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When should a business take forward cover on foreign currency transactions? A little over a decade ago the answer was easy ... almost always!
Exchange control liberalisation has created new opportunities for South Africans wishing to transfer money overseas.
Bidvest Bank is one step ahead in services that make it easier for South African companies to do business abroad.
From a rand and foreign currency perspective the twin keys for importers and exporters are timing and the exchange rate.
Dealing Room transactions are at the heart of foreign currency activities involving companies and their banking partners.
Commodities and manufactured goods could not move between continents without the support of a trusted banking partner.
With the right banking partner local businesses can today make secure, timely payments to suppliers anywhere in the world.
Payment volumes across corporate foreign exchange platforms run into billions every week. In this high-volume environment, competitive rates are vital, but so are reliability and reputation.
Executives conducting business with international partners are generally time-sensitive and time-efficient.
Businesses across South Africa are driving a major foreign exchange trend – the swing to online payments.
International trade facilitation through secure, convenient and prompt global payment is a core corporate offering at Bidvest Bank.
Very true. Bad debt can definitely put a strain on and ruin relationships.
Untrue. People in your life should accept your debt situation.
Hard to say as I have never been affected by major debt.
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