Business Resources
We know that there's more to running a business than getting the best rates for your foreign exchange and for sending and receiving international payments. You need an understanding of the financial environment that you operate in.
In order to give you just that you will find in this section articles which explore foreign exchange and the banking environment at large.
We’re going to go out on a limb here and say that we think most people aren’t fully aware of how the fx industry works. People may hear things about a ‘strong euro’ or ‘weak pound’ on the news, but their only personal experience with foreign exchange may be buying...
VIEW FULL ARTICLEPosted in Business Resources on Nov 9 2017 by Todd Bishop
Speed is everything in today’s tech-driven business world. In an attempt to increase the pace even more, some business leaders are discarding face-to-face meetings in favour of the latest technology solutions. But this prioritization of speed over in-person meetings severely diminishes the power of human interaction and the value of...
VIEW FULL ARTICLEPosted in Business Resources on Oct 26 2017 by Quarina Sultana
Market challenges are part of the daily routine for businesses today. For many corporations, growth usually means expanding overseas by targeting foreign markets, or moving manufacturers, or using foreign suppliers. This usually brings a wealth of brand new challenges for corporate financial teams. Relationships with banks need to be established,...
VIEW FULL ARTICLEPosted in Business Resources on Sep 26 2017 by Rob Affleck
The financial sector is rapidly evolving and technology is substantially transforming the industry, disrupting established players and new entrants alike. A recent survey suggested that half of consumers now use money transfer and payment services and this is set to rise, pushing digital to the top of the agenda.As artificial...
VIEW FULL ARTICLEPosted in Business Resources on Sep 20 2017 by Quarina Sultana
Tired of calling broker after broker trying to find the best rate today, only to find the rate's already gone by the time you go back to the lowest one? The competitive nature of the foreign exchange market means you could be wasting your time chasing the carrot at the...
VIEW FULL ARTICLEPosted in Business Resources on Jun 7 2017 by Charlie Beardall
You may not have been aware of the existence of the SEPA system, but it you'll be glad that you've heard about it now. It is a cheaper way of transferring Euros within EU, Monaco, San Marino and EFTA countries. Here's how it works.
VIEW FULL ARTICLEPosted in Business Resources on Jun 22 2017 by Alex Coates
For many businesses, the solution lies in working with a specialist provider, which can be cheaper and results in no hidden costs. Research carried out by Currency UK in 2015 shows a currency specialist would lead to savings of £3,327 per year for a business transacting a representative £170,000 annually...
VIEW FULL ARTICLEPosted in Business Resources on Jun 19 2017 by William Kemp
Understanding foreign exchange (FX) risk is essential for business leaders to avoid unforeseen costs that could cripple a firm, but the task of developing a strategy is complex and potentially costly.
VIEW FULL ARTICLEPosted in Business Resources on Jun 19 2017 by Adrian Jacob
This week sees the general election in the UK. It’s a huge risk event for currency. Watch Adrian Jacob, Director, discuss the possible outcomes and the effect it has on Sterling. There are three possible alternatives as to what might happen.
VIEW FULL ARTICLEPosted in Business Resources on Jun 6 2017
Friday’s Final UK Q3 GDP reading printed in line with estimates, showing growth of 0.5 percent while the annual increase was unchanged at 2.3 percent. Investment data beat expectations with a 0.9 percent quarterly gain indicating that Brexit has not, so far, harmed investment.
VIEW FULL ARTICLEPosted in Business Resources on May 9 2017
Whether buying property, importing vehicles, or simply moving money around, a CUK Trading Facility checks every box.