unlock your international potential with kwanji
TRANSCRIPT
UNLOCK YOUR INTERNATIONAL POTENTIAL WITH KWANJI
International trade and paymentsbeyond borders
The current state of international trade comes with a mass of administrative and managerial input. Conducting trade to and from Africa without unnecessary disorder is becoming a near impossible task for businesses, and includes extortionate interest and commission rates on global payments.
Using the Kwanji platform overcomes these obstacles and helps small to medium-sized businesses to get the most out of their money, while helping them unlock the potential for new business lines, new trading partners and new markets.
INTERNATIONAL PAYMENTS BACKGROUND
THE KWANJI VISIONWe aim to become the service provider of choice for any small to medium-sized
businesses who want to transact internationally by off ering them fast, easy access and choice to conduct global transactions irrespective of their
geographic location, from developed to frontier and emerging markets.
KWANJI IS FOR ALL SECTORS, INCLUDING YOURS
A quick overview of our current clients:
Industries
Manufacturing Agribusiness
MiningFMCG
AccountancySME’s
AutomotivePharmaceutical
Technology and more
Client Database
820Averaging
20% month on month growth
Benefi ting from a wealth of insights across traditional and emerging markets that include regions within Africa, Asia, and Latin America.
Kwanji off ers direct access to 160 currencies in over 80 countries and integrates with leading fi nancial providers, thus providing businesses with the choice and fl exibility to make and receive international payments from everywhere around the world including Africa.
OUR FOCUS IS TO UNLOCK GLOBAL TRADE & GLOBAL COMMERCIAL PAYMENTS WORTH $12 TRILLION
THE KWANJI PROPOSITION
We provides small to medium size businesses with fast and easy access to the best possible
exchange rates by connecting them to a global network of leading FX brokers.
• Free to register and no hidden fee• Register only once & transact as many times as you want• No ongoing complex forms to fi ll• Timely payment delivery
An innovative global trade comparison platform signifi cantly cheaper than your bank FX fees and alternative payment providers such as Western Union and Paypal.
WE TAKE YOUR SECURITY SERIOUSLY
Kwanji works seamlessly with a panel of 3rd party FX partners all headquartered in the UK and regulated by the UK Financial Conduct Authority (FCA) and local regulators where necessary.
All transaction and funds handling is carried out by the regulated FX partner, who hold accounts with top tier banks and ensure client funds are always fully segregated (separate) from their own business funds.
How are our FX partners regulated?Security is tightly managed within the forex market, and it’s a subject that you need to be fully aware of when making a decision on how to trade.
Your bank will be regulated by the Financial Conduct Authority (FCA) or local equivalent. The Financial Conduct Authority (FCA) is an independent body, a single regulator of all fi nancial services providers in the UK that regulates most fi nancial markets. It oversees not only the markets themselves, but sets the standards that must be met for exchanges and fi rms and can take action against bodies that fail to meet the required standards.
“The UK is one of the most tightly regulated fi nancial environments worldwide”
Forex providers regulated by the FCA have to meet a number of industry requirements and standards, the most important of these being the protections around how clients’ funds are held. Client funds have to be kept separately from any company funds for obvious reasons which means that they cannot be treated as company assets in the case of insolvency. You can check out our fx partner’s regulatory clearances by checking them out on the FCA register here: http://www.fsa.gov.uk/register/fi rmSearchForm.do
Kwanji understands that saving money isn’t everything, and knowing that your money is secure is just as important.
BROKER SECURITY EXAMPLE – GRP
About Global Reach Partners Ltd.Established in 2001, Global Reach Partners Ltd provides clients with access to over 130 major and local market currencies.
Global Reach Partners Ltd is a registered Money Service Business (MSB) regulated by Her Majesty’s Revenue & Customs and as an authorised intermediary, meeting stringent financial criteria designed specifically to protect client funds. Global Reach Partners Ltd. are also supervised and authorised by the Financial Conduct Authority under the Payment Services Directive 2009. This means that they comply with a host of regulatory requirements, including ensuring they are adequately capitalised in the unlikely event of a wind down.
Global Reach Partners Ltd client's trading agreement stipulates:
We shall place all sums received from you into a bank account held by us as agent for you (the “Transaction Account”). We confirm that all money standing to the credit of the Transaction Account is held by us as agent and we are not entitled to combine the account with any of our other accounts or to exercise any right of set-off or counterclaim against money in that account.
G l o b a l R e a c h P a r t n e r s L t d i s a c o m p a n y r e g i s t e r e d i n E n g l a n d u n d e r r e g i s t r a t i o n n u m b e r 4 3 4 4 7 6 4 a n d i s a u t h o r i s e d a n d r e g u l a t e d b y t h e F i n a n c i a l C o n d u c t A u t h o r i t y ( F C A ) f o r t h e p r o v i s i o n o f p a y m e n t s e r v i c e s ( F i r m R e f e r e n c e N u m b e r 5 0 4 3 1 5 ) .
G l o b a l R e a c h P a r t n e r s L t d i s a m e m b e r o f t h e W o r l d w i d e I n t e r b a n k T e l e c o m m u n i c a t i o n S W I F T c o d e G R P L G B 2 L .
U n d e r t h e D a t a P r o t e c t i o n A c t ( D P A ) 1 9 9 8 G l o b a l R e a c h P a r t n e r s L t d a r e r e g i s t e r e d w i t h t h e I n f o r m a t i o n C o m m i s s i o n e r ' s o f f i c e N o . Z 6 4 1 1 1 3 6 .
globalreachpartners
Capital Adequacy: Global Reach Partners Ltd. complies with the Capital Adequacy guidelines as outlined and determined by periodic review from the FCA
Security of Funds: All Global Reach Partners Ltd. client funds are held in audited segregated accounts held by Barclays Bank Plc and Lloyds Bank Plc, entirely separate from company operating accounts
Risk & Compliance: Global Reach Partners Ltd. complies with strict governance surrounding the application of prudent risk management, auditing and compliance as outlined by the FCA
Be part of the greatestchange in world
Kwanji – A fast, reliable and secure way of making payments overseas with no fuss and excellent rates.
Business Council for Africa
Kwanji has been a great addition to our off ering, by enabling us to send more products whilst saving our clients money too. Their platform has proven to be very secure and we have been able to track our money from start to fi nish.
Peakscale
Raising money for prisoners is not the easiest job in the world, and so we found it hard to take when so much of our hard won cash was swallowed up in bank charges. Kwanji has really helped us deal with this problem and overthe course of a year will save us enough money to stock a prison library with books.
Jonathan PriceTreasurer African Prisons UK (payments to Uganda)
Given all our raw materials come from abroad and we pay in multiple currencies, we need to remain focused on minimising our FX exposure and associated costs. Kwanji has been a breath of fresh air to help us achieve this, not only can we now save money on transactions but also execute multiple payments in realtime all in one place.
Old Tuff nel
Our clients send money to over 160 currencies and over 80 countries including 60+ African countries!
AfricaAlgeriaAngolaBeninBotswanaBritish Indian OceanTerritoryBurkina FasoBurundiCameroonCape VerdeCentral African RepublicChadComorosCongo DemocraticRepublicDjiboutiEgyptEquatorial GuineaEritreaEthiopiaGabonGambiaGhanaGuineaGuinea BissauIvory CoastKenyaLesothoLiberiaLibyaMadagascarMalawiMali
MauritaniaMauritiusMayotteMoroccoMozambiqueNamibiaNigerNigeriaRepublic of CongoRwandaReunionSaint HelenaAscension andTristan da CunhaSenegalSeychellesSierra LeoneSomaliaSouth AfricaSouth SudanSwazilandSao Tome andPrincipeTanzaniaTogoTunisiaUgandaWestern SaharaZambiaZimbabwe
EuropeAland IslandsAlbania
AndorraAustriaBelarusBelgiumBosnia and HerzegovinaBulgariaCroatiaCyprusCzech RepublicDenmarkEstoniaFaroe IslandsFinlandFranceGermanyGibraltarGreeceGuernseyHungaryIcelandIrelandIsle of ManItalyJerseyKosovoLatviaLiechtensteinLithuaniaLuxembourgMacedoniaMaltaMoldovaMonacoMontenegro
NetherlandsNorwayPolandPortugalRomaniaRussiaSan MarinoSerbiaSlovakiaSloveniaSpainSvalbard and JanMayenSwedenSwitzerlandUkraineUnited KingdomVatican City
AmericasAnguillaAntigua andBarbudaArgentinaArubaBahamasBarbadosBelizeBermudaBoliviaBrazilBritish VirginIslandsCanada
Cayman IslandsChileColombiaCosta RicaCubaDominicaDominicanRepublicEcuadorEl SalvadorFalkland IslandsFrench GuianaGreenlandGrenadaGuadeloupeGuatemalaGuyanaHaitiHondurasJamaicaMartiniqueMexicoMontserratNetherlandsAntillesNicaraguaPanamaParaguayPeruPuerto RicoSaint BarthelemySaint Kitts & NevisSaint LuciaSaint Martin
Saint Pierre andMiquelonSaint Vincent and theGrenadinesSurinameTrinidad and TobagoTurks and Caicos IslandsU.S. Virgin IslandsUnited StatesUruguayVenezuela
Middle EastOmanSaudi ArabiaUAE
AsiaBahrainChinaHong KongIndonesiaIsraelJapanKuwaitMalaysiaMaldivesPhilippinesQatarSingaporeSouth KoreaSri LankaTaiwanThailand
OceaniaAmerica SamoaAustraliaChristmas IslandCocos IslandsCook IslandsFijiFrench PolynesiaGuamKiribatiMarshall IslandsMicronesiaNauruNew CaledoniaNew ZealandNiueNorfolk IslandsNorthern Mariana IslandsPalauPapua New GuineaPitcairn IslandsSamoaSolomon IslandsTokelauTongaTuvaluVanuatuWallis and Futuna
Our clients can receive money from 31 African countries and over 60 others
EuropeAlbaniaAustriaBelgiumBulgariaCroatiaCyprusCzech RepublicDenmarkEstoniaFinlandFranceGermanyGreeceHungaryIcelandIrelandItalyLatviaLiechtensteinLithuaniaLuxembourgMaltaMoroccoNetherlandsNorway
PolandPortugalRomaniaSlovakiaSloveniaSpainSwedenSwitzerlandUnited Kingdom
AfricaBeninBurkina FasoCameroonCentral African RepublicChadCongo BrazzavilleCongo DemocraticRepublicEquatorial GuineaGabonGuinea BissauIvory CoastKenyaMaliNigerNigeriaRwandaSenegalSierra LeoneSouth AfricaSudanTanzaniaTogoUgandaZambia
AmericasJamaicaMexicoCanadaUnited StatesChileColombiaPeru
AsiaChina (Mainland)Fiji Hong KongIndonesiaMalaysiaPhilippines SingaporeSouth KoreaTaiwanThailand
Middle EastBahrainIsraelKuwaitOmanQatar Saudi ArabiaUAE
AustralasiaAustraliaNew Zealand
How many businesses and customers do you know who can benefi t from using Kwanji?
Bottom line is everything to you and your customer. So, why not help other businesses you know become more effi cient?
Invite a contact and within seconds and they’ll benefi t from the same great savings.
To say thanks for spreading the message, we’ll pass on 20% of our commission to you.
Find out more, visit: kwanji.com/recommend
Don’t forget to visit us online too:
+44 (0)7929 350280
amit.k.khosla1
www.kwanji.com
www.facebook.com/unlockKw anji
www.twitter.com/KwanjiX
www.linkedin.com/company/kwanji
Dr. Amit KhoslaPrincipal Business Consultant - East & Central Africa