Barclays Wealth International has launched an online tool which monitors forex rates. Called Barclays Wealth iAlert, the tool allows for the monitoring of up to 75 currency pairs.
The service is being made freely available to clients and subscribers to the service receive email alerts informing them when their pre-selected currency pairs reach the upper and/or lower levels identified.
In addition, through the bespoke iAlert website, users can access real-time foreign exchange data including current and historical currency rates, research and market commentary, and forex tutorials which cover the basics and what’s involved when buying a property in a foreign currency.
Commenting on the launch of iAlert, Managing Director Shaun Phillips, said, “For our clients, having access to up-to-date information on foreign exchange rates is an important factor in managing their wealth effectively, yet few people have the time to watch currency rates as closely as they would like to. Barclays Wealth iAlert is a valuable, time-saving addition to our foreign exchange service and is complemented by access to research publications and tutorials including case studies and online demonstrations which are designed to enable clients to make more informed decisions.”
Individuals who are not clients may sign up for a free 60 day trial. The trial period will then be extended to any individual who opens an international bank account with Barclays Wealth International.
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