MONACO, December 17, 2012 (Press-News.org) "Yachting is a global industry and almost everyone involved in it needs to transfer money around the world or buy foreign currency," explains Ian Petts, Financial Director for Yachting Partners International (YPI). "We are always searching for ways to help our clients and crew limit the cost and inefficiency surrounding these transactions and with our new partnership service we are able to bring savings of up to 5%.
"Whether it is helping crew transfer their monthly salaries for free, direct into their bank accounts in their home country or ensuring our clients are saving on their yacht charter or purchase of a super yacht for sale, as well as the planning stage payments of a new yacht construction, or even on the regular everyday costs of running a yacht, we are confident that Currencies Direct can provide the secure and efficient assistance we demand."
YPI is one of the first companies in the industry to identify the potential of using a foreign exchange specialist.
"We chose to partner with Currencies Direct because of their reputation," comments Ian. "They have an impressive technical expertise (including with such exotic products as 'currency futures'), they have 16-years experience in international payments and, importantly, are authorised and regulated by the FSA."
The partnership is an important one for Currencies Direct CEO, Keith Hatton. "We have taken the time to understand the industry's needs to develop a tailored product specifically for the yachting industry," he explains. "Currencies Direct is looking to develop a long term relationship with the industry and is delighted that YPI, one of the key players in this market, has been the first to recognise the value of our bespoke products and services."
Sim Lighten, ex-captain and yacht company director and now Business Development Manager for yachting partnerships at Currencies Direct has been aware of the apparent lethargy within yachting when it comes to looking for savings on international transfers. "That's changing now,' he says. "As yachting moves towards the need for greater commercial viability in light of industry changes, client expectation and the global economic situation, companies and individuals alike are increasingly looking for ways to reduce costs. By using Currencies Direct to send transfers overseas or make international payments, they can expect savings of between 2% to 5% compared to using the services of their high street bank. On the large sums involved, that quickly adds up to savings of thousands of pounds."
Lauren Symons, Chief Stewardess on the 59m motor yacht GU, is a good example of how the process can offer crew enormous benefits.
"My employer was sending my euro wages to my Euro bank account in Jersey monthly. I was then sending my pay home every month to my Australian account via my bank, paying a fee for every transfer and never getting the rate I saw online. Currencies Direct were able to pay my salary direct into my AU$ account at no additional cost to me and at a significantly better exchange rate. Rather than making numerous phone calls at inconvenient times, Currencies Direct contacted me by email when they had received the funds and I saw the money in my Australian account the very next day. I wish I had known about their service sooner and I shall be recommending it to all crew going forward."
For more information on Currencies Direct and the services they can provide in yachting go to www.ypigroup.com/currenciesdirect or email info@ypigroup.com.
Yachting Partners International (YPI Group) is a yacht charter broker and part of the Barry Rogliano Salles Shipbroking Group (BRS). Currently celebrating its 40th anniversary, YPI is renowned for its integrity, considerable industry experience and for getting results. YPI has accumulated vast experience in the fields of design, yacht refitting, yacht management, luxury sailing, yacht charter, luxury yachts for sale, super yachts for sale, luxury yacht charter and crewed yacht charter for some of the most demanding clients all over the world. For more information on Currencies Direct and the services they can provide in yachting go to www.ypigroup.com/currenciesdirect or email info@ypigroup.com.
YPI Joins Forces with Foreign Exchange Specialists 'Currencies Direct'
As the size, frequency and cost of international money transfers increases throughout the yachting industry, YPI has partnered with foreign exchange specialists, Currencies Direct, to help its clients and crew save on all international transactions.
2012-12-17
ELSE PRESS RELEASES FROM THIS DATE:
External Pressures Force Community Hospitals to Reconsider EMR Systems
2012-12-17
The community hospital EMR market experienced an ever-increasing amount of transitions in 2011 with more than 200 hospitals under 200 beds changing or replacing their hospital health information system. This and other findings can be found in the new KLAS Brief Community Hospital Market Share 2012: Small Hospitals, Big Changes.
Economic pressures continue to push smaller hospitals into IDN relationships in order to survive, which results in greater displacement of smaller-hospital CIS solutions with larger hospitals' systems, such as Epic and Cerner.
In addition, ...
Houston Attorney Daniel Horowitz Receives Reich Chandler Outstanding Advocate Award
2012-12-17
Attorney Daniel D. Horowitz III, a partner at Abraham, Watkins, Nichols, Sorrels, Agosto & Friend in Houston, Texas, was presented with the 2012 Reich Chandler Outstanding Advocate Award by the Texas Trial Lawyers Association.
Mr. Horowitz was selected as the 2012 recipient of the Reich Chandler Outstanding Advocate Award for his commitment to ethics and professionalism in the practice of law and his untiring devotion to the rights of his clients. The award is named in honor of Reich Chandler, former Advocates Committee Chair and Secretary Treasurer of the Texas ...
New Year's Resolutions For Divorced Parents
2012-12-17
New Year's is just around the corner and divorced parents might wish to think about some New Year's resolutions. Being a single parent or co-parent is hard, but identifying a few key areas that could be improved will help both the parent and his or her children.
Avoid common mistakes
If you know the common mistakes made by divorced parents, you may be able to avoid them. Frequent errors include:
- Turning your children into messengers: Communicating with your ex through your kids is stressful for them. Essentially, it's forcing them to try to negotiate a situation ...
Zeus & Company California (Commerce, CA) Has Been Acquired by Animal Supply Co., Seattle, WA
2012-12-17
As of Friday, December 14, 2012, Zeus & Company California (West), has been acquired by Animal Supply Company, Seattle, WA.
Zeus & Company West employees will now be employed by Animal Supply Company. No Vendors will be affected by the sale and all daily business operations will remain in place to ensure a smooth transition. Zeus & Company West would like to thank all of their West customers and publicly say it has been a pleasure to serve them. Zeus & Company West wishes their West customers the best of everything in 2013 and beyond.
Zeus & Company's ...
Southern California Roofing Contractor - Chandler's Roofing, Inc. Earns Esteemed 2012 Angie's List Super Service Award
2012-12-17
Master Elite Contractor Chandler's Roofing, Inc. has earned the service industry-coveted 2012 Angie's List Super Service Award for the third year in a row, an honor awarded annually to approximately 5 percent of all the companies rated on Angie's List, the nation's leading provider of consumer reviews on local service companies.
"It is a tremendous honor to have achieved the Super Service Award for the third year in a row," stated Chandler's Roofing CEO, Brian Hicks. "Having over 50 previous customers from Angie's List who have written overwhelmingly positive ...
CubeSats in Orbit After Historic Space Station Deployment
2012-12-17
Typically satellites launch from Earth, requiring dedicated launch vehicles to propel them into the proper orbit. The cost for this launch scenario could be reduced considerably if there was another way to get the satellites into their optimal orbit. The Japan Aerospace and Exploration Agency (JAXA) found a way to cut the costs of this activity by designing a small satellite launcher, installed recently on the International Space Station.
The Japanese Experiment Module (JEM) Small Satellite Orbital Deployer (J-SSOD) is capable of launching small satellites from the ...
Cartenoids found to reduce hip fracture risk in lean men
2012-12-16
Speaking at the IOF Regionals Asia-Pacific Osteoporosis Meeting, researchers from the National University of Singapore and the Singapore Ministry of Health, announced a study which links carotenoids to decreased hip fracture risk in elderly, lean Chinese men. Elderly who are lean (BMI END ...
3 Steps To Persuading People By Seduction
2012-12-16
Persuasion is common in our everyday lives. From time to time, we either allow ourselves to be persuaded or go about persuading others. It takes more than just friendliness. Here are 3 steps to persuading people by seduction
1. Understand That Persuasion Is Seduction
Whatever business you are in, you promote yourself first through your approach, tone and personality.
If I do not like you, chances are I will not buy from you but if your competitor comes along, I will buy from him or her if I am more comfortable with that person.
Persuasion is seduction. When ...
Timeshare Owners Invited To Get Into The Holiday Spirit With Dial An Exchange
2012-12-16
Global timeshare exchange operator Dial An Exchange (DAE) is celebrating the holiday season with a special online contest where members can record a video message explaining why they love the holidays. And in keeping with the spirit of giving, members submitting entries through the company's http://www.ilovechristmas.tv link will then be eligible for a prize draw to win one of five daeOptions weeks to be given away by DAE.
Integrating mobile technology with social media platforms, members can use their smart phones, tablets or a video camera to record the message, with ...
Grauer School Hosts 8th Annual Holiday Event to Benefit Conner's Cause
2012-12-16
The Grauer School will host their 8th Annual Holiday Charity Cafe Night to benefit Conner's Cause for Children on Thursday, December 20, 2012, in the Great Hall on the school campus in Encinitas. Grauer students will bring a variety of gifts for 100 children who suffer from life-threatening illnesses or injuries and will wrap the gifts while listening to holiday-themed musical performances from the Grauer Visual and Performing Arts department. Conner's Cause for children is a San Diego based non-profit organization founded over fifteen years ago in memory of Conner Champ, ...
LAST 30 PRESS RELEASES:
NHS urged to offer single pill to all over-50s to prevent heart attacks and strokes
Australian researchers call for greater diversity in genomics
The pot is already boiling for 2% of the world’s amphibians: new study
A new way to predict cancer's spread? Scientists look at 'stickiness' of tumor cells
Prehistoric bone tool ‘factory’ hints at early development of abstract reasoning in human ancestors
Study: Vaping does not help US tobacco smokers quit
Insect populations are declining — and that is not a good thing
Scientists discover genes to grow bigger tomatoes and eggplants
Effects of combining coronary calcium score with treatment on plaque progression in familial coronary artery disease
Cancer screening 3 years after the onset of the COVID-19 pandemic
Trajectories of sleep duration, sleep onset timing, and continuous glucose monitoring in adults
Sports gambling and drinking behaviors over time
For better quantum sensing, go with the flow
Toxic environmental pollutants linked to faster aging and health risks in US adults
Jerome Morris voted AERA President-Elect; key members elected to AERA Council
Study reveals how agave plants survive extreme droughts
Aligning Science Across Parkinson’s (ASAP) launches a second funding opportunity to accelerate novel tool development to advance Parkinson's disease research
New study: Eating mangos daily shown to improve insulin sensitivity and blood glucose control
Highly radioactive nuclear waste – how to keep it from oblivion
Generations ‘sync’ up in rural ‘glades’ to boost technology use for health
Unveiling the mechanism of maintenance of replication and transcription in mitochondria
Pioneering research into brain cancer is awarded the world’s largest brain research prize, The Brain Prize
Concrete evidence: Japanese buildings absorb 14% of cement production's carbon footprint
New study examines how physics students perceive recognition
For some, childhood adversity can promote resilience to anxiety disorders
A sustainable iron catalyst for water oxidation in renewable energy
Cloud–radiation feedbacks found to be key to the diverse tropical pacific warming projections
Body image perceptions take shape from early childhood, psychologists reveal
Can long-term use of anti-inflammatory medications prevent dementia?
Review supports introducing small amounts of food allergens during early childhood
[Press-News.org] YPI Joins Forces with Foreign Exchange Specialists 'Currencies Direct'As the size, frequency and cost of international money transfers increases throughout the yachting industry, YPI has partnered with foreign exchange specialists, Currencies Direct, to help its clients and crew save on all international transactions.