Currency exchange for the Healthcare Industry

Currency exchange for the Healthcare Industry

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Save time and money on foreign exchange and global payments within the healthcare industry

How we think about and interact with healthcare services has altered dramatically. New virtual services, biotechnology and smart devices are at the heart of a global revolution in healthcare.

With increased international opportunities as nations seek innovation to address pressing health challenges, there is an increasing need for healthcare companies to protect their profits and mitigate their foreign exchange risk.

 

How foreign exchange can affect the healthcare industry

With exports, imports and an international workforce, the healthcare industry is global. Supply chain partners and international offices to adhere to local regulatory requirements add to the reasons why the healthcare industry has a growing need for transferring money from pounds to foreign currencies.

All of these payments, particularly recurring outlays such as rent and payroll for an overseas office, can incur significant costs if a poor exchange rate is agreed. Costly transfer fees from banks and FX providers can damage your profits but by working with a specialist and 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

Healthcare 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 understands the ins and outs of your sector and will guide you through currency volatility to ensure you are offered a solution tailored to your business needs.

Our payment solutions allow you to make bulk payments for any business costs or overseas staff salaries in over 120 different currencies to over 190 countries. You can also use a range of FX tools, including a currency forward, market order and spot contract.

 

What about Brexit?

With Brexit on the horizon, further change to the industry is on the way. From changes to overseas staff recruitment to new import/export, regulatory and data protection requirements, companies may be facing increased costs.

While some of these issues may require additional resources, you can minimise the impact on the bottom line by saving money on international transfers with our specialist service that will also help your business expand beyond the EU.

Keep up to date with the latest Brexit-related news and the effect on the currency markets via our Brexit Hub. 

What we can offer your business

Market updates to keep you informed of the currency movements

Market updates to keep you informed of the currency movements

Easy upload functionality for mass payments

Easy upload functionality for mass payments

Competitive pricing giving you access to more than 18 liquidity providers

Competitive pricing giving you access to more than 18 liquidity providers

Exchange more than 120+ currencies

Exchange more than 120+ 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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