Associated Foreign Exchange
| About us | Bonded and licensed in virtually every state in the U. S. A., AFEX has been offering its clients an economical and efficient means of managing international payments since 1979. Unlike banks and other financial institutions where foreign exchange is supplemental to their core business, AFEX specializes exclusively in the business of foreign currency conversion and global remittances. This focus enables AFEX to offer superior exchange rates and services to companies transferring funds abroad. Serving a diverse client base, AFEX recognizes that different companies have different goals when managing their foreign exchange requirements. AFEX takes pride in tailoring its services to meet the distinct needs of each company. WIRES AND DRAFTS AFEX maintains over twenty foreign banking relationships, enabling fast and efficient execution of draft and wire transfers. AFEX has the facility to transmit wires via SWIFT and by bank-to-bank transfers within the destination country. SIMPLICITY AND CONVIENIENCE You never have to leave your office to do a transaction with AFEX. Orders can be placed over the phone at 818 728 3805, by fax at 818 386 2709, or by e-mail at lkim@afex.com. PROCESSING INCOMING FOREIGN PAYMENTS This service enables quick and easy processing of international receivables, as well as giving the receiving U. S. company the advantages of AFEX exchange rates. FORWARD CONTRACTS AFEX offers forward contracts to enable clients to lock in exchange rates today for future foreign payment requirements. An excellent tool for locking in profit, AFEX forward contracts require a deposit of only ten percent and require no maintenance fees. CONSIGNMENT ACCOUNTS Buy a block of foreign funds when the exchange rate is at a level you find desirable, and use the foreign funds as you need them. Consignment accounts also eliminate the need to maintain a bank account overseas. Consignment accounts are available in all major currencies and provide corporate clients with local access to international funds. BANK DRAFTS Bank drafts issued in foreign currency are a quick, easy and inexpensive way to pay your company's obligations. Drafts are drawn on our international corresponding banks and issued from our offices. We will send them to you via mail or FedEx. BANKNOTES As a major trader of banknotes and currency dealers, AFEX can offer banknotes at exceptional rates to clients whose employees need to travel internationally. Our wholesale banknote department will buy or sell foreign currency notes to accommodate your travel needs. AFEX can transact in all major, and most exotic, currencies. COMMITMENT TO EXCELLENCE When AFEX talks about meeting the foreign exchange needs of its clients, we're referring to the rare combination of highly competitive exchange rats and personalized service. AFEX differentiates itself from other firms in the foreign exchange industry by tailoring its services to meet specific needs of its customers. AFEX is constantly investing in the development of new processes and technologies. Through constant evaluation and evolution, AFEX ensures that it provides unsurpassed reliability, responsiveness, service and security. Within the past decade, the focus of global relations has shifted from politics to economics. Corporate customers of all sizes, in all industries, feel the impact of an ever-fluctuating foreign currency market. That is why AFEX is an invaluable business partner. That is why you have to call me for your foreign exchange needs. |
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| Industry Focus | Investment Consulting |
| Products/Services | Foreign currency exchange.Wire transfers.Forward contracts.Consignment accounts.Consignment accounts.Foreign currency bank drafts.Banknotes. |
| No. of Employees | 101 - 500 People |
| Annual Sales Range(USD) | Above US$100 Million |
| Legal Representative(CEO) | Lewis Kim |