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  • (News by tags)
    How Do International Payments Work for Corporations

    Understand all the different ways international payments can be processed when your corporation has to pay with foreign currency.

    ...her since 1973. SWIFT created an international standard for messaging. Since SWIFT doesn't transfer payments, they have no exchange rates or fees as part of the payment flow. SWIFT is simply a messaging system that's used to enable the communicat...

    Tags: international payments,society for worldwide interbank financial telecommunication,swift,the clearing house,chips,foreign exchange rates,currency exchange international,cxi,supplier,vendor

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    6 Key Factors Behind the Fluctuation of Currency Exchange Rates

    With exchange rates changing everyday, here's a look at where these numbers come from.

    ...reen and (max-width: 700px) { .welcome-video { width:90%; float:none; margin:0 auto; display:block;} } As we know, exchange rates fluctuate every day, even multiple times a day. It’s important to understand that there are a variety of factors ...

    Tags: currency exchange rate,inflation,interest rate,deficit,current account,public debt,terms of trade,foreign curency

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    How Companies Save Money with a Dual Invoice for International Payments

    Immediately increase your company’s revenue by learning how to read a dual invoice.

    ...pliers around the world that need to be paid? In a typical international payment scenario, suppliers are very aware of currency exchange rates and volatility risks. In order to cover this foreign exchange risk, they usually add on a risk padding to ac...

    Tags: international payments,dual invoice,local currency,savings,fees,costs,corporations,financial institutions,banks,currency exchange rates,fx volatility risks,foreign exchange risk

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    How Do Currency Exchange Rates Work

    Learn what makes your US dollar worth more than another currency.

    ... many international travelers get ready for that next trip abroad, do you ever take a moment to understand how exactly currency exchange rates work? The exchange rate between two currencies is the price of a country's currency in relation to anothe...

    Tags: foreign currency,exchange rates,currency pairs,imports,exports,currency equation,buy,sell

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    Bank of England Protects Pound Amidst Brexit Fears

    The bank said the pound could fall "perhaps sharply" if Britain left the EU.

    ... amount of uncertainty this might cause, Bloomberg reports the Bank of England has, “decided to calculate an effective sterling exchange rate that removes the weakness in the currency,” and calling it the ‘ExBrex’ rate.     On the upside b...

    Tags: brexit,bank of england,united kingdom,british pound,gbp,european union,exchange rate,foreign currency,currency exchange

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    Central Bank of Egypt Devalues Currency

    Egypt’s economy is in turmoil and has introduced a plan to ease their short supply of dollars.

    ...currency in an effort to achieve monetary stability in their economy. As a result the bank has decided to adopt a more flexible exchange rate system. Wall Street Journal reports the bank, “On Monday sold almost $200 million in an interbank auction at 8...

    Tags: central bank of egypt,currency,foreign currency,exchange rate,economy,egypt

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    U.S. And 11 Countries Sign Contract To End Currency Manipulation

    TPP countries agree to address unfair currency practices with transparency and accountability.

    ... } About Currency Exchange International Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for internation...

    Tags: currency manipulation,currency,foreign exchange,exchange rates,tpp,foreign currency