Companies that make international payments or receive them say their biggest concern is the level of information they have about such payments. A recent survey by Travelex, the foreign exchange specialist, shows that 26% of companies cite delayed confirmation of international payments or receivables, while 20% say they're troubled by the lack of visibility on international payment and receipt schedule. Another 15% of the companies say they're not prepared for possible fluctuations in exchange rates, while 12% say it's difficult to manage international payments.
|The Travelex survey of 700 senior finance executives who are Treasury & Risk subscribers found that 72% either make or receive international payments. On average, the companies surveyed have 21.4 foreign currency accounts.
Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.
Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:
- Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
- Exclusive discounts on ALM and Treasury & Risk events.
- Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.
*May exclude premium content
Already have an account? Sign In
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
