MIAMI, March 6, 2002 (PRIMEZONE) -- InterCredit, Inc., a licensed, bonded and registered fund transmitter, became The Official Foreign Exchange Broker of The Spain-United States Chamber of Commerce, as announced by Alfonso de Goyeneche, Executive Director of the Chamber in Miami, Florida.
"We are very pleased to have InterCredit, Inc. as the Official Foreign Exchange Broker of The Spain-United States Chamber of Commerce," said Goyeneche, at the Euro Seminar held on January 25, 2002, where InterCredit, Inc. was a participant and sponsor of that event.
InterCredit, Inc. operates from its offices in Miami, Florida, and specializes in Foreign Exchange: Payments, Risk Management and Trade Financing.
Its clients include Banks, U.S. and European Manufacturers, Importers and Exporters, as well as Tour Operators.
"What makes us different from other foreign exchange companies is that we are not only offering discounted foreign exchange rates, but we provide flexible hedging tools to small- and medium-sized companies that were previously only available to large and financially-sophisticated companies: "We want them to increase their competitiveness in global markets," said Ruben Saavedra, CEO and co-founder of InterCredit, Inc.
"We also strive to provide and deliver companies, regardless of their size, with a first class foreign exchange service. All our clients are frequently updated through our Web site, www.intercreditusa.com, about the market conditions and advised when these conditions start to move in their favor," added Saavedra.
"The continuing growth of International Trade, the expansion in global finance and the introduction of the euro as a single currency for 12 European countries has provided fertile ground for the euro to evolve into an international trade currency. "All companies need to be aware of the advantages of using foreign exchange as a profitability tool," concluded Saavedra.
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