| Friday, October 2nd, 2015

International money transfers for Small Business

The most important financial concern of a typical small business is cash flow. For SMEs who do business overseas, this international element adds a level of uncertainty to business cash flows. What currency will you be paid in? What will the overseas goods you are purchasing going to cost you in three months time? The questions can go on.

As the world continues to globalise and with the reach of the internet, international trade is now an important part of many small businesses. By working with an international payments provider, you can help run your small business better and improve one financial headache by working with them to improve your international payment processes

Our money transfer partners understand how important certainty of cash flow is to the running of your business and will work closely with you to come up with just the right approach for you.

Making international payments - You can streamline your outgoing payments to suppliers in almost any country and any currency. Our partners can work closely with your accounts team and SME accounting packages and processes to ensure the best control and visibility of these payments.

Receiving international payments - provide your customers with easy to use payment options and processes to reduce payment risks on both sides of the transaction

Risk management - you can reduce your exposure to currency fluctuations using simple hedging and forward products which can help stabilise your incoming and outgoing cash flows.

 

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FXcompared.com 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.