Fluenccy Blog

The Great FX Waste: How SMEs Are Wasting Good Profit Margin On Bad Foreign Exchange

SMEs in Australia are wasting up to $20,000 per year on their foreign currency – they just don’t know it. Learn why and how you can avoid FX waste here.

Tony Crivelli

March 16, 2023

SMEs Blinded By FX ‘Fog’ & Losing Thousands

While cross-border payments and money sent abroad have increased in the last few years, the big banks in Australia and the UK haven’t offered much more clarity on their FX charges...

Tony Crivelli

February 20, 2023

Are Poor Currency Rates Costing Your Business?

Throughout 2020, SMEs and start-ups wasted an average $32,500 on their foreign exchange and international payments...

Tony Crivelli

January 12, 2023

3 Simple Steps To Better FX Rates For Your Business, Forever

In the world of foreign currency and cross border payments, SMEs are the worst off every time and frankly, I’m tired of it...

Tony Crivelli

December 14, 2022

How Foreign Currency Gains and Losses Work In Xero

Xero offers multiple currency accounts and reporting on its premium plans and uses XE.com to inform the exchange rates on an hourly basis...

Tony Crivelli

November 22, 2022

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The latest FinTech insights from Fluenccy

The Great FX Waste: How SMEs Are Wasting Good Profit Margin On Bad Foreign Exchange

SMEs Blinded By FX ‘Fog’ & Losing Thousands

Are Poor Currency Rates Costing Your Business?

3 Simple Steps To Better FX Rates For Your Business, Forever

How Foreign Currency Gains and Losses Work In Xero