Foreign exchange for the food and drink industry

Keep control of your costs in the global food and drink industry with tailored foreign exchange solutions

1 minute read

An uncertain trading environment, rising costs and changing consumer demand are all adding pressure on the food and drink industry. Consumers are demanding healthier options and bold, exotic flavours, which often means sourcing products from overseas. An international supply chain means the food and drinks industry needs to be able to make timely and cost-effective global payments with ease and mitigate the added risk of fluctuations in the currency market.

Imports and exports 

Changing trade agreements with NAFTA and China are putting pressure on overseas markets and suppliers. Any new tariffs may add to the cost of products already feeling the effect of a price squeeze due to high labor costs and lowering prices. Understanding how foreign exchange and currency market volatility can affect imports and exports in the food and drink sector is crucial to potentially protecting profits. 

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 foreign exchange currency markets to ensure you're offered a full range of foreign exchange solutions tailored to your business needs.

 

 

Is it time for your business to go global?

We talk to the CEO of Virtue Drinks Rahi Daneshmand about the opportunities and challenges of trading overseas

Is it time for your business to go global?

How our services can help you

Foreign exchange solutions

Foreign exchange solutions

Take advantage of forward contracts, market orders and contract options when you work with us on cost effective solutions for your business.

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Global payments

Global payments

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

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Risk management

Risk management

We can help protect your business from foreign exchange market volatility, forecast cash flows and minimize risk with our range of hedging tools.

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