The name of the business is Instant Exchange – our name reflects our business. The business will supply foreign currency exchange and transfer to Bangladesh at a competive rate, reliable, efficient and provide an honest financial service. We intent to transfer money for the Bangladeshi people living in Wales and West of England. We intend to offer a cheap rate of transfer with Bengali speaking agent, as well as providing flexibility of transfer into any Bangladesh Bank account in any corner of Bangladesh.
Our core aim is to serve the niche missed out by western union, money gram etc, and so become a significant force in the money transfer market. We are aiming for 3-8% share of this market in the Wales and West of England.
Also we have chosen to work with HSBC in the UK, we have chosen HSBC because of their global presence and professionalism. So we have the business model and structure in place.
Future Plans - Future plans for Instant Exchange.
Increase Network of agents across UK Able to offer global currency exchange
Expand corporate division
Increase client accounts and employees in the corporate division, and look at different ways in which we can add value we to our corporate division.
We only specialise in the Bangladeshi taka, offer cheap rates and faster transfer into any corner of Bangladesh.
Our competitors only transfer to the partnering banks and they have limited knowledge and coverage of Bangladesh, we have the extra, which is not offered by our competitors.
Copyright 2009 Instant Exchange. All Right Reserved.
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