Frequently Asked Questions
Does IMEX bundle or combine client transactions in order to obtain the interbank rates it secures for its clients?
No. Bundling means delaying clients' transactions and exposing their trades to market fluctuations. In foreign exchange management, the key is to minimize exposure, not invite it.
IMEX handles each customer's trade individually. Clients receive the current interbank exchange rate whenever they have to execute a trade. Their international business is conducted in the most professional way, without the risks and inconveniences introduced by bundling.
Do IMEX clients use forward contracts?
The majority of IMEX clients trade on a spot basis. However, many of our clients do choose to protect themselves from rate fluctuation exposure through the use of forward contracts. In fact, any trading mechanism in use in the FX marketplace is available to our clients.
Although IMEX is known foremost as an independent outsource of foreign exchange expertise, our capabilities in international business are by no means limited to issues concerning currency management. IMEX offers professional insight through a variety of consulting services ranging from trade finance to letters of credit.