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[Business Leader]

How to avoid unnecessary foreign-exchange costs

Any business that has to pay trade partners or employees in other countries should give some consideration to currency volatility and unnecessary conversion fees.

HOW TO AVOID UNNECESSARY FOREIGN-EXCHANGE COSTS_Centtrip

Charges for processing these simple transactions can easily rack up, especially if a company uses a high-street bank for all its financial transactions.

However, with a smart approach, many of these costs can be eradicated, according to Brian Jamieson, CEO and co-founder of FX and payments specialist Centtrip. Here he offers his advice on how to navigate this area and reduce costs associated with currencies.

 

Read the article in full: Business Leader

 

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