencies and keeping you informed and competitive in
the global marketplace.
Combining the latest technology and uncomplicated straight-
through payment processes, we help your business manage
cash flow and international transactions, whether sending or
receiving funds. We work with you to protect your bottom line by
mitigating risk against currency fluctuations.
With our industry-leading
service and customized
solutions, Commonwealth FX
simplifies the way you con-
nect with the global market-
place, allowing you to focus
on building your business,
while driving efficiencies in
your day to day operations
INTERNATIONAL PAYMENTS
OUTGOING PAYMENTSOur payment solutions provide your business with streamlined
methods for processing outgoing transactions to over 120+
countries and territories, and in more than 115 currencies. We
deliver payments quickly and accurately to ensure your business
credibility remains intact with your beneficiaries.
Manage thousands of transactions at a time with enhanced
secure file transfer capabilities and custom solutions for large
volumes.
INCOMING PAYMENTSOur incoming payments solution allows your business to receive
international payments without the hassle of overseas accounts.
The process gives you transparency into the incoming payment
and trust that it has been received successfully.
This ensures effective reconciliation for accounts receivable and
allows for the option to hold foreign funds with our FX Holding
Accounts(available in select currencies only) or convert them
to U.S. dollars based on current market conditions and your
business requirements.
Products may not be available in all states or to all customers. Product availability may be subject
to approval. Certain conditions and restrictions apply. Please speak with an Account Executive.
GOAL: GREATER CASH FLOW
STRONGER BOTTOM LINE
RISK MANAGEMENT SOLUTIONS
Commonwealth FX’s risk management strategies and hedging
tools can help mitigate your company’s currency risk. Each
step of the way, we encourage you to leverage our years of
experience and broad industry knowledge of risk management
solutions to support your international business strategy.
1 While forward contracts are designed to minimize risk, they do not eliminate risk, and they may not
be appropriate for every customer or every situation. Commonwealth is not acting as your financial
advisor or fiduciary with respect to any foreign exchange transaction. Before entering into any foreign
exchange transaction with us, you should consult with a financial, legal and/or tax advisor to ensure you
understand the transaction and have assessed the appropriateness of the transaction for your situation,
including any risks and benefits involved.
DEVELOPING A RISK MANAGEMENT PROGRAMCommonwealth FX will help you plan and implement an
appropriate risk management policy designed to meet your
business requirements and protect your profits.
FORWARD CONTRACTS help minimize your exposure to
volatile currency exchange rates and accurately project revenue
and expenses.1
STANDING ORDERS are a tool that allows you to target an
exchange rate and convert a set amount of foreign currency
once the market reaches the target rate.
Amount of foreign currency
Length ofexposure
Potential fluctuation
Cash flowsensitivity
Market view
Exposure certainty (volume/timeframe)
Seamlesslyenter into new transactionswith less risk
IDENTIFY/QUANTIFY
RISK
SELECT HEDGING
TOOLS
INTEGRATERISK
MANAGEMENT PROGRAM
WITH COMPANY BUDGET/PLANNING
POLICIES
We monitor
global markets,
while you focus
on your core
business.
INSIGHTFUL BUSINESS DECISIONS
Commonwealth FX keeps you apprised of daily market movements that
could impact purchasing decisions. We translate complex global economic
situations into understandable and actionable insights for your business.
Commonwealth FX’s analysis is regularly featured in publications such as
the Wall Street Journal, Bloomberg, Reuters and the BBC.
OUR COMMITMENT TO COMPLIANCE
Commonwealth FX is federally registered and held to the highest standards
regarding capital requirements, adherence to USA PATRIOT Act regulations
and internal control systems.
Registered with FinCEN, a division of the Department of the Treasury,
Commonwealth is held accountable and undergoes a comprehensive
process to confirm our compliance with regulatory and AML requirements.
In accordance with our worldwide economic principles and processes,
Commonwealth FX is routinely audited and monitored.
Commonwealth also holds Money Transmitter licenses through State
banking and financial services regulatory agencies. We are subject to
oversight and routine audits from these state regulatory agencies.
Independent audits are performed annually for Bank Secrecy Act
compliance.
Commonwealth FX financials are audited annually by a reputable,
international CPA firm.
© 2016. Commonwealth Foreign Exchange Inc. All Rights Reserved.
The information contained in this document is for informational purposes only. The contents of this document should not be regarded as a recommendation or offer to buy or sell, or a solicitation of an offer to buy or sell financial products or services.
Nothing in this document should be considered personalized financial, investment, legal, tax or other advice. The financial products discussed in this document can be subject to substantial risk of loss and may not be suitable for everyone. Market participants must carefully make their own decisions based upon their specific objectives and financial positions.
The opinions expressed in this document are based on public information available at the time of writing, and are subject to change without notice based on changing conditions. The information, research, and opinions contained here have been obtained or derived from sources believed to be reliable, but we cannot guarantee their accuracy and completeness. Please conduct your own research and due diligence, and seek the advice of a qualified professional before you purchase any financial products or services.
Dun & Bradstreet D-U-N-S® Number: 79987-7295
Banking License Numbers: 98000838MT and 98000837SC
1-800-239-2389 [email protected] For more information, please visit us online at www.commonwealthfx.com
DRIVING GLOBAL BUSINESS EFFICIENCIES WITH DEDICATED PAYMENT EXPERTISE Personalized and Market Experienced Client Services
International Payment & FX Solutions
Global Payment Process Efficiencies
Cash and Risk Management Strategies
Online FX Payments
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