UK-based Barclays Wealth, a leading global wealth management firm, has launched a free online tool which monitors foreign exchange rates for its clients.

Barclays Wealth iAlert allows clients to monitor up to 75 currency pairs, with subscribers to the FX service receiving email alerts to inform them when their pre-selected currency pairs reach the upper and/or lower levels identified.

In addition, through the iAlert website, clients can now access real-time foreign exchange data including current and historical currency rates and extensive Barclays Wealth research and market commentary as well as FX tutorials including videos on the basics of FX and buying a property in a foreign currency.

“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,” said Shaun Phillips, managing director, Barclays Wealth International.

“Barclays Wealth iAlert is a valuable, time-saving addition to our foreign exchange service and is complimented by access to research publications and tutorials including case studies and online demonstrations which are designed to enable clients to make more informed decisions.”

Barclays Wealth iAlert is available to all existing clients and individuals who are not clients are invited to sign up to a free 60-day trial. The trial period will be extended to any individual who opens an international bank account with Barclays Wealth International. – TradeArabia News Service