Small business owners are ever more likely to be working with a variety of currencies as technology has allowed even the smallest of enterprises to trade on the global market. But most banks often charge hefty overheads for foreign exchange for business.
Here’s our top 3 tips on how to avoid losing money on your company’s currency conversion.
Find a specialist multi-currency account
The overheads that banks charge for international business transfers have irritated many an SMB owner over the years. A natural progression from this has been a growing number of specialist multi-currency accounts.
These accounts aim to transfer and convert your currency at a fraction of the cost of the big banks.…Continue reading