Entries by treasuryXL

Blockchain, IoT and 5G: a Marriage a Trois

| 07-06-2020 | Carlo de Meijer | treasuryXL Long-time Blockchain has been looked at as an isolated technology. Recently however we see a growing trend of blockchain being integrated with other technologies such as Big Data, Artificial Intelligence amongst others. An interesting development that can be observed is the growing attention of corporates to use […]

How to set up a forward contract and lock in a rate for your business

03-06-2020 | treasuryXL | XE | A forward contract gives you and your business certainty, allowing you the peace of mind to have confidence that your international exposures are taken care of. At Xe, we work with businesses of all sizes across many industries. We recognize that each business has its own requirements for its payments, and […]

Payment Fraud | A 750 000 euro Financial Scam that could happen even to you

| 02-06-2021 | treasuryXL | Nomentia | Have you read the recent news on how Bol.com deposited almost 750 000 euros into a fraudulent bank account over a year ago? Simply, they thought they were making a payment to Brabantia, a household goods manufacturer. If you are not familiar with the story, here is it in a […]

Why CFOs Should Foster Stronger Relationships with Banks

01-06-2021 | treasuryXL | Kyriba | CFOs are the custodians of financial growth for enterprise business, and a key part of that role is to build and foster mutually beneficial relationships with banks and funding partners. Since banking relationships are built upon the provision of services; whether those are lines of credit, daylight overdrafts, bank […]

How to navigate changing currency markets when buying services from overseas

27-05-2020 | treasuryXL | XE | When dealing with overseas currencies, changes in the currency markets and exchange rates could potentially change the amount that your business will need to pay. If your business imports tangible objects from another country—such as goods, food products, materials, or machinery—then you’ll need to pay in that country’s currency. However, this doesn’t just pertain to tangible goods […]

Should corporate treasurers stop ignoring bitcoins and other crypto currencies?

26-5-2021 | treasuryXL | Pieter de Kiewit This is a blog by someone who does not own bitcoins or other crypto currencies and does not intend to purchase any soon. Someone who is not a subject matter expert. Someone who told his colleagues not to consider the topic relevant for corporate treasury for a long […]

Exchange rate risk | A Challenge for internationally trading companies (Dutch Item)

25-05-2021 | Erna Erkens | treasuryXL | Handelt u internationaal buiten de Eurozone, dan kunt u als bedrijf te maken krijgen met een valutakoersrisico, ook wel wisselkoersrisico genoemd. Wanneer u goederen of diensten uit een land buiten de Eurozone importeert of exporteert, kan de wisselkoers hoger of lager zijn op het moment dat u de factuur […]

Are you understanding all the costs involved in your international business payments?

20-05-2020 | treasuryXL | XE | As you search for the right payment provider, keep an eye out for these two main sources of cost: fees and exchange rate. When making an international payment, there’s one question that’s on everyone’s mind: “How much foreign currency will I get for my money, after all the charges have been applied?”  The answer […]

International Treasury Management Virtual Week | Celebrating 30 years as the world’s leading treasury event

| 19-05-2021 | Eurofinance | treasuryXL | International Treasury Management is the annual meeting place for 1000s of the World’s most senior treasurers to learn and share experiences in valuable peer to peer discussions. With a reputation for ground-breaking sessions and world-class speakers, our 30th anniversary event will explore the boundaries of the profession, take a glimpse into […]