Protect yourself and your profits
If you’re an international business, you need a foreign exchange risk management plan to ensure your cash flows run smoothly. You already know that risk management is essential to your success, so choose a foreign exchange partner who understands your exposure.
Your foreign exchange risk management strategy could mean the difference between profit and loss
If you’ve signed contracts for payments or receipts in foreign currencies, your business will be exposed to potential currency fluctuations over the course of the year or even within a single day. (Remember, the pound sterling (GBP) dropped 10% in one day after the 2016 Brexit vote.)
OFX understands that you need to be able to have a predictable cash flow while being able to profit from advantageous currency movements. That’s why we offer a variety of products, so you can choose the level of exposure that’s right for your business.