23.09.2021
Currencies Direct Case Study with VHC Global
Background
Vannin Healthcare Global’s mission is to facilitate healthcare technologies and innovations for improved patient care and safety. In 2020 they became one of the world’s largest suppliers of the medical equipment required to battle the COVID-19 crisis, including surgical masks.
They make international currency transfers to cover supplier and client payments.
Challenges
Vannin Healthcare Global opened an account with Currencies Direct in March 2017, using our
services to make EUR/USD, GBP/EUR and USD/ EUR currency transfers.
The clients’ requirements increased significantly with the onset of the coronavirus pandemic,
and while they had used other providers previously they found they were unable to adapt to the pandemic environment and the company’s need for fast and responsive action to support global patients’ needs.
Our solution
We subsequently helped Vannin Healthcare Global make several payments to suppliers and clients – including a multimillion USD transfer.
By using our services and benefiting from our competitive exchange rates and personalized
account management, Vannin Healthcare Global estimate that they saved over £100k in early 2020. According to CEO Peter van Veen, both the company’s clients and the patients they support
have benefited from our services as faster supply chain payments make for faster deliveries.
'Currencies Direct have proven to be a professional, responsive, reliable international payments provider. Their service is extremely easy to use, and the level of communication has been
invaluable in testing times, as has the superb assistance of our personal account manager.'
— Peter van Veen
CEO VHC Global
To learn more about Currencies Direct's corporate services, contact Anjulie Patel on 020 7847 9255 or anjulie.patel@currenciesdirect.com
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