About Us
Company Profile
It is essential to control escalating costs in order to stay competitive in today's global economy. Commonwealth Foreign Exchange (Comfex) was founded in order to help your company achieve success in the international marketplace through efficient foreign exchange strategies. Helping your company maximize the use of foreign currencies to improve the bottom line is an important component of our business.
Commonwealth Foreign Exchange does not seek to replace, but rather complement your existing domestic banking relationship. Specializing in corporate foreign exchange, we are able to focus our expertise on your foreign payables and receivables. Our top priority is to develop a long-term mutually beneficial relationships with each of our clients.
Unrivaled Service
The staff at Commonwealth Foreign Exchange will impress you with their unparalleled commitment to customer service. You will have an Account Executive dedicated to making your experience with us truly rewarding. Easily accessible by phone or email, your Account Executive is available to answer questions, provide exchange rate market commentary and to assist you with any international transactions you have. Your business is important to us and you will find that our unrivaled service will help with your success.
At Commonwealth, we realize that each client is unique and has distinct needs. We strive to tailor your service so that all transactions are smooth and efficient. As corporate foreign exchange experts, we leverage our foreign exchange spot and forward market expertise on your behalf. Proactively monitoring the currency markets, the Commonwealth staff allows you to stay apprised of favorable market movements that can often result in significant savings.
Corporate Foreign Exchange is our primary business. By minimizing the time you spend dealing with your international business transactions, Commonwealth allows you to spend more time concentrating on your core business. Our goal is to provide you with a level of service unsurpassed in the industry.
Consistent and Competitive Exchange Rates
Commonwealth provides clients with fair and competitive exchange rates. Regardless of the size of your company or the volume of international trades, Commonwealth Foreign Exchange will treat your company as if it were part of the Fortune 500. We do not charge any fees to set up and maintain accounts, and unlike banks, we do not charge monthly analysis fees. We offer all clients consistently competitive exchange rates. Call today to compare for yourself.
Credibility
Incorporated a decade ago, Commonwealth Foreign Exchange has quickly become a leader in the foreign exchange industry. We do not service retail clients, allowing us to focus our expertise on sophisticated commercial entities. Our clients include financial institutions and multinational corporations, as well as small businesses and sole proprietorships. Our four offices in the U.S. handle transactions for close to 6000 corporate accounts of all sizes.
Commonwealth Foreign Exchange is held to the same high standards and rigorous scrutiny as banks and financial institutions. As a member of the National Futures Association (NFA), we are examined on a regular basis to ensure adherence to strict anti-money laundering and financial requirements. We are required to maintain a robust compliance program designed to protect our clients' interests in accordance with NFA regulations.
Commonwealth Foreign Exchange, Inc. is registered with the Commodities Futures Trading Commission as a Futures Commission Merchant and a Commodity Trading Advisor. The firm is also licensed to engage in the business of Electronic Money Transfers and the Sale of Checks.
Simplicity and Efficiency
Service, Simplicity and Savings describe Commonwealth Foreign Exchange. We offer you a number of convenient platforms for your international transactions. Ordering is as easy as a phone call, fax, or email. You may also choose to use our highly efficient and secure Internet-based online service. There is no software necessary and with real time exchange rates and stored beneficiary information, ordering your international transactions has never been easier. Additionally, you will always have your own Account Executive just a toll-free call or email away. Even if you use the online platform, you may also benefit from our proactive currency monitoring. Corporate Foreign Exchange processing is our primary business, allowing us to offer you the most simple and effective method to handle your international transactions.