The global economy is constantly growing and evolving, why then have the traditional banking system not upgraded to meet the changing the needs of customers? Many businesses are expanding their international interests through import and export activities. Unfortunately, the systems and infrastructure used to support this global interconnectivity and these cross-border transfers is decades old.
Category Archives: Currency Insights
20
Mar
Mar
The aim of this guide is to help businesses understand their forex risk. What can you do to protect your business in times of uncertainty? Why its important to deal with a currency specialist in times like this. South African importers are experiencing serious supply disruptions due to the coronavirus pandemic which is wreaking havoc
26
Feb
Feb
Foreign exchange is all about volume, the more you transfer the better the price you get. Most SME’s don’t have the volumes needed to negotiate better forex rates with the bank. Banks add a hefty mark-up to the exchange rate and it’s not always explained how this mark-up is calculated. The problem with transferring funds
