Tag Archive for: xe

How to save time and money with International Payments

| 2-1-2020 | treasuryXL | XE |

Do you often need to make global transactions? Deciding when to make an international payment and at what rate can be critical. You constantly need to check the markets for the best rates and hope for a great opportunity. But what if you don’t have time to sit and wait? XE can help and take care of it. With a range of solutions to help you access competitive rates with greater control.

Spot Transfer

Need to make a payment right away? Lock your rate for immediate and quick transfers.

With XE you can buy currency at the live exchange rate. If you are looking to purchase currency and make a payment right away, then a spot contract could be perfect for you.

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Market Orders

Flexible with your transfer time? Pick a rate, transfer automatically when the market hits your desired rate.

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Forward Contracts

Secure a rate for future transfers. Transfer any time at your secured rate within 3 years.

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Get in touch with XE.com

About XE.com

XE can help safeguard your profit margins and improve cashflow through quantifying the FX risk you face and implementing unique strategies to mitigate it. XE Business Solutions provides a comprehensive range of currency services and products to help businesses access competitive rates with greater control.

Deciding when to make an international payment and at what rate can be critical. XE Business Solutions work with businesses to protect bottom-line from exchange rate fluctuations, while the currency experts and risk management specialists act as eyes and ears in the market to protect your profits from the world’s volatile currency markets.

Your company money is safe with XE, their NASDAQ listed parent company, Euronet Worldwide Inc., has a multibillion-dollar market capitalization, and an investment grade credit rating. With offices in the UK, Canada, Europe, APAC and North America they have a truly global coverage.

Are you curious to know more about XE?
Maurits Houthoff, senior business development manager at XE.com, is always in for a cup of coffee, mail or call to provide you detailed information.

 

 

Visit XE.com

Visit XE partner page

Possible Amendments to the Withdrawal Bill see Pound Fall Sharply

| 19-12-2019 | treasuryXL | XE |

Boris Johnson will bring his Brexit bill before a new intake of MPs this week without some of concessions he made before the election. The Withdrawal Agreement Bill – the key legislation that will pave the way for the UK to leave the European Union on 31 January 2020 – is expected to come before the Commons on Friday.

Under Johnson’s plan Britain is to leave the EU on 31 January once the bill passes, at which point the transition phase with the EU kicks in. During this period, the UK is expected to leave the customs union and single market and enter new negotiated arrangements, but will follow most EU law like other member states. However, it will not have voting rights like other member states.

News on the morning of the 17th has suggested that the Brexit bill is thought to have been rewritten since the one that was backed at the second reading by the previous Parliament. The Conservatives now  have a majority of 80 which means that Johnson is unlikely to bring forward concessions to his Brexit bill that he suggested he would consider at the time. Those include clause 30, allowing MPs to vote on an extension to the transition period beyond 2020 if a free trade deal was not struck in time.

With the new legislation looking to legally prevent delaying a departure beyond 2020 there is a risk that leaving with no deal is back on the table. This new amendment has seen the Pound drop over 1% against the dollar and the Euro. We are now back to the levels we were trading at before the election, with GBPUSD down from 1.35 on Friday to 1.3190 and GBPEUR down to 1.1846 from 1.20+ last week.

It is a fairly data heavy day today with UK average earnings, ILO employment data and Mark Carney speaking which could continue to see volatility in the Pound.

GBPUSD– 1.3190

GBPEUR– 1.1857

EURUSD– 1.1134

The figures are based on the live mid-market rate, correct as of 09:00 GMT on 17/12//2019, and are provided for indicative purposes only. Live mid-market rates are not available to consumers and are for informational purposes only. The rates XE quotes for money transfer can be selected via the page on XE’s website ‘Live Money Transfer rates’.

Get in touch with XE.com

About XE.com

XE can help safeguard your profit margins and improve cashflow through quantifying the FX risk you face and implementing unique strategies to mitigate it. XE Business Solutions provides a comprehensive range of currency services and products to help businesses access competitive rates with greater control.

Deciding when to make an international payment and at what rate can be critical. XE Business Solutions work with businesses to protect bottom-line from exchange rate fluctuations, while the currency experts and risk management specialists act as eyes and ears in the market to protect your profits from the world’s volatile currency markets.

Your company money is safe with XE, their NASDAQ listed parent company, Euronet Worldwide Inc., has a multibillion-dollar market capitalization, and an investment grade credit rating. With offices in the UK, Canada, Europe, APAC and North America they have a truly global coverage.

Are you curious to know more about XE?
Maurits Houthoff, senior business development manager at XE.com, is always in for a cup of coffee, mail or call to provide you detailed information.

 

 

Visit XE.com

Visit XE partner page

treasuryXL announces partnership with XE.com

| 12-12-2019 | treasuryXL | XE |

treasuryXL announces partnership with XE.com, The World’s Trusted Currency Authority and provider of currency data, FX Risk Management and Technology solutions for businesses

VENLO, The Netherlands, DECEMBER 12, 2019 – treasuryXL, the community platform for everyone who is active in the world of treasury, today announced the premium partnership with the world’s most trusted currency authority XE.com.

XE.com is the first major currency specialist to work with treasuryXL. As a marketplace, treasuryXL will offer XE.com market commentary and insight to her audience. Offering a continuous flow of relevant treasury content, making treasury knowledge available, results in treasuryXL being the obvious go-to platform for its’ audience. The partnership kicks off with the new ‘Treasury Topic’ environment where XE.com will have a prominent role in the FX, risk management, payments and FinTech environment.

XE.com is the world’s most popular foreign exchange website, and a leading global destination for foreign exchange rate tools and data. XE Business Solutions support companies across the world with robust responses to unpredictable currency markets; whether they rely on XE for information about currency markets, seek support when managing their FX risk, or trust them with business-critical international payments.

treasuryXL and XE.com strive for a fruitful partnership where its’ audience are top of mind making sure that (potential) clients are always up to date with the latest global currency news and benefit from a comprehensive range of currency services and products. XE Business Solutions and currency expertise provide companies with robust responses to unpredictable currency markets, so that bottom line is protected by currency risk and not impacted by it.

About treasuryXL

treasuryXL started in 2016 as a community platform for everyone who is active in the world of treasury. Their extensive and highly qualified network consists out of experienced and aspiring treasurers. treasuryXL keeps their network updated with daily news, events and the latest treasury vacancies.

treasuryXL brings the treasury function to a higher level, both for the inner circle: corporate treasurers, bankers & consultants, as well as others that might benefit: CFO’s, business owners, other people from the CFO Team and educators.

treasuryXL offers:

  • professionals the chance to publish their expertise, opinions, success stories, distribute these and stimulate dialogue.
  • a labour market platform by creating an overview of vacancies, events and treasury education.
  • a variety of consultancy services in collaboration with qualified treasurers.
  • a broad network of highly valued partners and experts.

About XE.com

XE can help safeguard your profit margins and improve cashflow through quantifying the FX risk you face and implementing unique strategies to mitigate it. XE Business Solutions provides a comprehensive range of currency services and products to help businesses access competitive rates with greater control.

Deciding when to make an international payment and at what rate can be critical. XE Business Solutions work with businesses to protect bottom-line from exchange rate fluctuations, while the currency experts and risk management specialists act as eyes and ears in the market to protect your profits from the world’s volatile currency markets.

Your company money is safe with XE, their NASDAQ listed parent company, Euronet Worldwide Inc., has a multibillion-dollar market capitalization, and an investment grade credit rating. With offices in the UK, Canada, Europe, APAC and North America they have a truly global coverage.

Are you curious to know more about XE?
Maurits Houthoff, senior business development manager at XE.com, is always in for a cup of coffee, mail or call to provide you detailed information.

 

 

Visit XE.com

Visit XE partner page