If you have either many international transactions and/or the transactions are of high amounts, it is definetely worth it.
The advantage of having a bank account in a foreign currency is that you are able to do payment transactions without the need of converting from one currency to another.
Cash management or treasury management is used as a broad description of the discipline of handling cash. In these series of 10 steps of better cash management, we will focus on a company's outgoing and incoming payments.
Manual handling of transactions and reporting accounts is one of the most time-consuming processes of all. By letting technology take over, you save time, reduce costs and work more efficiently. Continue reading →