🏢 Client Profile
A leading pharmaceutical manufacturer exporting to the US and Europe. With high-volume transactions, their monthly USD exposure typically ranges between $10 million to $15 million.
📉 The Challenge
The bank was charging a margin of 30 paisa per transaction. This hidden cost was eating into profitability silently.
🚀 The Myforexeye Strategy
1. The Audit
We conducted a historical audit, comparing booked rates against real interbank data to prove the overcharging.
2. The Negotiation
Myforexeye dealers negotiated directly with the bank's treasury, forcing them to align with market reality. We brought the quote down to 12 paisa.
3. The Final Deal
Empowered by our data, the client secured a final fixed rate of 10 paisa—even lower than our initial target.
Financial Impact
"The client demonstrated a sustainable improvement in their forex management practices."