Currency exchange for the Agriculture industry

Currency exchange for the Agriculture industry

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On hand to help the agriculture industry save time and money on foreign exchange and global payments

The agriculture sector is one of the most affected by constant volatility in exchange rates.

We understand your challenges

There are multiple factors why farmers must be even more aware of the market and solutions available to them than ever before. One of the most obvious changes brought on by Brexit is the adjustment in receiving the Single Farm Payment, which currently, farmers still have the option to receive in pounds or in euros.

Farms – big and small – tend to import agricultural machinery and supplies from the EU, sometimes pre-ordering items in advance, and risking paying more in pounds when the invoice eventually hits.

For agricultural workers, a continuing poor performance from the pound; the fast rate of growth in places like Romania; and Brexit concerns, mean the interest in coming to the UK to work seasonal jobs continues to wane drastically. Now, workers are enjoying the choice of 4 or 5 positions each which may cause salaries to go up, affecting the farmer’s bottom line.

All these factors can play a major role in preserving the profit for farmers but can be managed by planning all your foreign exchange exposure and budgets well in advance.  

Account management expertise

At moneycorp, every business is assigned an account manager who understands the ins and outs of your sector and will guide you through currency volatility to ensure you're offered a full range of foreign exchange solutions tailored to your business needs. 

 

 

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 13 liquidity providers

Competitive pricing giving you access to more than 13 liquidity providers

Exchange more than 120+ currencies

Exchange more than 120+ currencies

How the pound performance could affect your fruit salad?

How the pound performance could affect your fruit salad?

The struggling pound and uncertainty over Brexit is making fruit picking recruitment a struggle for UK farmers.

 

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Foreign Exchange Solutions

Foreign Exchange Solutions

Our team will work with you to identify your individual requirements and be able to suggest products including Spot Contracts, Market Orders, Forward Contracts to meet your foreign exchange needs.

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Risk Management

Risk Management

Protect your business from foreign exchange market volatility, forecast cash flows and minimise risk with our range of hedging tools. 

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Payment Solutions

We provide payment solutions for businesses with local or international requirements, who are looking to simplify the process and cut on-going costs. 

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