Business foreign exchange

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Business

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A bit of

background

If your company trades internationally, you are more than likely

to make or receive international payments. We provide tailored

services to help companies manage this process – and to make the

most of their funds.

We are also authorised and regulated by the FSA and have excellent ratings from D&B, Equifax, Graydon and other credit agencies, which means that you can be confident that your money will be secure.

We offer a number of services, ranging from simple one-off payment solutions to high-level risk management strategies. Security, reliability and speed come as standard.

How we like

to do business

We work with organisations of all sizes, across a range of

industries. And we tailor our services accordingly.

If you decide to use Moneycorp, you will be assigned a dedicated Dealer – who will get to know your business inside out. They will work closely with you to manage your foreign exchange requirements, ensuring that our solutions always remain in line with your objectives.

Expert knowledge

With the guidance of your Dealer, you’ll be able to make better-informed trading decisions. We’ll help you protect your business from the risks associated with foreign exchange, as well as take advantage of favourable rate movements when it suits you.

Great exchange rates

We specialise in foreign exchange and our buying power means we can offer you better exchange rates than a high street bank.

Better access

We operate extended office hours and our online trading services are available whenever the markets are open. That means your company can trade when it needs to – and your account management team is only a phone call away if you have a question or need any help.

No unnecessary costs

Our transfer fees are some of the lowest around, so you can make further savings with Moneycorp.

As a charitable

organisation, we need

to ensure that our

international payments

are made in the most

cost-effective manner.

Moneycorp offers

significant savings on

both the exchange rate

and transfer fees, which

means that more

money gets to where

it is needed most. A

friendly and efficient

service, coupled with a

genuine understanding

of our needs makes

Moneycorp a great

business partner to

work with.

CAre

InternAtIonAl

UK

When trading in a

market as volatile as

foreign exchange, it’s

absolutely necessary

to receive the most

comprehensive

information possible.

The expert guidance

that we receive from

our personal Dealer

has allowed us to

take advantage of

fluctuations in the

euro, ensuring that we

get the best exchange

rates available.

e. A. CArey

(eUrope) ltd

03

Foreign exchange for your business

Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan

1987 1986 1985 230 220 210 200 190 180 170 160 150

1987 1986

1985

22 September 1985

G5 agreement sparks 2-year dollar slide

¥244/$ – ¥132/$ (85%) over a period of 26 months.

22

2

16

14

18 00 29

230 220 210 200 190 180 170 160

Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Jan 1987 1986

1985

Market Snapshots

Currency markets are constantly on the move, and trading at the

right time (in the right way) can make a real difference to your

bottom line.

Market Snapshots are featured throughout this brochure as a reminder of just how volatile exchange rates can be... Where were you at the time? And how did your business react?

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Where we can help

Your business is unique. So are your foreign exchange

requirements. That’s why we offer everything from spot trading

services to risk management advice...

Foreign exchange and basic international payments

You can call us or go online to arrange a straightforward transfer. If you need to complete multiple trades, talk to us about your overall business requirements and we’ll work out the best solution going forward.

FX risk management

We can help you develop (and implement) foreign exchange hedging strategies in line with your ongoing trading activities. Our expert Dealers will monitor the currency markets for you, keeping you updated on what you need to know – when you need to know it. They’ll provide specialist guidance and help you decide which of our foreign exchange products will suit your business best.

FRM consultancy services

Market volatility means increased risks, but it also means new opportunities. Moneycorp Financial Risk Management Ltd (Moneycorp FRM) can help you identify the potential benefits of market movements – as well as plan for the possible pitfalls. This is a fee-based consultancy service, where the cost is dependent on your specific requirements. Our advice will always remain impartial and objective, and we will always respect your existing banking relationships.

Having worked

with Moneycorp

for over six years, the

support and personal

service we receive is

second to none. Their

expert knowledge of

the currency markets

has consistently helped

us minimise the risk

that can be involved

when trading foreign

exchange.

GIAnt UK ltd

1987 1.66 1.64 1.62 1.60 1.58 1.56 1.54 1.52

1987 1986

1985

Feb 6 Feb 13 Feb 20 Feb 27 Mar 9 Mar 16 Mar 23 Mar 31 Apr 8 Apr 15 Apr 22 Apr 30 2 February 1987

G6 agreement to stop the dollar’s slide proves ineffective

$1.52 – $1.69 (11%) against the pound over a period of three months.

22

2

16

14

18 00 29

1992 2.7500 2.7000 2.6500 2.6000 2.5500 2.5000 2.4500 2.4000

1985

9/16 9/17 9/18 9/21 9/22 9/23 9/24 9/25 9/28 9/29 9/30 10/1 10/2 10/5 10/6 16 September 1992

Britain pulls out of European Exchange Rate Mechanism (ERM)

DM2.70 – DM2.40 (12%) over a period of three weeks.

22

2

16

14

18 00 29

Face to face, over the phone –

or at the touch of a button

Whether you like to do things online or you prefer the reassurance

of speaking to a member of our team, we’ll do our best to create

the right trading experience for you. You can even visit our trading

floor if you want to get a better idea of how things work.

Online

Quick. Easy. And cost-effective. Our web-based system Moneycorp Online has been designed to save your business time and money. A user-friendly interface allows you to make payments and hold balances in multiple currencies, execute foreign exchange deals at competitive rates and manage your recipient details – all at the touch of a button. The system is particularly useful if you need to make large numbers of transactions or pay multiple recipients.

www.moneycorp.com

Over the phone

It’s good to talk. So if you decide to give us a call, you’ll get straight through to a friendly, well-informed professional. Our staff have years of experience in corporate foreign exchange and they’re used to working with businesses of all shapes and sizes.

+44 (0)20 7823 7400

We employ dealers

who are Members

of the Society of

technical Analysts (MStAs)

and our Account Managers

are experienced traders.

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We specialise in worldwide payments and understand

the complexities of moving money overseas – so we

can help you avoid delays and unnecessary costs.

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2000 0.8800 0.8700 0.8600 0.8500 0.8400 0.8300

1985

9/29 10/9 10/16 10/23 10/31 11/8 11/15 September – November 2000

Eurozone Central Bank intervention

Support for undervalued euro proves ineffective. 0.883/$ – 0.863/$ (2%) over a period of five weeks.

22

2

16

14

18 00 29

products

Spot contract

A Moneycorp spot contract allows you to ‘fix’ an exchange rate and apply it to a money transfer that you want to make within ten working days. There is no need for a deposit, but settlement of funds must take place before the currency is due to be paid out. Spot contracts are therefore suitable for businesses that need to make a payment quickly and are looking for the most competitive rate available.

Forward contract

This type of contract allows you to fix an exchange rate and apply it to a money transfer which you are planning to make in the future (up to two years ahead). You can do this even if you don’t have all of the funds available at the time you book the trade. Forward contracts are suitable for businesses looking to protect themselves against adverse rate movements, as well as those that want to fix a rate that they see as particularly favourable.

Limit order

This allows you to set a target exchange rate at which, if achieved, you will buy (or sell) your currency. Limit orders are useful if you have upcoming payments but are not restricted by tight deadlines and therefore have time to try and achieve a better exchange rate.

* Foreign exchange options are not pure protection insurance policies or general insurance policies as defined by the Financial Services Authority.

Stop loss order

This allows you to set a ‘worst case’ exchange rate at which, if achieved, you will buy (or sell) your currency. Stop loss and limit orders are often run together. This enables companies with no particular time restrictions to aim for a favourable exchange rate, whilst ensuring that, should the markets turn against them, they don’t lose out. (At the moment your stop loss or limit order is triggered, the other is immediately cancelled.)

Typically an ‘option’ is a contract that gives you the right – but not the obligation – to exchange money at a pre-agreed exchange rate on a future date (both specified by you). You are not obliged to deal at the pre-specified rate and can choose to deal in the spot market if the spot rate in the future is more favourable. However, for the extra flexibility that foreign exchange options can provide, there is a cost to purchase these contracts in the form of an up-front premium. This premium is

non-recoverable.

In many ways, simple (‘vanilla’) options act like an insurance policy* – you pay a premium to provide a ‘worst case rate’ (the strike rate of

the option) but you have unlimited upside if exchange rates move in your favour. Foreign exchange options can be taken out on any major currency for a period of anywhere between one week and two years.

Foreign exchange options and other derivative products are not suitable for everyone and you should ensure you fully understand the risks involved before purchasing these products. Moneycorp Financial Risk Management Ltd is authorised and regulated by the Financial Services Authority for the conduct of designated investment business. For more information on options please contact us.

Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec

2008 2007 1.4500 1.4000 1.3500 1.3000 1.2500 1.2000 1.1500

1987 1986

1985

14 September 2007

Northern Rock collapse and banking crisis sparks GBP crash

€1.26 – €1.02 (19%) over a period of two months at the end of 2008.

22

2

16

14

18 00 29

Call us to find out more about opening

an Account: +44 (0)20 7823 7400

Or visit

www.moneycorp.com

We offer a range of products to help you manage your foreign

exchange exposure. Some of the most popular ones are

outlined below...

Options Provided by Moneycorp Financial Risk Management Ltd (Moneycorp FRM) part of the Moneycorp Group

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Making a payment – the basics

Open a free, no-obligation Account with us by registering your details online, or by calling the team on +44 (0)20 7823 7400.

Discuss your requirements with your personal Dealer. They will be able to provide latest exchange rates and will talk you through the choices available.

If you are happy with the exchange rate and type of contract offered, you can agree and book your trade verbally.

You will receive confirmation of your trade (a Contract Summary) and you will need to provide details of the beneficiary who will be receiving the foreign currency.

Send your funds to the Moneycorp client account, so that they arrive on or before the agreed date when the currency is due to be paid out. Once your funds have cleared, we will then send the foreign currency to your beneficiary (by SWIFT) on the agreed date.

What are the costs involved?

Opening an Account with Moneycorp is free. We don’t charge commission and we provide free access to specialist market information. There is a nominal transfer fee each time you complete a trade (but it will normally be cheaper than using a bank). For specialist services like Moneycorp FRM, costs will vary, depending on your specific requirements.

How can I track the progress of my payments?

You can check online – anytime, day or night. Alternatively, you can call us on

+44 (0)20 7823 7400. We’re available 7:30am – 6pm (UK Time),

Monday to Friday.

How do I transfer my funds to Moneycorp?

You can send us your money by making an electronic transfer to our designated client account. You will need to ensure that funds reach this account before your currency is due to be paid out. We will provide you with all the necessary details when we confirm your trade.

Will my payment reach my supplier/ beneficiary on time?

Yes, as long as you transfer your money to us in time – so that it reaches our account before the currency is due to be paid out. Payment delivery times vary according to currency, but it is possible to achieve same-day delivery for sterling, euro, US dollar and Canadian dollar payments.

What market information does Moneycorp provide?

Our qualified Dealers gather accurate, up-to-the minute information, from a range of sources – including banks, research organisations, independent forecasters and other economic institutions. And they’ll provide you with as much or as little information as you want.

FAQs

Can I trade spot and forward at the same time?

Yes. You can enter into spot and forward contracts with us at the same time. We can tailor trades and contracts to suit you.

How much can I trade?

You can trade very small to very large amounts.

Can I pay my supplier directly?

Yes. You don’t need to supply separate instructions for conversion and supply of funds to suppliers (like you would have to if you used a bank). We will manage this whole process and make sure the funds are delivered directly to your suppliers.

How do I know that my money will be safe?

TTT Moneycorp Ltd is authorised and regulated by the Financial Services Authority (FSA) as an Authorised Payment Institution and is legally required to safeguard client funds held in respect of a payment service. Client funds are held in segregated accounts separate from the Firm’s own money and we also have special agreements in place with banks like HSBC which held to protect people’s money. Any client funds held with Moneycorp Financial Risk Management Ltd (authorised and regulated by the FSA for the conduct of designated investment business) are subject to FSA client money protection. We are very well capitalised and in most cases are not exposed to major credit risk. Further information can be found on our website, including the latest annual report and accounts (which have been audited by PriceWaterhouseCoopers every year since 1987).

It’s also reassuring to know that Moneycorp has been in business for more than 30 years and has excellent ratings from Dun & Bradstreet, Graydon and other credit agencies.

Using the online system

is very simple and

there is always

support and guidance

available at the end

of the telephone.

Operating in an

environment where

profit margins are

tight, price is very

important to us and

using Moneycorp we

get the best exchange

rates possible in line

with our requirements.

VAMoS trAVel

08.00 16.00 08.00 16.00 08.00 16.00 08.00 16.00 08.00 16.00

18 Mar 2011 17 Mar 2011

14 Mar 2011 15 Mar 2011 16 Mar 2011

82.00 81.00 80.00 79.00 78.00 77.00

1987 1986

1985

14 March 2011

Japanese tsunami – yen strengthens rapidly in anticipation of asset repatriation

¥82/$ – ¥77/$ (6%) in two days.

22

2

16

14

18 00 29

We invest in the

most up-to-date

systems, payment platforms

and technologies – helping us

deliver competitive prices

and market guidance.

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Facts and figures

MoneyCorp

Trading name of TTT Moneycorp Limited

1962

Company incorporated

1979

Started dealing in foreign exchange

2.4M

Customer transactions in 2011

£11.1bn

Traded in currencies in 2011

600

Dedicated employees

other services – for you, as

well as your business

Personal money transfers

We’re not just here to help with large-scale corporate transactions. You can benefit from our services if you need to make personal payments too – like an overseas property purchase or tuition fees for a child studying abroad.

Wholesale services

If your organisation needs to buy currency notes in bulk, our specialist Wholesale Division can meet requirements like this. We are a recognised leader in foreign exchange and bulk currency trading, as well as

worldwide service delivery. We supply businesses ranging from cruise ships and travel companies to private banks and other FX brokers.

Currency on the go

We sell travel money over the counter at our bureaux de change, which are located across Central London as well as Gatwick, Stansted, Southend and Southampton airports. We also operate a network of ATMs at these sites and offer other travel-related products (including travellers cheques).

Multi-currency prepaid card

You can have up to 14 different currencies on our secure, PIN-protected Explorer® card – and that’s a world first. (You won’t get a prepaid card anywhere else that lets you load and manage this many currencies.) You can use it wherever Visa is accepted – including 31 million merchant outlets worldwide and more than 1.4 million ATMs – and you can ‘lock’ exchange rates to protect against negative currency movements.

Online travel money

Buying your travel money online with us is easy. It should only take a few minutes and we’ll deliver your currency straight to your door, via Royal Mail Special Delivery™. You can choose from over 60 currencies (as well as travellers cheques) and we offer free next-day delivery on orders of £500 or more. Guaranteed pre-9am and Saturday delivery options are also available.

For more information on any of these services,

visit our website:

www.moneycorp.com

Providing comprehensive foreign

exchange and money services:

The Royal Bank of Scotland (RBS) Special Opportunities Fund is the sole institutional investor in the Group, with a total shareholding of 95.75%.

Offices in the UK, Spain and the USA.

Substantial client list including many blue-chip companies and organisations. Annual accounts have been audited by PwC since 1987.

Excellent rating by D&B, Equifax, Graydon and other credit agencies.

Authorised and regulated by the Financial Services Authority for the provision of payment services. Licensed Money Service Business.

Private company with an established reputation, focused on long-term customer satisfaction rather than short-term gains.

Clients are welcome to visit our

FX trading floor or Head Office,

both in Knightsbridge, London.

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TTT Moneycorp Limited is authorised and regulated by the Financial Services Authority for the provision of payment services. Moneycorp Financial Risk Management Ltd is authorised and regulated by the Financial Services Authority for the conduct of designated investment business.

Moneycorp is a trading name of TTT Moneycorp Limited. Registered office: 2 Sloane Street, Knightsbridge, London SW1X 9LA. Registered in England: No 738837. Incorporated 1962. Worldwide copyright © TTT Moneycorp Limited 2012.

Moneycorp 100 Brompton Road Knightsbridge London SW3 1ER United Kingdom T +44 (0)20 7823 7400 F +44 (0)20 7823 7715 www.moneycorp.com DES0522