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FX 101 February 21, 2023
Developing currency hedging strategies for SMEs
With the volatility of foreign exchange rates increasing dramatically over the past months and inflation making the value of...
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FX 101 February 10, 2023
Currency vs money: what is the difference?
The words “currency” and “money” are often used in the same sentence and clouded together, but there is an...
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FX 101 December 5, 2022
Can international bank transfers be reversed?
If you are wondering if international bank transfers can be reversed, or if international bank transfers can be cancelled,...
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FX 101 November 28, 2022
3 Reasons why you should use an FX company for your international payments
An average of $6.6 trillion is traded every day in the world. The forex market is highly competitive, and...
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FX 101 October 21, 2022
How to identify dishonest FX practices
The currency exchange market was a bit of a ‘wild west’ in its early years. Despite increasingly strict foreign...
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FX 101 September 28, 2022
What is FX hedging and how can it protect SMEs?
Global economic conditions have never been more hazardous to businesses than in the past several years. Brexit, COVID, the...
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FX 101 August 16, 2022
How long do international bank transfers take?
International bank transfers are a quick way of sending and receiving money, but it’s not an instant process and...
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FX 101 August 5, 2022
How are exchange rates determined?
Modern domestic economies depend on a system of mutual interdependencies that, tied together, form a single, homogenous global economy....
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FX 101 May 6, 2022
How to open an offshore bank account
Offshore bank accounts are simply a banking service which is situated outside of your country of residence. Over recent...
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FX 101 March 25, 2022
When is the best time to transfer currency?
If it was possible to know the best time to transfer currency, this would be fantastic. But unfortunately there...
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FX 101 February 18, 2022
A complete guide to online payment security
Whether you’re making small purchases such as clothes and household items, paying employee wages or even purchasing property, there...
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FX 101 February 11, 2022
Do I have to pay taxes on money transferred from overseas?
Transferring money overseas can seem stressful, but is often a necessity. Many people don’t know the ins and outs...