Agritechnica November 10-16th 2019

Agritechnica November 10-16th 2019

Visit us at Stand: D17 Hall: 25.

Find out how we can help you save time and money on FX and international payments.

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Save time and money on global payments within the agriculture industry

The agricultural industry is one of the most affected by international trends and currency markets, with trade demand and import/export costs hugely impactful on agriculture as a whole.

This poses a number of challenges for agricultural businesses, increasing the need for companies to protect their profits and mitigate their foreign exchange risk.

 

How foreign exchange can affect the agriculture sector

Transferring money to foreign currencies is commonplace for many agricultural practices, including importing machinery and other supplies from abroad and exporting goods to international buyers and shippers. In addition, your company may also employ an international workforce who wish to receive payment in a foreign currency and repatriate overseas.

All of these payments, especially if made repeatedly, can incur significant costs if an exchange rate is agreed that isn't favourable to your needs, while costly transfer fees from high-street banks could damage profits. Fortunately, by planning all your foreign exchange exposure and budgets well in advance, you can help to protect your margins.

 

How we can help your business save money

Farmers and agricultural companies are able to rely on a valuable and cost-effective service with a moneycorp business account. With 24/7 access to a secure online platform, you are able to process and manage the range of international payments that you may need to make.

Every business is assigned an account manager who will guide you through currency volatility to ensure you are offered a solution tailored to your business needs. 

Our global payment solutions allow you to make bulk payments for any business costs or staff salaries in over 120 different currencies to over 190 countries. You can also utilise a range of FX tools, including a forward contract, market order and spot contract, which are designed to help you hedge your foreign exchange.

What we can offer your business

Send payments in 120+ currencies

Market updates to keep you informed of the currency movements

Risk management expertise

Easy upload functionality for mass payments

Competitive pricing giving you access to more than 15 liquidity providers

Competitive pricing giving you access to more than 15 liquidity providers

Exchange more than 120+ currencies

Exchange more than 120+ currencies