Envoy International Foreign Exchange Services

Foreign currency exchange rates on the open market can fluctuate any time. If you are importing or exporting, and your payables or receivables are in a foreign currency, then fluctuating rates expose your profit margin to risk.

If a trans-border transaction is in your currency, the risk is passed along to your customer, but that also brings the potential of making the cost of your product or service less competitive or less attractive.

A variety of risk management strategies can be used to simplify your trans-border transactions and enhance your profitability:

Fix the value of foreign payables and receivables weeks or months in advance.
Identify and capitalize on hedging opportunities.
Manage transactions and investment returns.
Time cash flow astutely.
Minimize the impact of currency fluctuations on your transactions so your returns are more predictable.
Preserve capital and enhance income.
Personal advice and consulting service tailored to your specific needs and trading circumstances.

For more information about Risk Management strategies, please call us toll-free.