Exchange at home
Do your currency exchange at home and improve your competitive advantage.
Make international trading easier
If you are involved in foreign trade, using the local currency and doing the exchange in Nordea’s web based platform is smart as it:
- Makes it easier for your trading partners
- Increases customer satisfaction
- Saves costs
Does your company import?
Your foreign suppliers may add a risk premium to their prices in order to protect themselves against exchange rate fluctuations.
By offering to make your purchases in their local currency, you will effectively remove their foreign exchange risk, allowing you to obtain a better price and better payment terms.
If your business is looking to send payments to countries with regulated currencies (e.g. India or Indonesia), we can help with Trade Related Payments (Import / Export), Foreign Direct Investments, Inter-company loans and Capital Related Payments. For advice around regulated currencies, please contact Nordea Markets’ emerging markets team directly.
Does your company export?
If your customers have to pay you in a currency other than their local currency, they will never be certain of how much the products or services will actually cost.
You can improve customer satisfaction and increase sales by quoting your prices and making offers in your customers’ local currencies.
Don’t let currency risks lower your margins!
Foreign exchange rate fluctuations may cause unnecessary risks, because the value of your purchases and receivables will fluctuate.
Risk management should aim to make business more predictable, reducing fluctuations in cash flows and profits. Currency risk management helps your company with budgeting and allows it to achieve its estimated margins.Together we can tailor the most suitable solution for managing your company’s currency flows.
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