The world is not short of currency exchange services.

You have the banks; the online apps; the hybrid brokers.

It’s a crowded and very competitive marketplace.

So, what possessed me to start my own brokerage after a successful career working for various banks and brokerages for 34 years?

And in 2020, in the middle of a pandemic!

The idea had been brewing for a while.

In a nutshell, I saw a gap in the market.

When I started in the City of London in 1985, there were no computers and no internet. Business was done the only way business had been done for hundreds of years. By people talking and negotiating with people.

In the following 34 years, the whole financial services industry and specially the foreign exchange market has moved completely away from the traditional relationship-based business models to only offer clients transaction-based largely tech only answers. 

You know the one, “Computer says NO!”

So, why set up Cosmos?

The idea behind Cosmos is simple enough.

Its to marry the best of the ‘old school’ relationship-based business models of yesteryear with ‘new school’ technology.

Then into the mixture you add 

  • A pro-active, not a reactive methodology. Currency exchange rates change every 3 seconds night and day. That is 28,800 changes every 3 seconds. The problem with reactive business models is that it’s just potluck when the client makes contact as to whether the timing rates wise is good, bad, or indifferent. 

    Instead, at Cosmos, we will actively monitor the currency markets so to alert clients to opportunities as they arise.

  • Local collection accounts so clients based in the USA, Canada or the EU do not have to go through the hassle and cost of sending their funds to London based USD, CAD and EUR accounts but instead simply do a local online bank transfer to get their funds into our client collection accounts in New York, Toronto, and Frankfurt.

  • The whole financial services industry talks endlessly about customer service. 
    But let’s face it. 
    Most of it is just that, 
    talk.

At Cosmos, we must take our customer service seriously, our business depends on it.

Why?

Because we do not market or advertise. We do not cold call.

Instead, we are 100% reliant on referrals so we only work with warm leads. 

We think that speaks volumes. 

Whether you are a private individual, charity, or business; whether your requirement is large or small, Cosmos can help you get the most out of your requirement by treating you as the individual you are. We have access to over 35 currencies and can receive funds from and send funds to over 50 countries around the globe.

Because one size does not fit all.

For more information, see https://cosmoscurrencyexchange.com/ ; call us on 0044 (0)300 124 6409 or email [email protected]

TONY REDONDO
Founder Director
Cosmos Currency Exchange
23.04.2022

Published On: April 27th, 2022 / Categories: Finances, Finances post /

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