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Premier FX administrators appointed - instructions issued to former clients

PremierFXA message has been posted on the website of the defunct Almancil business, Premier FX, '"The currency exchange experts,' announcing the appointment of Dina Devalia and Peter Hart, of PKF Geoffrey Martin & Co as joint administrators.

In addition to the shock of the collapse of the business in July, subsequent to the death of founder Peter Rexstrew on June 16th, customers have been appalled at the lack of information issued by the company since its closure on July 20th.

Customers now must to trawl through any old emails and documents to establish their working relationship with the company. It is hoped that such records easily can be matched with those held by the administrators. 

This period of uncertainty now is over and the (unsigned) message reads as follows:

 

"I confirm that Dina Devalia and Peter Hart, of PKF Geoffrey Martin & Co, were appointed Joint Administrators of Premier FX Limited (“the Company”) on 13 August 2018. This appointment was made by the court on the application of the Financial Conduct Authority.

If you have previously sent funds into the Company’s bank account(s) then you are required to provide the information listed below, by either email or post. This will enable the Joint Administrators to address any queries and/or concerns you may have:

Please arrange for this information to be sent to premierfx@geoffreymartin.co.uk, or to be sent by post to the address detailed below:

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

The Joint Administrators are currently carrying out their statutory investigations into the business and the above information will assist them with any queries you may have.

A member of the team will come back to you as soon as possible. In the meantime, please ensure all matters are put in writing.

Should you wish to discuss the matter further then please contact Brooke Overton-Yorke of PKF Geoffrey Martin & Co on 0207 495 1100 should you have any further queries.

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For a Sky News report, click HERE