When you trade globally, your foreign currency exchange strategy should be one of your main considerations. The currency markets are constantly changing, and a seemingly small economic or political shift can impact exchange rates significantly, resulting in a big difference to your currency purchase.
Thames Valley Chamber of Commerce has partnered with Pure FX, a specialist currency service, so you can effectively manage your overseas business costs.
Expert currency traders have a number of contract options available to enable you to manage the timing of your business transfersto help you get the most from your currency exchange.
A forward contract for example allows you to lock in a rate of exchange for up to 12 months, reducing the risk of market fluctuations that could impact your transfer, so you can rest assured that your funds will be exchanged at the rate you agree.