Entries by treasuryXL

Why Do Currencies Fluctuate?

21-10-2021| treasuryXL | XE | LinkedIn These days, some currency rates are jumping to all-time highs while others plunge to record lows. Exchange rates are constantly fluctuating, but what, exactly, causes a currency’s value to rise and fall? Simply put, currencies fluctuate based on supply and demand.   Most of the world’s currencies are bought […]

A Letter of Credit is still an undervalued payment instrument! (Dutch Item)

| 19-10-2021 | Ger van Rosmalen | treasuryXL | LinkedIn Vorige week was ik aanwezig bij Trends in Export 2021 en vanuit mijn eigen achtergrond was ik nieuwsgierig naar de ontwikkeling van het afdekken van betalingsrisico’s. Interessant om te zien is dat veel ondernemers nog steeds kiezen voor vooruitbetaling op basis van eigen gemak en […]

How Can Treasurers Gain from an Intercompany Netting Strategy?

18-10-2021 | treasuryXL | Gtreasury | As a treasury tactic proven to deliver significant workflow efficiency and clear cost savings, intercompany netting is implemented far less common than its benefits merit. With a netting process, payables and receivables between multiple entities are no longer handled one at a time, but all at once. Furthermore, with […]

#9 Not Searching For Alternatives

14-10-2021 | treasuryXL | Xe This is the last part of XE’s ‘9 Mistakes Your Business Should Avoid’ journey. We have reflected upon Currency risk mistakes that companies worldwide often make. It is important to learn from these mistakes in order to avoid them. The message of this manual is that paying attention to foreign […]

A 360 Degree View On Security

| 13-10-2021 | treasuryXL | Nomentia | One would think data protection and security measures are baked into our identity as digital people, especially in a year where we are working remote more than ever. But is it though? The breaches show that security is too often seen as something to kind of ‘wing it’. […]

Question treasuryXL Panel #2 | How is PSD2 being applied in a business context?

12-10-2021| treasuryXL | Cobase |LinkedIn | treasuryXL is the community platform for all your relevant treasury questions. We received the following question from one of our followers…   QUESTION “As a treasurer, efficient and risk-free handling of payments and reporting are top of mind. In the daily news I read a lot about PSD2, but […]

No More Excuses! It’s Time to Implement the Right Hedging Program

11-10-2021 | treasuryXL | Kantox More than half the participants of the Kantox & TMI FX Survey describe their existing currency hedging program as inadequate. And that’s not all: 72% of participants admit the need for updates and changes to their policies and programs going forward. How do we account for this widespread inadequacy? The answer is simple. […]

5 Tips for Currency Exchange

07-10-2021| treasuryXL | XE | If you’ve ever travelled abroad, sent a money transfer to family overseas, or made international business payments, you know it can be a pain to exchange currency. Searching banks, online exchange providers, or the streets of an unknown city for the best rates can be time-consuming and costly. And, if […]