Foreign exchange video resources

London, United Kingdom, November 29, 2007 – Custom House, one of the largest non-bank foreign exchange (FX) companies in the world, is proud to announce the introduction of its FX Educational Webinar Series in the United Kingdom and the launch of the first in the series entitled, “Navigating Global Foreign Exchange in Emerging Markets”.

Doing business overseas has become commonplace for most corporate organisations. Increasingly more companies are moving their operations or sourcing product from more exotic locales. Today, globalisation is providing a new dynamic for companies conducting daily business transactions in global markets with new opportunities to manage risks with fluctuating emerging market currencies.

“Emerging market currencies is a popular subject in today’s globalised economy. Business leaders are concerned about how the high value of the Pound should stack up against emerging currencies and what strategies can be used to minimise exposure to unexpected global market conditions,” said Mark Frey,

Head Foreign Exchange Trader for Custom House. “Our new webinar series will answer questions related to working with emerging market currencies and offer specific strategies including how to deal with currency restrictions and fixed exchange rates. The goal of our FX webinar series is to provide information on an often complicated subject matter and help individuals navigate their way through the world of foreign currencies.”

Topics covered in the upcoming webinar will include currency restrictions and regulations, rate of execution, liquidity risks, non-deliverable forwards, and a discussion on the Chinese Yuan and its implications on the economy in the United Kingdom. Featuring Mark Frey, Head Foreign Exchange Trader for Custom House, and Conor Sheridan, Dealing Services Manager for Custom House, the webinar will help businesses discover how they can receive fair value on all of their international payment transactions and maximise the benefits of using a number of emerging market currencies.

Webinar Registration Details

Topic: Navigating Global Foreign Exchange in Emerging Markets
Date: Thursday, December 6
Time: 2:00 pm Greenwich Mean Time (GMT)
To register, please visit customhouse.webex.com

About Custom House

Custom House Ltd. is one of the largest foreign exchange companies in the world. The company’s award-winning products, global banking relationships and international network of trading offices enable clients to make global transactions quickly, efficiently and securely. From individual consumers to Fortune 500 companies, Custom House is a leader in foreign exchange and international payment solutions. In addition to providing customised business solutions through offices around the world including Australia, Canada, Italy, New Zealand, Singapore, the United Kingdom and the United States, Custom House sets the industry standard for compliance by championing international security and regulations. For more information, please visit www.customhouse.com.

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For more information contact:
Jenny Woodland | E-mail
Custom House
Tel: 250-412-0466
www.customhouse.com

admin Jun 1 Foreign Currency

Custom House, a Western Union Company

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Custom House, a Western Union Company, Joins TIGA

TIGA, the trade association representing the United Kingdom games industry, today announced Custom House, a Western Union Company, as its newest member.

February 10, 2010 – As a global leader in foreign exchange (FX) risk management and international payment solutions, Custom House helps companies succeed in global markets by minimising their currency exposure and streamlining the international payment process. Custom House opens up a world of opportunity for its clients by enabling small and medium-sized businesses to operate affordably and efficiently on a global scale with simplified payment solutions that help manage the risks associated with foreign exchange in volatile markets.

“As the United Kingdom video games industry continues to grow, more and more companies are finding that expert management of their foreign exchange payments is crucial to their financial success,” said Chris Wilson, National Manager, United Kingdom for Custom House, a Western Union Company.

“Many professionals in the games industry are unaware of all their global payment options and the risks associated with foreign exchange. Through our experience, it’s assumed that a financial institution can act as the sole payments provider, but in many cases this may not be the best option. By joining a premier organisation like TIGA, we can help build awareness of the alternatives that a dedicated foreign exchange specialist like Custom House can offer, including more competitive exchange rates; a wide variety of currencies to choose from when paying international suppliers; and currency hedging products that reduce the impact of exchange rate fluctuations, resulting in improved cost stability and predictability,” said Wilson.

Richard Wilson, CEO for TIGA stated: “As the video games industry continues to grow, mature, and become even more international, games companies require access to the very best expertise in all aspects of financial management. Custom House’s experience in the foreign exchange industry, as well as their international payment solutions are second to none. We believe their know-how will be incredibly powerful to our members by providing the expertise companies need in order to minimise their exposure to currency fluctuations as well as receive some cost certainty in unpredictable international markets.”

To learn more about specific foreign exchanges services available to games professionals, a free booklet entitled ‘Foreign Exchange and International Payment Solutions for the Games Industry’ is available for download here.

Notes to editors:

About TIGA:
TIGA is the trade association representing the UK’s games industry. The majority of our members are either independent games developers or in-house publisher owned developers. We also have outsourcing companies, technology businesses and universities amongst our membership. TIGA’s vision is to make the UK the best place in the world to do games business. We focus on three sets of activities: political representation, generating media coverage and developing services that enhance the competitiveness of our members. This means that TIGA members are effectively represented in the corridors of power, their voice is heard in the media and they receive benefits that make a material difference to their businesses, including a reduction in costs and improved commercial opportunities.

About Custom House, A Western Union Company:
Custom House provides reliable, efficient international payment solutions for today’s business. We offer advanced, customised foreign exchange solutions, addressing the unique needs of small to mid-sized enterprises (SMEs) and global businesses that require support managing foreign exchange risk and international payments. Through our strategic business relationships and worldwide network of trading offices we help our clients remain competitive when working in global markets. Western Union acquired Custom House in September 2009, and owns and operates the company along with its services under the Western Union name. For more information, visit www.customhouseuk.co.uk.

For more information about specific foreign exchange solutions for the games industry:
Email: enquiriesuk@customhouse.com
Phone: 0845 88 00 416.
Visit: www.customhouseuk.co.uk.

For further information, please contact Eva Field, TIGA PR Manager on: 07814 039 983, or email eva@tiga.org.

admin Jun 1 Foreign Currency