Foreign Exchange Rate Integrity®
Case Studies
Blades International, Inc. has helped a number of corporate and commercial clients manage their FX Costs and maintain their savings.
Case study · Transportation Company
Significant FX Savings & On-Going FX Monitoring
Blades International found the Transportation Company was receiving an Excessive Markup averaging 318 BPs.
Once the bank learned the Transportation Company had mandated BII for FX Advisory using the FX Rate Integrity® process, and heard BII’s recommendations, they readily agreed to lower the markups to only 50 BPs.
Following BII’s initial year-long review period, the Transportation Company became a Blades International FX Rate Integrity® - Audit client and remained within a range of 49-51 BP for each quarter.
Case study · Flooring Manufacturer
Unnoticed Raised Markups caught and corrected
Upon initial review, the client’s data showed BII they were paying around 200 BPs. The company confronted the bank with the data and the bank readily agreed to lower the Markup to 25 BPs, so the client decided they did not need BII’s FX Rate Integrity® service.
About two years later, BII found the client was actually receiving an average markup of 107 BPs, and not the 25 BPs they had been quoted.
BII coached the company to not settle for 50 BPs when the bank was supposed to be at 25 BPs. By pressing and using the FXRI data, they finally obtained 25 BPs and FX Rate Integrity®.
Find out what your spread should be
Simply share your FX rate data, including the trade date, time stamp, time zone, amounts and currencies sold and bought, and currency pair. We will provide you with complimentary indications of your markups.
Please do NOT send confidential account or payee information.
Get a Complimentary FX Rate Review →