Corporate Currency Exchange:
Many businesses have a desire to move into new markets as they look to expand. This causes many to move their business abroad, open overseas subsidiaries, or make international business payments to suppliers abroad. Whatever the need, corporate currency payments overseas requires careful planning and professional guidance and support.
Despite this, for every business, it’s imperative that your money works as hard as possible. So, when it comes to making business payments, you have to identify the right opportunities and make informed decisions based on the current market situation.
Businesses might make international payments for many reasons, but there are many things to consider such as managing different currencies and making the correct payments. Thus, exploring effective business payment services can help mitigate risks in relation to currency and market volatility.
Products & Features
Speak to a specialist at NewbridgeFX to discuss your corporate foreign exchange and international business payment requirements.
Multi-currency account, in your company name, so you can receive, store, convert and send any currency we offer
One account number to receive funds in any currency from any company or person.
Currency Hedging Solutions
Create a hedging strategy for your corporate currency requirements using a selection of our products, at competitive and consistent exchange rates.
No Payment or Transfer fees
Funds settle the same day, sometimes in minutes. Payment tracking capabilities to keep you updated on the payment status in real-time.
Business Payments Abroad
For many businesses who are thinking globally and operating abroad, whether that is having a position in certain markets or dealing with suppliers, they may not be receiving the best business payment service when it comes to their corporate currency payments.
NewbridgeFX simplifies the international business payment process and ensures efficient management of your business foreign exchange needs. If you have regular international payments and contracts, we can help to put in place spot contracts that ensure you lock in an exchange rate for an immediate transfer, or you can opt to use forward contracts that allow you to secure an exchange rate for up to 12 months.
What’s more, it also important that businesses track markets as a way of ensuring they take action at the right time. This enables them to manage their currency exchange at the right time, allowing them to take advantage of strong exchange rates.
Yet, businesses are often hit with high fees when making international payments via banks, as they can often find there are hidden fees, estimated to cost around £4bn each year. The full cost of making business payments abroad isn’t visible until after the transaction, as there is little transparency over the exchange rate offered.
However at NewbridgeFX, we can keep you up-to-date on the foreign exchange market, with rate alerts and market news. By providing expert guidance that enables you to gain clarity over the exchange rates offered and how they work for you, you can take advantage at the right time.
Along with this, there are other things to consider when making corporate currency payments, such as the market activity and how factors such as political events and data announcements influence the market, all reported in our market news.
Corporate Currency Exchange
Yes, we can arrange to setup regular payments on the platform, so all you have to do is transfer your money and the transfer will complete on the agreed date.
NewbridgeFX offers a specialist service in the deliverable foreign exchange market, promoting a range of products and services, available online or over the phone. Our products have been designed to meet the needs of our clients when sending money overseas, and are ways for businesses, and individuals, to manage and mitigate currency risk.
We strive to earn the loyalty of our clients by consistently delivering a dedicated, professional foreign exchange service, and focusing on providing a great client experience. We have a vast and varied client portfolio. Our experience and expertise in managing international payments applies across a wide range of industries, from accountants to warehouses.
Having worked with them for sometime now, I’m happy to say they have consistently demonstrated a personal and dedicated level of service above and beyond that offered by my bank and previous provider. Its refreshing to work with a company that really cares about their client. Always recommending to anyone with an FX exposure.
Amazing service, every occasion my funds have arrived on or before the date quoted. They also notify me of market movements which effect my bottom line along with educating me on why the markets react. We currently make a large volume of payments and I have tried a few other providers and nothing compares to the professionalism they offer and I need for my business.
Multi-Currency Account In Your Company Name
Receive funds from your customers in to your own named collection account, using one account number for all currencies, or a local in-country account number still in your company name.
Create And Manage All Your Beneficiaries
Add and manage your beneficiaries, perform bank account validation & verification checks as you enter your beneficiary details & bulk upload multiple beneficiaries via a CSV file.
Make Fast & Secure Payments To Over 200 Countries
Real time Swift and local payments are settled the same day, within minutes of processing (currency/country dependant), and payment tracking capabilities allow you to keep updated on the payment status.
Hold multiple currencies and access balance information in supported currencies. Receive, convert, send and move money between your multi-currency accounts without making payments.
Convert Over 100 Currencies, 24/7, Using Multiple Devices
We provide informative, up to date market news, including updates on currency movements, upcoming economic events and announcements that impact the foreign exchange market.
Real-time Reporting And Tracking
View and track all conversions, payments and incoming funds using our online platform, and receive email notifications when funds have been received, conversions processed and payments released.