BCR Publishing
We are the leading provider of news, market intelligence, events and training for the global receivables finance industry.
Working with industry leading organisations, experts, governments and universities, BCR Publications delivers expertise in factoring, receivables and supply chain finance to a global audience.
BCR has long been a beacon of innovation and excellence in the realm of receivables finance, playing an instrumental role in shaping the industry’s international landscape. Through its comprehensive conferences, insightful publications, and thought leadership, BCR has facilitated crucial dialogues and connections among industry professionals, driving forward the development of receivables finance globally.
Follow BCR Publishing
Free passes
For corporate treasurer roles/functions!
Types of Money Transfer: All About Market Orders
01-05-2020 | treasuryXL | XE |
Last week, we explored the wonderful world of forward contracts. And for those of you who wanted to take advantage of a potentially favorable current exchange rate but didn’t need to make a money transfer right away, forward contracts could have been the answer to your transfer troubles.
But what happens if you want to make a future transfer, and the rates aren’t in your favor? Are you left with no option but to just sit tight and hope that the markets eventually move towards the rate that you want?
Don’t worry, that’s not your only option. Instead, you can set up a market order that will allow you to target your ideal rate.
What is a market order?
Remember how we described forward contracts as the “buy now, pay later” transfer option? Market orders would be the “buy now, transfer later” option.
When you make a market order, you can specify your target rate at which you’d like to exchange your currencies. The current rate doesn’t matter: the markets are constantly moving, and you’ll never know when your desired rate will be live.
After you’ve placed your market order and set your target rate, your work is done, and now it’s up to the markets. Once your rate is live, your money transfer will send, allowing you to transfer currency at your ideal rate.
What’s the difference between a market order and a rate alert?
If you’ve set up a rate alert before, you might think that this sounds a little familiar. And it’s true: both rate alerts and market orders are tools that can help you improve the efficacy of your future money transfers. The difference is all in their names.
When would I want a market order?
Depending on the currencies you want to transfer and what’s going on in the world at the time, your currencies could be subject to quite a bit of volatility. If you’re contending with frequent market motion, setting up a market order can help you to ensure that you’ll be able to make your transfer at the best possible rate, whenever that may be.
Market orders are also a great option for transfers that aren’t time-sensitive. Some transfers (such as bills or educational payments) need to be made by a certain date, but if your transfer doesn’t come with its own hard deadline, you can take advantage of market orders to make the most of your money in your transfer.
How do I set up a market order?
Ready to set up a market order? It’s no more complicated than sending any other money transfer. If you don’t have an account, take just a few minutes and sign up for your free account first. If you’re already registered, visit the Money Transfers page to learn more about how you can get started.
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
Source
Online Open Evening: Treasury Management & Corporate Finance by VU Amsterdam
| 30-04-2020 | VU Amsterdam |
VU Amsterdam, will host an Online Open Evening on May 13, to provide you with the opportunity to get to know more about the post-graduate programs. You will have the opportunity to ask questions by means of an online livestream webinar.
Continue to read about the Treasury Management & Corporate Finance program, and to register for the Online Open Event on Wednesday May 13, 2020 from 18:15 pm to 19:15 pm CEST.
Treasury Management & Corporate Finance
The post-graduate Executive Treasury Management & Corporate Finance program combines two finance disciplines, as these disciplines are inextricably connected and largely overlap:
It is a unique program that has been running for more than 20 years at VU Amsterdam. The curriculum consists of 6 modules, each comprising approx 8 lecture days on Thursdays (from 15:30 – 20:00). It is an intensive and efficient 18-month program. Participants successfully completing this post-graduate executive program are awarded with the title of Registered Treasurer, a well-known and widely recognized within the world of Treasury professionals.
This program offers the following key benefits
In order to learn more about this program, ask questions during a livestream webinar, get to taste the experience at Vrije Universiteit Amsterdam, our Partner VU Amsterdam, invites you to join the Online Open Evening.
Program
Date, time and registration
Date: 13 May, 2020
Start: 18:15 – 19:15 CEST
Register Now and safe your virtual seat
Webinar Economic Briefing: The Economic Fallout From COVID-19
| 28-04-2020 | TIS |
Webinar: Economic Briefing: The economic fallout from Covid-19. Looking beyond the unprecedented.
Tuesday May 5, 2020 from 4 pm to 5 pm CEST
Our Partner TIS, Treasury Intelligence Solutions, will host a webinar, discussing the economic fallout from COVID-19, while looking beyond the unprecedented. How can we make sense of the ever more dynamic and globalized world we live in? Carsten Brzeski, Global Head of Macro Research and Chief Economist Eurozone at ING, will give you an up-to-the-minute economic briefing which is both insightful and entertaining at the same time.
Your host for this session will be: Kate Pohl, Adviser to TIS and an expert in her field of payments and payment innovation. She will give a short introduction concerning the payments landscape and reflecting the situation today in Europe. If you would like to pose a question, you can either send it in before the session to Kate via [email protected] or during Carsten’s presentation. At the end, there is time for Carsten to take audience questions.
Take a journey with TIS to better understand the implications of the future and the shape of things to come!
Enroll yourself for our free Webinar and get the answers!
Presenters:
Carsten Brzeski
Global Head of Macro Research and Chief Economist Eurozone at ING
Kate Pohl
TIS Advisor and Expert Payments
Date, time and registration
Date: 5 May, 2020
Start: 16:00-17:00 CEST
Register Now and safe your virtual seat