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The InTernaTIonal PaymenTs soluTIon
INTL FCStone Ltd
The Global Payments team at INTL
FCStone Ltd (IFL) specializes in
making payments in more than 175
countries. We provide customized
foreign exchange and treasury
services to international aid and
development organizations, UN
agencies, NGO’s, religious entities,
government agencies, multinational
corporations, and financial
institutions.
Our goal is to provide our clients
with a single solution for their local
currency needs worldwide. With more
than 25 years of experience, we have
developed extensive local market
knowledge and expertise.
IFL is a wholly owned subsidiary of
INTL FCStone Inc., a global financial
services organization. With particular
expertise in foreign exchange and
payments in the developing world,
IFL offers customized services to
our clients from our group offices in
London, New York and Singapore.
INTL FCStone Ltd | Page 1
GLOBAL PRESENCE
INTL FCStone Ltd | Page 2
GLOBAL PRESENCE
INTL FCStone Business ActivityAreas not currently serviced by IFL* Offices
* Due to US/UK sanctions regimes, we cannot make payments to Iran, Cuba, and North Korea.
INTL FCStone Ltd
INTL FCStone Ltd | Page 3
SPECIALIzED FOREIGN ExChANGE SERvICES
CUSTOmIzED FOREIGN
ExChANGE AND PAYmENT SERvICES IFL provides specialized foreign exchange services to international aid and development organizations, UN agencies, NGO’s, religious entities, governmental agencies, multinational corporations and financial institutions in more than 175 countries.
COST-EFFICIENT AND COmPETITIvE
RATESIFL accesses wholesale exchange rates through a vast network of Financial Institutions in each local market, enabling us to capture highly competitive market rates. All costs are built into the quoted Fx rate.
FAST AND RELIABLE
SERvICE IFL maintains local bank accounts in approximately 100 countries, which enables us to make and receive payments in an efficient and secure manner. Payments are delivered within two business days or earlier to all locations.
ACCESS TO ELECTRONIC
RATES AND PAYmENT REqUESTSOur electronic platform, Fxecute, enables clients to access real time rates and process international payment requests.
24-hOUR SERvICE
IFL operates 24/5 and has dedicated staff, located across three time zones, assigned to assist its clients.
INTL FCStone Ltd | Page 4
INTL FCStone Ltd
ELECTRONIC PAYMENTS
INTL Global Currencies | Page 5INTL FCStone Ltd | Page 5
FXecute
is INTL FCStone’s proprietary platform payment platform that makes it simple to make payments anywhere in the
world
Client Beneficiary
FXecute
Local CurrencyDelivered in Country
Local CurrencyDelivered in Country
Payment Request
Lock Rate
Payment Confirmation
ELECTRONIC PAYMENTS
INTL Global Currencies | Page 6
FxECUTE IS IFL’S PROPRIETARY
ELECTRONIC PLATFORm, WhICh CLIENTS CAN USE FOR TRANSFER REqUESTS.
CLIENTS hAvE ACCESS TO LIvE
RATES AND ExECUTION CAPABILITY IN mORE ThAN 175 COUNTRIES.
FxECUTE OFFERS A vARIETY OF USER
ROLES AND PROvIDES CLIENTS WITh AN ELECTRONIC SUBSTITUTE FOR ThEIR INTERNAL APPROvAL PROCESS.
ALL DATA IS CONSOLIDATED IN
ThE SYSTEm AND CAN BE USED TO GENERATE A vARIETY OF ANALYTICAL REPORTS.
ThERE ARE SEvERAL BUILT-IN SECURITY
FEATURES TO mAINTAIN ThE INTEGRITY OF ThE DATA IN ThE SYSTEm.
OUR PLATFORm CAN BE
INTEGRATED WITh mOST ACCOUNTING SOFTWARE. FxECUTE ALLOWS COmPANIES TO ImPLEmENT PROCESSES TO SImPLIFY ThEIR INTERNATIONAL FUNDING AND PROvIDES A CLEAR AUDIT TRAIL.
INTL FCStone Ltd | Page 6
Fxecute
INTL FCStone Ltd
INTL FCStone Ltd | Page 7
Organizations now have the option to fund their international programs in local currency vs. hard currency (EUR, GBP, USD, etc). By choosing to execute their international payments in local currency, organizations can participate in the conversion process and ensure that their payments are executed at the best rate possible.
hARD CURRENCY
LOCAL CURRENCYvs.
INTL FCSTONE LTD hAS ExTENSIvE WORLDWIDE ExPERIENCE WITh mAKING PAYmENTS IN LOCAL CURRENCY. BASED ON OUR ExPERIENCE, WE WOULD LIKE TO hIGhLIGhT ThE FOLLOWING RISKS WITh SENDING FUNDS TO BE CONvERTED LOCALLY:
COmPLIANCE RISK
Global compliance standards
have been raised significantly
in recent years. With the
introduction of new laws and
regulations in many countries
worldwide, organisations must
be aware of and adherent to
current regulations regarding
international currency transfers.
By actively monitoring the
currency exchange process from
its head office, an organisation
can ensure not only that it is
compliant but that all financial
dealings are undertaken with
approved counterparties.
F INANCIAL CONTROLS
The financial markets and
banking systems in many
developing countries are
inherently volatile and can be
negatively impacted by political
instability, corruption and
perpetual underdevelopment.
Therefore, maintaining large
sums of hard currency in-
country leads to many potential
complications including
misappropriation of funds,
substantial country and credit
risk, and an overall lack of
accounting transparency. By
transacting in the international
market for local currency,
the funding and accounting
process is made more secure
and accurate while reducing
the potential for corruption and
fraud. Additionally, any excess
funding can be held in hard
currency at the head office level
in order to avoid unnecessary
country risk and local currency
payments can be executed on a
“just-in-time” basis.
CAPTIvE CLIENT
By sending hard currency
directly to the beneficiary
bank for conversion locally,
an organization potentially
opens itself up to uncontrolled
loss and relies on the local
bank as its sole rate source.
In many cases, the bank then
converts the funds at the rate
of the day, which is usually
much less favorable than what
can be attained by soliciting
competitive bids. In fact, it is not
uncommon for the difference
to be as much as 5 percent
and in some cases even more.
In addition, there are added
fees associated with sending
hard currency to be converted
locally. Consequently, it is more
advantageous to fund in local
currency, thereby ensuring
access to competitive rates and
maximum levels of funding for
field projects.
INTL FCStone Ltd | Page 8
INTL FCStone Ltd
mARKET COvERAGE
ThE AmERICASARS Argentina
AWG Aruba
BSD Bahamas
BBD Barbados
BzD Belize
BmD Bermuda
BOB Bolivia
BRL Brazil
CAD Canada
KYD Cayman Islands
CLP Chile
COP Colombia
CRC Costa Rica
DOP Dominican Republic
xCD East Caribbean
GTq Guatemala
GYD Guyana
hTG haiti
hNL honduras
JmD Jamaica
mxN mexico
ANG Netherland Antilles
NIO Nicaragua
PYG Paraguay
PEN Peru
SRD Suriname
TTD Trinidad and Tobago
UYU Uruguay
vEF venezuela
EUROPEALL Albania
BYR Belarus
BAm Bosnia
BGN Bulgaria
hRK Croatia
CzK Czech Republic
DKK Denmark
EUR Euro zone
hUF hungary
LvL Latvia
LTL Lithuania
NOK Norway
PLN Poland
RON Romania
RSD Serbia
ChF Switzerland
SEK Sweden
TRY Turkey
GBP United Kingdom
OCEANIAAUD Australia
FJD Fiji
xPF French Polynesia
NzD New zealand
PGK Papua New Guinea
SBD Solomon Islands
TOP Tonga
vUv vanuatu
WST Western Samoa
mIDDLE EAST & NORTh AFRICADzD Algeria
BhD Bahrain
DJF Djibouti
EGP Egypt
IqD Iraq
ILS Israel
JOD Jordan
KWD Kuwait
LBP Lebanon
LYD Libya
mAD morocco
OmR Oman
qAR qatar
SAR Saudi Arabia
TND Tunisia
AED United Arab Emirates
YER Yemen
* These countries are subject to certain UK or US sanctions that may prohibit certain types of transactions. Please contact a representative of IFL who will advise if payment can be made.
IFL’s market coverage is subject to change at any time without prior notice.
ASIAAFN Afghanistan
AmD Armenia
AzN Azerbaijan
BDT Bangladesh
KhR Cambodia
CNh China account in hong Kong
CNY China
GEL Georgia
hKD hong Kong
INR India
IDR Indonesia
JPY Japan
KzT Kazakhstan
KGS Kyrgyzstan
LAK Laos
mYR malaysia
mNT mongolia
mmK myanmar*
NPR Nepal
PKR Pakistan
PhP Philippines
RUB Russia
SGD Singapore
KRW South Korea
LKR Sri Lanka
TWD Taiwan
TJS Tajikistan
ThB Thailand
vND vietnam
SUB-SAhARAN AFRICAAOA Angola
BWP Botswana
BIF Burundi
CvE Cape verde
xAF Cameroon, Chad, Central African
Republic, Congo, Equatorial Guinea, Gabon
xOF Benin, Burkina Faso, Guinea Bissau,
Ivory Coast, mali, Niger, Senegal, Togo
KmF Comoros
CDF DR Congo
ERN Eritrea
ETB Ethiopia
GmD Gambia
GhS Ghana
GNF Guinea
KES Kenya
LSL Lesotho
LRD Liberia
mGA madagascar
mWK malawi
mvR maldives
mRO mauritania
mUR mauritius
mzN mozambique
NAD Namibia
NGN Nigeria
SDG North Sudan*
RWF Rwanda
STD São Tomé
SCR Seychelles
SLL Sierra Leone
zAR South Africa
SSP South Sudan
SzL Swaziland
UGx Uganda
TzS Tanzania
zmW zambia
INTL FCStone Ltd
INTL FCStone Ltd | Page 11
LONDONmoor house, 1st Floor
120 London Wall
London EC2Y 5ET
United Kingdom
Tel: +44 20 3580 6100
Fax: +44 20 3580 6001
Reuters Dealing: INTC
SINGAPORE1 Raffles Place
#52-00 One Raffles Place
Singapore, 048616
Tel: +65 6309 1006
Fax: +65 6309 1001
Reuters Dealing: INTh
NEW YORK708 Third Ave
15th Floor
New York, NY 10017
USA
Tel: +1-212-485-3549
Toll Free: +877-279-9198
Fax: +1-212-485-3505
Reuters Dealing: INTL
Contact Us
INTL FCStone Ltd
www.intlfcstone.com
INTL FCStone Ltd
INTL FCStone Ltd
INTL FCStone Ltd (“IFL”) is registered in England and Wales No. 5616586 and is authorised & regulated by the UK Financial Conduct Authority [FRN 446717]. IFL is a wholly owned subsidiary of INTL FCStone Inc. (“INTL”). For the provision of payment services, INTL acts as Agent for IFL in New York. INTL Asia Pte Ltd acts as agent for IFL in Singapore. Neither this information nor any opinion expressed
constitutes a solicitation to buy or sell foreign exchange or any futures or options or OTC products.
IFL is a wholly owned subsidiary of INTL FCStone Inc. INTL FCStone Inc. is a public company based in the United States, listed on the NASDAQ stock exchange (symbol “INTL”) and regulated by the US securities and Exchange Commission. All financial information and
filings are public and can be viewed on the website of the Securities and Exchange Commission or on our website www.intlfcstone.com.
INTL FCStone Ltd. is certified by the BSI to ISO/IEC 27001:2013 [Certificate No. IS 583823]
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