“Do you take Dollars?” Dealing with clients with mixed currency assets.

by Insignis Cash Solutions in News

“Do you take Dollars?” Dealing with clients with mixed currency assets.

Holding cash assets in a variety of currencies can give your clients additional security through diversification and enable you to take advantage of opportunities in other locales without having to pay exchange fees. Management of cash in different currencies can be a time-consuming exercise and signing up for multiple accounts that accept these currencies can prove difficult.

Using a cash management service is a great way to ensure that your clients’ cash assets maintain a high level of liquidity, get favourable blended rates of return, and enjoy high levels of FSCS protection across their total funds, but what if some of your managed portfolios contain Euro or USD cash assets? Do you need to exchange currencies in order to reap the benefits of a cash management platform?

Fortunately for investors that like to hold cash in various currencies, that’s not the case. Insignis Cash Solutions can assist you in simplifying management of your clients’ US Dollar and Euro cash savings with our award-winning cash management service. We have partnered with a number of high-rated UK banks in order to help achieve improved interest rates for popular currencies, meaning that there is a reduced risk for cash deposit totals that fall outside of the FSCS bracket. We have helped clients achieve a positive interest rate return on their Euro cash savings where they have had a varied liquidity structure.

When it comes to options for clients with mixed currencies in their portfolios, Insignis are your cash solutions partner.

Click here to get in touch today

Comments are closed.

Press Contacts

TWITTER

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

It's predicted that £5.5 trillion will change hands through intergenerational wealth transfer over the next 30 year… t.co/upRNshzctU

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

The Insignis Team would like to take this time to wish you all a Merry Christmas and a Happy New Year! Please note… t.co/jsAJxsbdyK

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

What lies ahead for the UK economy? In our latest article, we explore the past, present, and future of interest ra… t.co/3zhXm2ihS0

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

Pleased to have been invited to take part in this insightful conversation alongside other high growth Fintechs. A… t.co/aJK5MurI8Q

Insignis Cash's Twitter avatar
Insignis Cash
@InsignisCash

We are pleased to be at the Independent Schools Conference with our partner Education Banking Consultancy. It's g… t.co/GJz1GTMFKT

As Featured In: