3 hidden costs of international business payments and what you can do about them
Moving employees around the world generally requires the payment of compensation and / or salaries in foreign currency. We look at some of the hidden costs surrounding international payments along with some helpful ideas on how to overcome them.
If you have overseas suppliers you know that making cross-border payments can be expensive. Here are our suggestions for removing hidden costs…
Any business that makes international payments knows that banks typically charge a fee for every international transaction. And if you’re making a lot of payments, the costs can really start to add up. But did you know there are other hidden costs? Those transaction fees could just be the tip of the iceberg.
Read the full article here