With freight costs having risen as much as 500% over the past year on certain shipping routes, many SME’s are struggling to remain profitable as margins are squeezed by spiralling costs. 

While rebalancing global shipping costs is a little out of our scope, Currencies Direct could still help you to maximise your returns when transferring money to international suppliers. 

How we can help 

In addition to offering competitive exchange rates, Currencies Direct also provides a range of extra tools and services, which can help you to maximise profit margins 

With a forward contract you can fix an exchange rate when it is most favourable to you. This allows you to protect your business from an unfavourable shifts in the market between ordering goods and settling an invoice. 

Alternatively, if you don’t need to transfer your money immediately, a limit order allows you to hold out for a better rate. Simply let us know what your desired rate is and we will execute the transfer the moment the market reaches that level. 

To see if we can help your business save money on your transfers, contact one of our friendly currency experts today.