For small companies and multinational organisations alike, there are several ways to enjoy cost-efficiencies and manage risk when sending or receiving payments abroad.
For small companies and multinational organisations alike, there are several ways to enjoy cost-efficiencies and manage risk when sending or receiving payments abroad.
Choose a rate that’s not yet available on the live market at which it’s preferable to exchange. We’ll keep a 24-hour watch on the market, Monday to Friday, maximising the opportunity to achieve the desired rate. If and when it becomes available, we’ll automatically purchase the currency on our client’s behalf.
Currencies are exchanged on the spot, with the best exchange rate at the time.
A stop loss triggers when the market drops to undesirable levels to protect you against the rate continuing to fall. If the market improves, the stop loss won’t trigger and we will adjust it to more desirable levels.
Whatever the reason your company needs to send or receive money abroad, we can help you efficiently, securely and cost-effectively. Here are some of the most common reasons why clients use us time and time again – but if you have a specific need, please contact us.
Does your business need to regularly make overseas money transfers, such as to pay for imports? The currency exchange rate being offered could prevent getting the best return on your money.
With information such as your annual FX volume, currencies you’re trading and frequency of payments, your AdvancedFX account manager will make money saving recommendations and help you devise a strategy.
The slightest movement in exchange rate can affect your business significantly. Invoicing for exports in foreign currency and converting revenue into domestic currency can make all the difference in profits.
We can help minimise risk and protect your cash flow, whichever countries your company exports to.
Global payrolls can be time-consuming and expensive to manage. As well as ensuring payments are made on time to multiple geographical locations in different currencies, you need to deal with the uncertainty of currency rates and potential risk
At AdvancedFX, we transfer salaries with low fees and excellent exchange rates. Our currency hedging strategies help reduce foreign exchange risk – and minimise staff exposure to market fluctuations. Employees can be paid in their home currency without being affected by high conversion costs and transfer fees, such as those charged by banks. Our Regular Payments service ensures that salaries are always made on time.