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Your Trusted Foreign Exchange Provider
Who are WirePay?
 WirePay is the US subsidiary of London based foreign exchange
trading house Infinity International, Ltd.
 Operating since March 2012
 We are registered with FinCEN (US Department of Treasury)
 We are also Bonded and Licensed in Commonwealth of MA
 Our management team has over 50 years collective experience
 We have over 3000 clients globally on our books
 We currently execute on average over 100 international wires daily
Who is Darren Hutchinson?
 I personally have 13 years experience in FX markets.
 In 2000 I started at FX Solutions as a trainee, left as Senior Trader
 In 2006 I formed Axia Fx Ltd and sold my stake in 2009.
 Moved to US in 2009.
 Became 2010 Foreign Relations Director Boston Merchant Financial
 Incorporated WirePay in 2012.
 Left Boston Merchant Financial this year.
 I am married to Pamela who is from Acushnet.
 We have a 2 year old Son Max and another baby due in March.
What is Foreign Exchange?
Foreign Exchange (forex, FX, or currency market) It is the largest
traded financial market in the world with a daily turnover of $5
Trillion Dollars, with London being the dominant force of that
turnover.
THERE ARE 168 DIFFERENT
CURRENCIES IN THE WORLD
The world is a smaller place!
What we did for Wine importer?
 Benchmarking against their current currency supplier.
 Historic price matching across their last 5 invoices.
 Suggest trading strategies to protect their profit against exposure
 Make sure that they are correctly “HEDGED” against the Euro
 Result saving them over $20,000K per year
What is a Currency Hedge
In very simple terms, currency hedging is the act of entering into a
financial contract in order to protect against unexpected, expected
or anticipated changes in currency exchange rates.
What we did for Tour Operator?
 Make sure they are getting the best rates of exchange.
 Provided them a better foreign exchange price by 0.5%
 Reduced their wiring yearly fees from $9K to $3150.00
 Gave them online technology to make batch payments
 Total saving per year $9150.00
What we did for client sending funds to Israel?
 Secure method rather than sending checks overseas
 Make sure they are getting the best rates of exchange
 Provided them with a cheaper solution to collect funds domestically
 Reduced their wiring yearly fees from $40.00 to $2.00
 Gave them online technology to make payments
 Streamline regular monthly payment to a effortless solution
 Saving per year $1,536.00 on their regular payments
What you will get from WirePay?
 Competitive foreign exchange rates
 Reliable, transparent service
 Dedicated account manager
 Security compliant and regulated
Companies that will benefit from WirePay services
 Import or export goods
 Deliver services in overseas locations
 Engage in cross border trade
 Own or manage overseas assets and facilities
 Compete in the international business arena
Why Individuals will use WirePay o
 Transfer funds to an offshore location
 Regular monthly payment mortgage, pensions or dividends
 Emigrating to a new country
 Buying high value items antiques, art or fine wine
 Acquiring or selling property in another country
Who would be great clients for WirePay

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Presentation1

  • 1. Your Trusted Foreign Exchange Provider
  • 2. Who are WirePay?  WirePay is the US subsidiary of London based foreign exchange trading house Infinity International, Ltd.  Operating since March 2012  We are registered with FinCEN (US Department of Treasury)  We are also Bonded and Licensed in Commonwealth of MA  Our management team has over 50 years collective experience  We have over 3000 clients globally on our books  We currently execute on average over 100 international wires daily
  • 3. Who is Darren Hutchinson?  I personally have 13 years experience in FX markets.  In 2000 I started at FX Solutions as a trainee, left as Senior Trader  In 2006 I formed Axia Fx Ltd and sold my stake in 2009.  Moved to US in 2009.  Became 2010 Foreign Relations Director Boston Merchant Financial  Incorporated WirePay in 2012.  Left Boston Merchant Financial this year.  I am married to Pamela who is from Acushnet.  We have a 2 year old Son Max and another baby due in March.
  • 4. What is Foreign Exchange? Foreign Exchange (forex, FX, or currency market) It is the largest traded financial market in the world with a daily turnover of $5 Trillion Dollars, with London being the dominant force of that turnover.
  • 5. THERE ARE 168 DIFFERENT CURRENCIES IN THE WORLD The world is a smaller place!
  • 6. What we did for Wine importer?  Benchmarking against their current currency supplier.  Historic price matching across their last 5 invoices.  Suggest trading strategies to protect their profit against exposure  Make sure that they are correctly “HEDGED” against the Euro  Result saving them over $20,000K per year
  • 7. What is a Currency Hedge In very simple terms, currency hedging is the act of entering into a financial contract in order to protect against unexpected, expected or anticipated changes in currency exchange rates.
  • 8. What we did for Tour Operator?  Make sure they are getting the best rates of exchange.  Provided them a better foreign exchange price by 0.5%  Reduced their wiring yearly fees from $9K to $3150.00  Gave them online technology to make batch payments  Total saving per year $9150.00
  • 9. What we did for client sending funds to Israel?  Secure method rather than sending checks overseas  Make sure they are getting the best rates of exchange  Provided them with a cheaper solution to collect funds domestically  Reduced their wiring yearly fees from $40.00 to $2.00  Gave them online technology to make payments  Streamline regular monthly payment to a effortless solution  Saving per year $1,536.00 on their regular payments
  • 10. What you will get from WirePay?  Competitive foreign exchange rates  Reliable, transparent service  Dedicated account manager  Security compliant and regulated
  • 11. Companies that will benefit from WirePay services  Import or export goods  Deliver services in overseas locations  Engage in cross border trade  Own or manage overseas assets and facilities  Compete in the international business arena
  • 12. Why Individuals will use WirePay o  Transfer funds to an offshore location  Regular monthly payment mortgage, pensions or dividends  Emigrating to a new country  Buying high value items antiques, art or fine wine  Acquiring or selling property in another country
  • 13. Who would be great clients for WirePay