W whytis Registered User Messages 56 19 May 2014 #1 Hello, our company earns some income in USD, and it gets lodged to its Irish bank which applies their exchange rate. Over time, I think we could save a bit of money using a dedicated forex company like Transfermate. However, I see risk in transferring cash to a third-party, at the risk that they'll go bust while they're processing one of our payments. What's your opinion on the level of this risk? Whytis.
Hello, our company earns some income in USD, and it gets lodged to its Irish bank which applies their exchange rate. Over time, I think we could save a bit of money using a dedicated forex company like Transfermate. However, I see risk in transferring cash to a third-party, at the risk that they'll go bust while they're processing one of our payments. What's your opinion on the level of this risk? Whytis.
W whytis Registered User Messages 56 19 May 2014 #2 Sorry, I realise I should have posted in a different forum. Could a moderator please move this conversation?
Sorry, I realise I should have posted in a different forum. Could a moderator please move this conversation?