Sheffield Chamber strengthens international trade support with new global foreign exchange service

28th July 2020

Sheffield Chamber is delighted to announce a new partnership with leading foreign exchange experts moneycorp, to provide better financial support to businesses trading overseas.

As the international trade landscape continues to change rapidly, it is vital that businesses take a proactive approach in managing any risks associated with trading overseas. As part of the Chambers ongoing efforts to help businesses in this arena, the British Chambers of Commerce has identified that ambitions for growth in many small and mid-sized businesses are being hindered by currency volatility and expensive international payments.

In order to help businesses, Sheffield Chamber have joined forces with leading specialists moneycorp, to offer a dedicated foreign exchange service that provides significant cost savings, protection against adverse rate fluctuations and ultimately, peace of mind to businesses knowing their FX needs are in the hands of experts.

Nick Patrick, Head of International Trade at Sheffield Chamber, said:

“As global currencies rise and fall, more so with the current turmoil in the international markets, it is extremely important to Sheffield Chamber that we offer a dedicated service which provides a sound base in this most crucial of international trade dealings.

“Sheffield Chamber are delighted to partner with moneycorp, who have been a key partner of the British Chambers of Commerce for a number of years, providing a valuable service for foreign exchange transactions. This new partnership and service strengthens our international trade offering. It will provide help and guidance based on comprehensive market knowledge and experience, as well as aid in reducing costs and importantly risk for our members.”

Lee McDarby, Managing Director of International Payments at moneycorp, added:

“We are excited to be partnering with the Sheffield Chamber of Commerce. Market knowledge and putting clients first is at the heart of what we do at moneycorp, and while for many businesses these tough conditions may be the biggest challenge they’ll have faced, we are here to help them navigate the choppy waters.

“It is vital that businesses take a proactive approach in terms of managing the risks associated with international trade, and those not as prepared may face even more risk. Our team of dedicated dealers are on hand to support businesses with foreign exchange, mass payment solutions, receiving accounts and crucially, risk management.

“We look forward to sharing our expertise with the Sheffield Chamber of Commerce who share our passion for service and relationship, and we are looking forward to guiding their members when it comes to the financial markets.”

Andy Dobson, who heads up the moneycorp sales team in the North added:

“One of the great advantages that we can offer businesses is that we have offices across the world, so our customers don't just get global servicing, but also local insights from each office. As a result, we can tap into and help with the specific challenges that are facing Sheffield's businesses. As we move out of lockdown and into a new post-Brexit era, we know the importance of the personal touch. That’s why we work closely with our clients and our international colleagues to offer guidance and support for all currency requirements that will help local businesses to thrive on the international stage.”

Chamber Foreign Exchange offers competitive exchange rates, free online currency accounts, reduced transfer fees and fast, online transactions.
For more information and to access the service visit www.scci.org.uk. Alternatively, call 0114 201 8888 or email international@scci.org.uk.

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