Potential savings from booking FX rates early
Imagine the world where hotels or airlines only allow you to buy their services when you're about to use them and room rates or ticket prices fluctuate all the time. Otherwise pleasant anticipation...
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Why are international payments still broken for SMEs?
Regulators have been pushing for more fairness and transparency, and new players and technologies have driven the costs of international payments down for retail and corporate clients. However,...
International payments fraud: what you need to know
“What do you mean you did not get our payment?!” Your heart sinks as you realise you may have been a victim of payment fraud. This faceless crime affects thousands of individuals and businesses in...
Foreign invoices and receipts in Pound Sterling
Send invoices in Pounds Sterling, get paid by overseas customers in their currency, and forget about messy reconciliations.
The cost of doing business across borders
Few small businesses and their accountants proactively manage the costs of doing business internationally. Some turn to fintechs such as Wise, WorldFirst and Airwallex to reduce the costs of...
Sell worldwide and keep the predictability of trading in Pounds Sterling
Everyone in international trade prefers to stick to doing business in their currency. However, when buyers and sellers are from different countries, someone usually has to give in. Usually, it is a...
Protecting your business from currency swings
We've started the new season with appalling news for Pound Sterling. It's kind of nostalgic now to think back about the spring when the economy was more or less blossoming shily despite all the...
FX international payments tracking guide
Although international transfers have become a lot faster and cheaper over the last decade, now and then an occasional payment takes longer than usual and depending on your chosen provider and mode...
How to deal with FX uncertainty during volatile markets
The US Fed has delivered its 2nd consecutive hike of 0.75%, maintaining its position as one of the most aggressive central banks in an ongoing battle to control inflation worldwide. However,...
How tech & accountants can help SMEs
For the first time in decades, the world economy enters a potentially prolonged period of economic uncertainty - not simply because of Covid-19 and the war in Ukraine. The last two decades saw...