Case Study: Ward Trade Marks achieves protection from currency volatility with Money Mover

Ward Trade Marks - Customer Case Study

Ward Trade Marks is a specialist trade mark firm led by Rachael and Bill Ward that handles international portfolios and regularly invoices clients in the US. Bill faced a challenge managing foreign exchange risk and banking costs: American law firms can take up to 90 days to pay, exposing Ward Trade Marks to volatile exchange rates and high spreads/fees from high-street banks. Through a Chamber of Commerce introduction, they engaged Money Mover to address these FX and international payment issues.

Money Mover enabled Ward Trade Marks to book forward contracts that lock in an exchange rate for up to 90 days, removing the currency risk between invoicing and receipt of funds. Using Money Mover’s transparent, easy-to-use international payments service — including real-time tracking of funds — Ward Trade Marks gained predictable cash flows, protection from adverse rate movements, and lower fees compared with traditional banks.

Ward Trade Marks

Bill Ward

Finance and Operations Director