Topic: Cross-Border

Foreign exchange hedging for businesses: Your questions answered

Hedging is used by businesses to manage their currency exposure. If a business needs to buy or sell one currency for another, they are exposed to fluctuations in the foreign exchange market that could affect their costs and ultimately their profit.

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Mar 10, 2023
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Debbie's Villas
Cross-BorderRisk management

Debbie's Villas

Due to Debbie’s Villas growth plans, alongside the volatile movements in the currency markets, they needed to look for a solution which could automate their payments and FX hedging processes through the use of technology.

Chella
Cross-BorderRisk management

Chella

After challenges with foreign exchange with another financial services institution, Chella needed to find a provider with a more robust solution and a higher-level of customer service and expertise for their currency risk management needs.

ScanDesigns
Cross-BorderGlobal paymentsRisk management

ScanDesigns

ScanDesigns needed a foreign exchange solution to stay competitive, and a partner with the depth of knowledge and expertise to support its business needs.

Great West Equipment
Cross-BorderRisk management

Great West Equipment

Great West Equipment “GWE” frequently buys equipment and parts in USD and they needed to improve their management of FX risk for these purchases. They also saw a need to smooth out their FX volatility to better forecast for budget purposes.

Legacy Bus Sales
Cross-BorderRisk management

Legacy Bus Sales

Legacy Bus Sales was having trouble finding a partner who would provide the ability to address their unique foreign-exchange requirements.

Global Excel
Cross-BorderGlobal payments

Global Excel

Global Excel was experiencing rising costs with their traditional bank for in-bound wires, causing cross-border business to become costlier, and it was severely impacting their bottom line.

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