The Currency Account Blog

Rishi Patel, Managing Director, The Currency Account

What is it costing you to process cross-border payments?

What is it costing you to process cross-border payments? Most individuals have come to accept a degree of uncertainty and seemingly excessive price inflation when processing international payments. Banks and other main stream financial institutions usually use reference terms for their costs such as “transaction fees”,..
by Rishi Patel, Managing.. | 18/04/2019
Rishi Patel, Managing Director, The Currency Account

What Influences Foreign Exchange Rates?

If your business is involved with trade between different countries, or needs to make payments abroad, you will no doubt have an interest in currency exchange rates and will have noticed the impact a sudden rate change - for better or worse - can have on the profitability of each transaction. Fluctuation in currency rates can drastically alter..
by Rishi Patel, Managing.. | 18/03/2019
Rishi Patel, Managing Director, The Currency Account

How to protect your business from FX fluctuations

Businesses that trade internationally or have operations overseas are likely to be exposed to foreign exchange risk arising from volatility in the currency markets. The most common cause of foreign exchange exposure arises from having to make overseas payments for your imports priced in a foreign currency or receiving foreign currency receipts..
by Rishi Patel, Managing.. | 08/03/2019
Rishi Patel, Managing Director, The Currency Account

Five ways a specialist currency provider improves international trade for SMEs

Companies trading internationally have to be very careful about how they facilitate payments in both directions. Whether making or receiving payment, customer relationships ride on smooth transactions that are equitable to both parties. Banks are one vehicle for facilitating international payments; specialist currency providers are..
by Rishi Patel, Managing.. | 05/03/2019
Rishi Patel, Managing Director, The Currency Account

Five things to consider when buying a property abroad

Do you dream of making a life-changing decision and buying property abroad? Whether you have your eye on retiring to a French farmhouse or buying a holiday home in the heart of Florida, the dream of owning property in a foreign country isn't a decision you should rush. Take time to do your homework and be financially savvy throughout the..
by Rishi Patel, Managing.. | 01/02/2019
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