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Foreign Exchange Security & Regulation

Global regulators are put in place to govern and oversee the business conducted by foreign exchange traders and financial companies facilitating and brokering speculative and transactional business on behalf of third parties. Foreign exchange Regulation is normally governed at local…
Operating Globally? Invoicing In A Foreign Currency Explained

Currency Exchange Fees

It is difficult to provide definitive information on currency exchange fees and margins as these will vary between the various foreign exchange brokers, however the majority of foreign exchange brokers will typically remain within the following thresholds. Fees: Transfers greater…

Regular International Payments

Regular international payments are generally a simple and cost effective way of transferring money overseas on a regular basis. Regular international payments consist of a number of payments transferred to the same beneficiary on a recurring, typically monthly, basis. Regular…

Limit Orders Definition

A Limit Order is when a client nominates an exchange rate they would like to achieve.  The foreign exchange broker will then monitor the market and automatically book the transfer on behalf of the client once the specified exchange rate…
Forward Contracts Definition

Forward Contracts Definition

A Forward Exchange Contract (FEC) allows an individual or business to secure an exchange rate now but for settlement at a specified maturity date in the future.  Usually the forward contract can be secured between one month and two years.…
Spot Rates Definition

Spot Deal Definition

A spot deal is essentially a transaction that is booked, confirmed and settled immediately. In more detail a spot deal is an agreement between a client and a foreign exchange broker to sell one currency and buy another currency at…
Risk Management

Risk Management

Individuals and Businesses may have a need to convert currency for a commercial purpose, such as buying or selling goods and services overseas. If movements in the exchange rate are not managed effectively they can present a significant risk impacting profit margins, cash…
Importers & Exporters

Importers & Exporters

Anyone involved in the import or export of goods is inevitably exposed to exchange rate risk. It is also likely that any fluctuations caused by movements in currency are material to the profitability of the transaction. Many individuals and businesses…
Business Currency Payments

Business Foreign Currency Payments

Any company dealing in foreign currency, either to receive payment for goods and services or to make payments to suppliers, is exposed to financial risk created by fluctuations in the foreign exchange markets. Rather than worry about the varying rates…

Retiring Abroad

Anyone who is considering retiring to a different country from one in which they spent a period of their working life may need to repatriate funds to their new country of residence. If regular payments, such as an individuals pension is…
Overseas Property Purchase

Overseas Property Purchase

If you are seeking new opportunities abroad and have identified the property of your dreams, it is useful to know how to save money in the foreign exchange markets. If a property must be purchased in a foreign currency, then…
Emigrating

Emigrating

The decision to emigrate to another country is one which is not taken lightly. Many people are attracted by the promise of a better lifestyle but the process of transferring assets to another country can be difficult and costly if…
Overseas Investments

Overseas Investments

Individuals or businesses who have a need to make a large one off payment in a foreign currency can save on the cost of the transaction by engaging the services of a foreign currency broker regulated by the FCA (Financial…
Airport View On Planes

Repatriating Money From Overseas

Dealing with an overseas property sale or liquidation of assets can be extremely challenging, often you can find yourself dealing with an agent or realtor that you have probably met a handful of times. Often you will be liaising remotely…
Foreign Exchange Contracts

Types of Foreign Exchange Contracts

A specialist foreign exchange company will offer a number of foreign exchange contracts and solutions which are ideal for companies or private individuals with foreign exchange needs: Spot Contract The Spot contract can be used to buy one currency and…