EquineFX.com are a specialist London-based foreign exchange broker that provides the equine industry with, what it claims are, market leading exchange rates when making or receiving payments from overseas.

 

Antony Lemon, of Equine FX, said: “Many owners and riders simply send money through their high street bank or building society not realising that this could be costing them thousands.

 

"We aim to provide a quick secure service that will save money at a time when most riders are tightening their belts.”

 

Maria Clayton of the BSJA is looking forward to the new initiative.

 

She said: “Currency exchange plays a pivotal role in our sport whether it be in respect of the global buying and selling of horses or in respect of the contested prize funds which run into millions each year alone.

 

"In EquineFX we have a partner which we truly believe will not only be able to assist the sport but with a service that has been long awaited for."