The True Cost for Overseas Payment from Indonesia (Bonus Comparison of Alternatives)

Sending money in high amounts may involve high fees if made through a bank. What are the other options? Which is the cheapest way to send money abroad? Are they reliable and easy to use? We have answered all these questions and some more in this article.…

Understanding Forex Accounting (with example)

Small and medium businesses trading internationally often make or receive payments in foreign currencies. Forex accounting involves keeping track of how much money is gained or lost during these transactions that involve foreign currency (FX) conversions. This business-friendly guide has been designed to help SMBs demystify forex accounting so they…

Demystifying International Payments: A Jargon-free Guide for SMEs

In this article, we demystify this jargon so you can understand the international payments landscape better, and make the most of it to grow your business.…

The Advantages of Opening a Local Currency Account for International Business

If you are an SME in Singapore, here’s a way to do international business and extract the maximum value from payment receipts with local currency accounts.…