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Premier FX collapse – What to do next for customers

The following, wherever possible, should be included:

  • Copies of any contract or agreement documents with Premier FX
  • Evidence of the total amount of money sent to the company
  • A schedule of payments made to Premier FX (including details of the currency and any instructions made to the company in this respect
  • Copies of bank statements confirming payments to Premier FX
  • Details of the specific Premier FX account or accounts paid into

These details should be sent to:

PKF Geoffrey Martin & Co
1 Westferry Circus
Canary Wharf
London
E14 4HD

Customers can contact the administrators using the following details: Email: premierfx@geoffreymartin.co.uk
Tel: 0207 495 1100

If you have been affected by the Premier FX collapse, and have been trying to contact the firm, you are advised to now send all correspondence, in writing, to the administrators.

Various investigations are being launched and news reports suggest that the Bank of England and the Financial Ombudsman are already involved alongside the Financial Conduct Authority.

While the inevitable worry and uncertainty that expat investors must be feeling is understandable, at the very least the knowledge that a process of investigation is now underway should hopefully mean that answers, and hopefully financial restitution, will be provided at some time in the future.

Other News

Expats in Spain not happy with Brexit deal

EU FlagRecent Brexit negotiations have not gone down well with many expats living in Europe. And this latest move may mean that receiving financial guidance, such as pension transfer advice for expats, is more crucial than ever to ensure a smooth transition into life as an expat in a post-Brexit world.

Theresa May has reached a phase one Brexit agreement with the EU that covers citizen’s rights (as well as the divorce settlement and the UK’s EU borders), which now means talks between Britain and Brussels can progress on to trade. But instead of giving Britons living in Europe the freedom they were hoping for, the agreement has instead caused anger across several different expat communities, including a very prominent group in Spain, the country with the largest number of British expats: 296,000 in 2016, according to the Institute of National Statistics.

Read More

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