That’s right.
It is important that you open the foreign currency account promptly so the client can receive payments from their exports without delay. At the same time you engage your Global Markets Specialist so they can identify the client needs and offer foreign exchange risk management solutions where required.
Not quite.
As a banker, you should not be discussing foreign exchange products and should instead be engaging your Global Markets Specialist.
The Global Markets Specialist may be in contact with the client, but you should never assume their knowledge of important client information and you should always work in partnership with your Global Markets Specialist to achieve the best client outcome.
Early engagement is key to achieving the best client outcome.
