Cheapest way to send money international
28 December 2021A reliable financial world, is that possible?
20 January 2022Covid in 2022
The honest answer, “No idea”. It is difficult to say what will happen in 2022. The world is currently suffering from a pandemic and inflation is soaring. This creates uncertainty for you as an entrepreneur. As an entrepreneur you have to deal with this problem.
Currency Risk in 2022
Fortunately, there are options at HanzePay to reduce your currency risks. For example, you can buy security through currency forward contracts or not buy currency forward contracts in order to be as flexible as possible during this period. Your solution strongly depends on your specific situation.
How to protect myself against currency fluctuations
With a forward contract you can lock the price of “today” for a date or period in the future. You must always fulfill the contract. That means you are also taking a risk. After all, if you do not need the currencies, you are obliged to buy the currencies.
At HanzePay we offer various products to minimize your risks. For example, you can do spot or forward transactions via our platform.
Open your free HanzePay account now!
Would you like a meeting first? Please contact us via +31 (0) 38 202 2883 or info@hanzepay.com
Please note, what is written above is not an advice. This article is written to inform you about what is possible.