In order to be cost-efficient in the foreign exchange market you have to develop a strategy to understand and hedge your foreign exchange risk.
At Axiom, we work hand-in-hand with our clients to fully understand their unique foreign exchange situation. We provide them with a direct phone line to their Axiom associate ensuring their business needs are always being satisfied in a timely and cost-effective manner.
It is important for the global business operator not to let this important facet of international business spiral out of control and cut into your profit margins. The foreign exchange market impacts every corporation differently. In order to reduce the expense involved with foreign exchange, many companies have formed an affiliation with Axiom using our experience in the industry to give them a competitive advantage, realize cost savings and improve efficiencies in their international transactions.
Axiom associates are trained to be proactive in the foreign exchange market. With a live feed to the world financial markets, when we recognize something in the market that will affect your business, we will contact you immediately.
As your foreign exchange partner you will gain instant access to our full slate of financial services providing you with all the necessary information to make informed foreign exchange decisions. We want your affiliation with Axiom to be reliable, beneficial and long-lasting.
How do you form an affiliation with Axiom?
- Discuss with an Axiom associate your foreign exchange requirements.
Examples include: type of currency, transaction amounts, frequency of transactions, future transactions and profit objectives. - An Axiom associate will assess your needs and create a personalized solution to meet your specific currency requirements.
Examples include: hedging strategy required using forwards, weekly market watch and timing of foreign exchange, foreign payables, wire transfers, foreign drafts and how to receive your funds. - Set up your account and begin your affiliation with Axiom!
Account set up is free and takes only minutes.
How do you execute a transaction?
- When you are ready to make a transaction, you phone your Axiom associate.
- Your Axiom associate will follow step by step transactional guidelines to ensure you receive the best rate.
- When you are ready to proceed with a transaction, your associate will validate the rate, the foreign amount and the amount payable to Axiom.
- You must provide wire or delivery instructions.
- Axiom will send you confirmation with a detailed record of the transaction.