For Business FAQs

| Friday, September 25th, 2015


If you make or receive international payments, using a money transfer provider as opposed to your bank can help you run your business better and improve your overall cash flow. Your provider can do much more than simply beat your bank’s foreign exchange rate.

In what ways will using a money transfer provider help my business

If you are used to using your bank to make your overseas payments, consider using a money transfer provider who can:

  • Beat the rate your bank offers you, meaning more money for your business
  • Provide hedging and forward products to remove future exchange rate risk, meaning better budgeting for your business
  • Provide you with automated payment systems making multiple foreign payments much easier and saving you and your finance team time
  • Provide you with a dedicated account executive and specialist currency team to advise your business directly on your unique foreign exchange needs

With all these factors combined, you can improve the cash flow and simplify the financial management of your business. All you have to do is use FXcompared to choose a money transfer broker and away you go!

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Mon-Fri 10am-6pm (EDT) is an fx money comparison site for international money transfer and to compare rates from currency brokers for sending money abroad. The website and the information provided is for informational purposes only and does not constitute an offer, solicitation or advice on any financial service or transaction. None of the information presented is intended to form the basis for any investment decision, and no specific recommendations are intended.  FXC Group Ltd and FX Compared Ltd does not provide any guarantees of any data from third parties listed on this website. FX compared Ltd expressly disclaims any and all responsibility for any direct or consequential loss or damage of any kind whatsoever arising directly or indirectly from (i) any error, omission or inaccuracy in any such information or (ii) any action resulting therefrom.