Foreign Exchange provides opportunities for business savings. It is also simple to check and implement.
The first step is to ask one simple question. What rate (or margin) are you paying to your current supplier?
Most organisations we talk to are unable to get a clear answer from their supplier.
Why? Because a lack of transparency enables suppliers to manipulate margins. And their profits!
A basic understanding, as well as the right supplier, makes a world of difference.
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No matter how many businesses we talk to there is a lot of confusion around the topic of foreign exchange (FX). And by talking to businesses we mean talking to people in those businesses. Often [...]