Regardless of the size of your business you may find yourself in a position where you need to make an international money transfer, be it a one-off occasion or on a regular basis. Reasons for making a business money transfer include; purchasing goods and services for your business overseas or paying royalties and wages.
It could be that you’re starting a new online business or expanding your existing business and for the first time you’ll need to make regular business to business (B2B) international payments to a supplier, contractor or possibly even staff in an overseas office.
Looking for an easy and reliable way to set up a regular international transfer for your overseas business transactions? Well, whether it’s for making recurring payments for goods you’re importing or freelancers you’ve employed, you need to have an efficient foreign exchange account in place that doesn’t affect your company’s profits.