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In the world of business, cross border payments can make a significant difference to your bottom line, in terms of fees and time.
As any importer or exporter of goods or services will agree, a 5% swing in the exchange rate can make the difference between a healthy profit and a loss.
The same can be said of direct costs, such as fees that are incurred when transferring money internationally, and indirect costs as businesses deal with complexities of foreign transfers and the search for competitive rates.