In the News
Financial Times Adviser - SMEs credit management benefits from online currency exchange sites
- 04 Aug 2011
- Source: Financial Times
SMEs credit management benefits from online currency exchange sites.
Online currency exchange has helped SMEs increase profit margins, according to CurrencyFair, a peer-to-peer online foreign exchange market.
CurrencyFair revealed that British small and medium-sized firms are optimising turnover by about 5 per cent through avoiding bank charges and unfavourable exchange rates.
