Upcoming UK Referendum on continued EU Membership and important information regarding your Currency Matters Account.

Important information regarding your Currency Matters Account. Please read this information carefully.

 

If you have any upcoming currency requirement, particularly for settlement in June or July, please read the information below and contact the Currency Matters dealing team by telephone +44 (0) 1695 581 669 or email info@currencymatters.co.uk .
The UK Government is holding a Referendum on Thursday 23rd June asking: “Should the United Kingdom remain a member of the European Union or leave the European Union?”
The result of the Referendum is due on Friday 24th June. The outcome of this Referendum is difficult to predict and it is anticipated that there will be a significant market reaction to the outcome of this Referendum. In the currency markets, it is predicted that if the UK vote to remain in the EU then the Pound could appreciate, whilst in the event of a leave vote, the Pound could depreciate in value, perhaps sharply. The period of increased volatility could last for some days depending on the outcome.

 

As a result, Currency Matters need to make you aware that there will be changes to our standard client dealing procedures.  These changes have been detailed to you in an email sent 16/06/16. If you have not received the email or if you have any questions please contact ypur account manager or the dealing team on telephone +44 (0) 1695 581 669.

 

Therefore, if you have any currency requirements which need to be paid during this period it is advisable that you arrange the transaction ASAP and make payment to Currency Matters so that we receive funds in advance of Tuesday 21st June.
Currency Matters Limited