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In today’s global economy, companies looking to grow their business should consider sourcing and selling in foreign markets. Whether the organization is a subsidiary of a foreign company or a U.S.-grown business looking to expand overseas, the treasury team needs to understand all their alternatives for structuring foreign payments and receipts.

Handling overseas financial transactions is no easy feat. Managing currency exposures, pricing, foreign bank services, and overseas counterparty risks may leave any domestic treasury staff feeling overwhelmed. Here are some key considerations for managing corporate finances in a foreign country.

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