Wednesday, October 28, 2009

Interview with Simon Hilton, foreign exchange consultant

Simon Hilton is a senior foreign exchange consultant at World First specialising in assisting private clients and companies with their foreign exchange transactions. Simon is authorised by the FSA to offer foreign currency options.Simon Hilton

To contact Simon directly for currency transfer information or a no-obligation quote please click here.

Expat Focus: Simon, can you tell us a bit about your background and how you came to work for World First?

I have a BA hons degree from the University of Reading in History and Politics and joined the company in 2006. I have since undertaken regulatory exams and obtained FSA approval to advise our clients on hedging their foreign exchange risk.

Expat Focus: What services does World First offer and what is your own role?

World First offers a foreign exchange service for currency transfers as well as a range of foreign exchange products. Clients can purchase currency at ‘spot’ (for an immediate transfer) as well as being able to fix the exchange rate for up to 2 years in advance with a forward contract.

Our regular payment plans can be quite useful for those with commitments back home such as mortgage payments or if you receive a monthly pension which you would like to convert and receive in the country where you are an expat. You may also like to send part of your salary back to the UK on a regular basis.

World First has recently launched a new range of Currency Options. These products are suitable for transfers over £100,000 and allow you to fix your rate in advance but benefit if the rate subsequently improves.

I am responsible for assisting individuals with their currency transfers. I will take clients through the process from start (first contact) to finish (receiving the brought currency) and I will explain the different products and services we offer. I am also in charge of managing currency options and offering them to our private clients. As these are specialised products we have had to undertake regulatory exams and are authorised by the Financial Services Authority in the UK...


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