Date: 12 Sep 2025
Audit & Negotiation Success

Optimizing Forex Margin Rates for
Tiruppur-based Clothing Exporter

How we uncovered a 20-paisa discrepancy and negotiated a 90% reduction in forex margins for a leading clothing exporter.

Monthly Turnover
$0M
USD Exports
Bank Charged
0paisa
Hidden Premium
Negotiated Rate
0paisa
90% Reduction

👕 Client Profile

A prominent clothing exporter based in Tiruppur, the knitwear capital of India. With a monthly turnover of $6-$7 Million, they typically book 70-80% of their exposure in bulk for 6 to 8 months ($5-6 Million per booking).

Textile Industry Bulk Booker USD/INR

⚠️ The Breach of Trust

The client had an agreement for a 10 paisa margin. However, the bank was silently charging 25-30 paisa per transaction. On a $6 Million bulk booking, this 20-paisa discrepancy resulted in massive, unnoticed losses.

Bank Actual Charge 30 Paisa
Original Agreement 10 Paisa
Myforexeye Negotiated Rate 3 Paisa

🛠️ The Intervention

1. The Rate Audit

We executed 2-3 test transactions to analyze the bank's operating model. The data confirmed the bank was inflating margins despite the volume.

2. Restoring Integrity

Using our audit data, we confronted the bank and successfully forced them to revert to the originally agreed 10 paisa margin.

3. Aggressive Optimization

Leveraging the client's high volume ($6M+), we negotiated further, driving the margin down to a market-leading 3-5 paisa.

Results Delivered

Efficiency
Streamlined Booking
Confident 6-8 month forward planning
💰
Estimated Savings
~₹16 Lakhs*
*Per $6M Bulk Booking (27p saving)

"Myforexeye restored financial integrity and facilitated long-term profitability."