Andy was using his FX provider to pay his suppliers, not realising there may be a more cost effective solution.
Sally entered into a forward exchange contract* to convert her GBP to Euro. This helped eliminate exchange rate risk and provided piece of mind that the contracted price would hold.
*Forward Contracts may or may not require a deposit dependent upon your facility agreement.
May has over 33 years in the offshore finance industry. Prior to joining MFX she worked predominately in the banking industry within various treasury and foreign exchanges positions at Anglo Irish Bank, Royal Bank of Scotland International and Lloyds Bank International. May brings a wealth of foreign exchange and relationship management knowledge to the team.
Douglas has over 30 years’ experience in finance. Prior to joining Manx Financial Group PLC in 2014, he was Finance Director of various Isle of Man private sector companies and has extensive capital markets experience. His participation adds a wealth of experience and governance to MFX Limited, aligning the company with the policies and standards maintained by the group.
David joined MFX Limited in July 2018 as our Business Development Manager. His 13 years of offshore banking experience with Lloyds Bank International has given him a keen understanding of the FX industry which he applies to his role looking after a varied portfolio of prospects. His role is to help prospects understand the range of benefits that MFX solutions can offer.
John has over 20 years’ experience in financial and professional services. During that time he held senior positions with both HSBC and Coutts & Co. In 2010, John set up his own consultancy business and held Board positions of two pension companies. John joined the team as Business Development Manager in 2021 and his knowledge of the local fiduciary industry will compliment and strengthen the team.
Niall has over 20 years offshore banking experience in Jersey and the Isle of Man with AIB Bank and Bank of Ireland. More recently, he has run commercial teams working closely with the finance and e-gaming sectors. As a Senior Relationship Director, he specialises in providing cash management, payment and foreign exchange solutions to corporate and private clients.