More than 100 financial services customers to benefit from new FX payments solution
Online PR News – 30-March-2015 – Kowloon – One of Hong Kong’s leading providers of foreign exchange services to specialist financial institutions has partnered with Peston & Sons Securities to provide its customers with a new platform to facilitate the payment and receipt of foreign currency. The name of the new partner will be released at a future date.
The new platform will provide Peston & Sons Securities customers with the ability to offer international payment transfers at competitive foreign exchange rates and with low transaction fees.
The two parties worked together to develop a solution which takes into account our unique customers’ requirements. By outsourcing foreign exchange and international payments execution to Peston & Sons Securities, the new partner will offer customers all the functionality of a complete international payments platform without the overheads associated with running a complex global network of correspondent banks.
Offering a world-class international payment solution was important to accommodate greater consumer demand, brought about by greater mobility of people around the world and more online shopping.
"As business becomes increasingly global, partnering with Peston & Sons Securities now gives customers access to a complete international payments solution working with a brand we have trusted for many years,” said Richard L. Fong, Jr., Chairman and Chief Executive Officer for Peston & Sons Securities.
"We aim to provide a world's best practice FX solution to our customers and Peston & Sons Securities's willingness to work closely with us throughout the development and implementation of the solution provided important industry expertise on best practice in international clearing," said Mr. Fong.
About Peston & Sons Securities - Peston-Sons-Securities.com
Peston & Sons Securities provides financial consulting services and financial advice for private investors, wealthy families and corporations. We have been building bridges to the future for our since our inception. We are specialized in providing trustworthy advice to people who look for premium quality financial advice. One of the key strengths of our Hong Kong-based firm is its trained and capable team of professionals who have strong operating backgrounds and are investing and trading experts. Peston & Sons Securities adheres to a strict moral code, and will never step outside of that. You can be sure that we will uphold what is right at all times.