When you decide to establish an export market for your products and goods, employ the right people to assist right from the outset. We will be able to transfer money overseas for you with no transfer fees involved and online tracking in place all times which is user-friendly in particular for those individuals that need to transfer money regularly. The chances are that you will be travelling on a regular basis for business purposes, too, so this is where a prepaid travel card will afford you the safest travel currency which is fuss-free and really quite simple to use.
You will save yourself complications and a whole lot of money by signing up with your Forex agent who will be only too happy to handle all your money issues pertinent to your export business. We will be able to find the solution that best suits your individual needs whether it is spot, fixed or forward payment.
A spot contract is buying currency at the present exchange rate at the time the transactions take place and payment is made within two working days; this is usually for deposit payments, but could also be for full payment, depending on availability of funds.
A spot contract is undertaken when you buy currency at the prevailing exchange rate at the time of the transaction and payment is made within two working days. This transaction is typically used for deposit payments or for full payment if the funds to pay for the transaction are available.
Usually cash in advance offers the best protection for the exporter. In third world countries the exporter will often need money upfront and require monies to operate their business. This is where we are able to step in to assist.
Forward currency is a contract when the exchange rate is fixed for up to twenty four months. Seal the deal with a deposit, and in today’s olatile market you won’t be left in a vulnerable position if the rates shoot through the roof. If you are exporting products you will gain and have peace of mind if the market does suddenly skyrocket.
For these options and other low-cost and secure money transfers for both business and personal needs contact us today to find out more.
