The Currency Account Blog

TCA

Hedging Foreign Currency Risk Can Save Charities Money

Charities and non-profit organisations often send money abroad or receive funds from different countries, but many are unaware of how much these transactions are costing them. There are some simple steps that NGOs can take to minimise costs and manage risks when trading in foreign currencies. NGOs and charitable enterprises often work in..
by TCA | 24/09/2018
TCA

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..
by TCA | 24/09/2018
TCA

Should Businesses Hedge Foreign Exchange Risks?

If you regularly buy or sell goods overseas, you will already be familiar with the challenges and opportunities which trading using a foreign currency can create. At its most basic, both the value of your goods and the value of the payment you receive for them (or vice versa) can vary depending on the exchange rate between your currency and the..
by TCA | 24/09/2018
TCA

5 Things To Consider When Buying a Property Aboard

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, making the dream of owning property in a foreign country a reality isn't a decision you should rush. Take time to do your homework and be financially savvy..
by TCA | 24/09/2018
TCA

The Easiest Way For SMEs To Save Money In International Trade

International trade can be very difficult for any small to mid-sized businesses, but doing business at an international level can also be the key to success for many organisations. When trading internationally, it's vital that businesses are able to keep control of costs. These costs can be incurred for a number of reasons, including..
by TCA | 24/09/2018