Currency services for Film and Media

Currency services for Film and Media

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Helping the UK film and media industries take on the world

A report from accountancy firm PwC estimates that the entertainment and media sector will be worth £76 billion by 2021. With spend in digital media set to increase, the UK is also fast becoming a centre of innovation for Virtual Reality, which is set to soar from $3.9 billion in 2017 to nearly $20bn worldwide by 2022.

 

How currency exchange can affect the film and media industry

British filmmakers are not only creating box office draws and winning awards, they are also attracting more inward investment from abroad. This investment may come in a foreign currency, which will need to be converted by the UK recipient. In addition, the skilled workforce of expert crew and tax benefits for filming in the UK have increased the number of international co-productions. 

Staff themselves, from actors and writers to camera crew and assistants, may also require payment in a different currency should they live overseas or wish to repatriate money abroad.

Each currency transfer is affected by the foreign exchange market, which in turn is subject to sudden exchange rate shifts. These can alter the value you receive for your international payments, and affect the costs of your business or production.

 

How we can help your business

If you’re looking to embrace international opportunities and maintain a close hand on your costs, understanding the fluctuations and risks of currency exchange within the media and film industry can help you make the most of global markets and international investment. 

Enjoy access to a secure online platform that provides a professional hub to manage global payments and receipts from overseas partners. You can rely on great rates and low fees on all of your currency exchange transactions, while a range of FX tools are on offer should you wish to further limit your currency exposure. 

At moneycorp, we will assign you an account manager who understands the fast-paced and rapidly evolving film and media industry and will guide you through currency volatility to ensure you're offered a full range of payment solutions tailored to your business needs.

Why choose moneycorp

Risk management expertise

Easy upload functionality for mass payments

Send payments in 120+ currencies

Market updates to keep you informed of the currency movements

Competitive pricing giving you access to more than 15 liquidity providers

Competitive pricing giving you access to more than 15 liquidity providers

6.5m transactions in 2017

Exchange more than 122 currencies

Our foreign exchange solutions for your business

Our foreign exchange solutions for your business

To find out more about our foreign exchange and global payment solutions for businesses, you can view our brochure.

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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

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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