Foreign Exchange (FX)

Articles, guides and news on foreign exchange issues for UK small businesses wishing to take advantage of overseas opportunities.

Export & Import

Small business exporters shrug of threat of no-deal Brexit

Small businesses involved in international trade see US protectionism and global economic slowdown as greater threats than no-deal Brexit

Small Business Banking

Revolut launches free accounts for freelancers and small business

Digital challenger bank is mainly used by tech start-ups with staff who either travel abroad a lot or are paid regularly in international currencies and want to avoid punishing foreign exchange fees

Business management

Foreign exchange control could minimise the cost of business trips abroad

It may well start to cost more to send staff on business trips abroad but there are ways of controlling some costs by locking into foreign exchange rates, as Nick England of VFX Financial explains.

Business management

How to protect your profits from currency volatility

Neil Graham, former UK MD at Travelex Global Business Payments, looks at how firms can reduce exposure to FX volatility.

Accounting

Accounting in foreign currencies: what small business owners need to know

We explore what you need to know about doing business in foreign currencies.

Small Business Banking

Opening a foreign currency account

If your business has a strong hold in an overseas market, you may benefit from opening a foreign currency account. Here, we look at how to go about it.

Accounting

Frontierpay calls for improved management of foreign exchange

In the face of increased currency market volatility, Frontierpay partners with The Hackett Group to call for firms to improve their management of FX risk

Business management

How small suppliers can manage exchange rate issues

Saskia Johnston provides practical advice for small business owners who have been left out of pocket and confused by invoices from abroad.

Advice

Corporate FX: What you need to know when sending money overseas and hedging

Small businesses often lose out when it comes to transferring money overseas. Here's how to level the playing field.

Advice

Key strategies for SMEs to save money on foreign exchange

Jack Horton, CEO of Whites FX, presents some key strategies for all SMEs looking to save money on their foreign currency exchange.

Export & Import

Managing your currency risk when exporting

Alex Edwards, head of the corporate desk at UKForex, looks at how small companies can navigate currency exchange risk when trading internationally.

Small Business Banking

How to open a foreign currency account

If your business has a strong hold in the overseas market, or you regularly receive and make payments in a foreign currency, then you may benefit from opening a foreign currency account.