The challenges of fluctuating exchange rates 

Fluctuating exchange rates are a primary hurdle for SMEs making frequent international payments, as currency volatility can create uncertainty around costs and impact your cash flow. Unfortunately, banks often fail to adequately assist SMEs in mitigating these currency risks, and typically offer little to no strategic guidance on hedging or risk management. On top of this, banks won’t be upfront about the hefty exchange rate margins or “spread” fees they’re charging you, which is a percentage cost applied to every transaction by providing an unfavourable exchange rate on your currency conversion.

Maximise your savings and minimise your risk 

At Future Forex, our experts work directly with your business to create tailored strategies that mitigate your exposure to foreign currency fluctuations, while providing fully transparent pricing.  We offer businesses the option of fixed, semi-optional or fully optional FECs (Forward Exchange Contracts) so that you can lock-in a rate of exchange for settlement at a future date. In addition to this, we can set up a CFC (Customer Foreign Currency) account for your business, allowing you to hold, pay and receive foreign currency. With us, you can have peace of mind knowing exactly what costs are involved and that you’re getting the best possible rate for your transfer.

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