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Where can I obtain the necessary information & advice on foreign exchange & the various methods of protection?

If you do not wish to use the exchange rate risk cover provided by SELECT AUTOMOTIVE, the first port of call is either to a local bank or building society foreign exchange desk. From our experience it is dependent on the size of the branch you attend to how good the info & advice is. The larger branches tend to have staff who have dedicated knowledge on foreign exchange matters. Always consult your bank or building society first, as it will give you a benchmark for comparison.

Alternatively SELECT AUTOMOTIVE work together with the 4 Less Group`s currency arm Currencies4less, money brokers located in the City of London who work only in foreign exchange - www.currencies4less.com. Their job for our clients is firstly to better the rate of exchange given by your local bank and building society and secondly to give our clients the benefit of their knowledge of the different financial instruments one can use to protect against currency movements.