I am pleased to be able to introduce a new service which is intended to meet the growing demand for simple international payments and low cost foreign exchange.

A large number of us are now purchasing high value items worldwide, thanks to the Internet.  The Office for National Statistics 2006 Social Trends Report noted that between 2000 and 2004 the number of UK households that owned second homes abroad increased by 45%. 

Whilst international payments and foreign exchange has been the domain of high street banks and currency broker businesses, there has not been much emphasis on keeping costs low for the customer and the service can be quite poor.

We have partnered with FTT Global, an international payment provider with offices in London and Guildford which uses the smartest technology in the industry to make exchanging currencies and sending international payments fast, easy, cheap and secure.

We believe that this will save you time and money by providing the best rates, zero commission and no fees via an online, 24/7 payment platform.  Within a few minutes you can register online, open an account and send funds in 40 currencies to over 140 countries.  Do have a look at the 45 second demo which you will find via a link on our website.  FTT sends Euro, US Dollar and Canadian Dollar payments to most accounts in the world the same day.  This means that your payments are sent faster than any other method available.  You can even set a target rate for the currency exchange. The FTT system will monitor market movements 24/7 and fill your order at the target rate you set.

When you register you will find a simple to use online system, professional and courteous support staff and the best real rates in the market which will enable you to make transfers 24 hours a day, 7 days a week.

FTT Global

In 2005, the founders of FTT Global were frustrated to find that the cost of currency exchange for individuals or small businesses was up to 200 times more expensive than if a large corporate company performed the same trade.

FTT Global set about building a solution to this anomaly, putting great pricing and direct international payments in the hands of individuals and small business users. The result is the FTT Global online payment system.

FTT Currency is now underwritten by A-rated insurer Hiscox to the tune of £1 million per claim. This means that in the unlikely event that FTT did anything wrong with your payment then you could claim against their insurance policy.  That compares very favourably with the £50K cover provided by Banks.

Sending Foreign Currency

The process is very straightforward.  Login (or telephone FTT) and set the amount of foreign currency you need.  FTT will instantly tell you the best rate of exchange. You accept and FTT guarantee it. You then send FTT your domestic currency and they send the agreed foreign currency to the bank account you specified.

Receiving Foreign Currency

The process is again very straightforward.  FTT provides you with their foreign currency bank details and a unique ID number. You provide these to whoever is sending you the foreign currency. When the funds arrive, the FTT system emails you to let you know. FTT converts the currency into your domestic currency at the best rate of exchange and sends your domestic currency to the bank account you specified.

Who Can Use this New Service?

The service is designed for individuals (perhaps transferring money to a relative overseas or buying an overseas property); for companies (particularly those who need to buy goods or services in another currency); for charities (who may need to send money overseas or pay support workers in another currency) and for investors (who want to hold some of their investment portfolio in another currency).

Please note that Arch Financial Planning Limited is merely acting as an introducer to FTT Global and can take no responsibility for the transactions that you may place. However we believe that FTT Global has the necessary insurance and regulatory protection in place to protect our clients.

To find out more and to register for the service please visit our website www.arch-fp.co.uk/ftt_global.php.