Now is the ideal time...

July 13, 2009

For Immediate Release

Unprecedented pressures on bank profitability make this the ideal time to look at the LES Foreign Exchange Analysis Solution. Stupefying loan investment losses have not just made it tempting for banks to raise fees, but virtually mandatory, if they have any hopes of returning to profitability in a credit crunch environment.

No fee is more at risk for abuse for the bank customer than are mark-ups and fess charged in connection with foreign exhange transactions. The fact that few companies investigate what the mark-up is on FX bank transactions, makes the ‘adjusting’ of these rates and mark-ups upwards practically irresistible.

Don’t take these charges meekly – get the third party analysis you need now via the LES FX Toolkit and put yourself in position to dictate what prices you will get in this unregulated area. LES can give you the data you need to negotiate your way to savings of 6 or 7 figures in many cases.