

World First has a dedicated team that looks after production companies, offering professional advice on ways to protect you from adverse exchange rate moves to ensure you stay on budget. Currency risk management is an area that you may have overlooked until now. Many production companies haven't had access to professional advice and the associated benefits and as a result of the volatility in exchange rates over the last 18 months you may have been caught out or had profits severely dented on overseas shoots.
World First saves you money by providing better exchange rates. Exchange rates offered by the banks can cost you up to 3% more. We can advise you on sensible currency rates to include in your budget at the pitching stage and then, if you get 'green-lit' on the job, we can structure your funds to make sure you achiever these rates or better, for the duration of the shoot.
For sums over £100,000 we can offer you currency options. These enable you to protect yourself from adverse exchange rate moves which guarantees your budget and enables you to receive a better rate if the market improves, thereby increasing your profits on the project. We are one of the first foreign exchange brokers in the UK that is FSA authorised to provides currency options for our clients.