Can your business benefit by adopting Local Currency Pricing? With the current low exchange rate environment (in relation to GBP) businesses would naturally expect to export more goods and services as they would be cheaper to international buyers. Unfortunately this is not always the result due...
The must-read checklist before selling a property in another country. Have you recently considered selling your international property? The recent weakness in Sterling GBP may mean you receive more pounds back for the foreign currency you receive when you sell your property. As selling a property...
If your business is using multiple FX Brokers, this is a must read! In today’s world we are conditioned to Compare Prices, Customer Service, Speed and endless more features in products and services we require/desire. One thing that often is left out is the very little...
Don’t let your business get caught out by currency headwinds in 2016 Over the course of 2015 FX markets featured an unsettling amount of currency fluctuations. Some businesses benefitted when the exchange rates moved in their favour but most would have found they were caught out. Here...
Obtaining the best exchange rate when buying a property abroad can make the biggest difference Buying a Property Abroad is one of the biggest financial transactions you may make in your life and hence it puts in on par with buying your home or car. For...
Reviewing your currency provider is a necessity in today’s market with the squeeze on profit margins Switching Foreign Exchange Providers may be the brightest move for your company. Many businesses are paying hundreds if not thousands more than they should and are not receiving the service...
Mayfair FX helps understand the mid-market rate and why it is important The mid-market rate has many names and is also known as: Market Rate Inter-bank rate Bank rate Currency rate Real exchange rate Spot rate and the list continues… By definition, it is the midpoint between...
An overview of the Currencies used by Importers & Exporters outside of the European Union. The latest trade statistics shows the most popular currency for UK Imports outside of the EU continues to be the US Dollar (USD) with Pound Sterling (GBP) following in a low...
Which are the top countries the UK Imports or Exports to and from? As we enter the last quarter of 2015 we thought it was important to understand who the UK’s Top 10 Trading Partners are, just in case you didn’t already know. You may already...
The up and coming wine producers may take you by surprise! According to International Organisation of Vine and Wine in their 2013 report on World Vitiviniculture, wine consumption remains constant across the globe at 243 millions of hectolitres and wine production remains relatively unchanged at 252...