Custom House has opened up shop in Singapore, the firm’s first Asian office.
With the new office opening, Custom House is bringing its Global Payments Service with its tailored foreign exchange solutions to corporate clients in Singapore. Key to the company’s success here, as in other international markets, are ‘custom-fit’ FX solutions to meet client requirements with very competitive foreign exchange rates, flexible options and personalized service.
“With Singapore we begin a new chapter for Custom House,” said Fraser Jeffries, Vice President, Asia Pacific for Custom House Global Foreign Exchange. “It’s our first branch in Asia and a strategic gateway to the east as we begin to make our presence felt here. During the past three years we’ve built a $US2.5 billion book of business in Australia and New Zealand. I’m confident we can rival that success in Singapore and the region.”
“The government of Singapore has granted us a unique Capital Markets Services Licence,” said Jeffries. “Regulated under the Securities and Futures Act, this licence will enable Custom House to provide Singaporean businesses with an extremely competitive and credible alternative to local banks. I believe we are the only dedicated FX provider to be awarded such an auspicious contract in this market,” Jeffries added.