International Money Transfers to Foreign Countries: What you Need to Know

Updated on Thursday, Dec 23, 2021

It's finally time to read the information on a much-needed international money transfer to foreign countries. Before you pay, there are a few things you need to know about international money transfers.
Money Transfer Checklist: Before you Exchange Currencies, There are a Few Things to Consider

Updated on Wednesday, Dec 08, 2021

Depending on the platform you are using, sending money may be quick, easy, and hassle-free. We've put up a money transfer checklist to make your international or domestic currency exchange more efficient before that money transfer deadline arrives.
Retiring Abroad - Setting up your lifestyle

Updated on Thursday, Nov 25, 2021

Retiring abroad is a big decision. It means moving to another country and setting up your life in a new place, with different laws, customs, and cultures. There are so many benefits to retiring overseas retirement that it’s worth considering before making this major change.
How to Buy Property Overseas & Avoid Paying Excessive Bank Exchange Rates

Updated on Wednesday, Nov 17, 2021

Many Canadians are looking overseas to buy property because prices in Canada have risen dramatically over the last few years. Many see their overseas investment as much more affordable than if they were to buy land here in Canada.
B2B E-Commerce Marketplaces - Diversifying International Payment Options

Updated on Thursday, Oct 28, 2021

Statista¹ estimates that nearly 1.2 trillion USD worth of products and services will be sold via B2B e-commerce websites by the end of 2021. According to Digital Commerce 360, B2B marketplaces generated $680 billion in 2018, and they expect revenues to increase to $3.6 trillion by 2024. To put it in context, that is about twice the value of Canada’s projected GDP for 2021.
An Essentials Guide for Snowbirds Migrating to the USA this Winter

Updated on Tuesday, Oct 26, 2021

Google defines a snowbird as either “a northerner who moves to a warmer southern state in the winter”, or “a junco with gray or brown upperparts and a white belly.” These definitions are quite similar if you think about it. Most Canadians who spend their winters in states like Florida, Arizona, California, and the Carolinas have gray hair, a brown “farmer’s tan” and white bellies.
Are you Paying your Vendors in their Local Currency - Blog MTFX

Updated on Thursday, Jul 08, 2021

Have you considered paying your vendors in their local currencies? This is why you should
4 Steps for an Effective Hedging Strategy

Updated on Wednesday, Jun 23, 2021

Currency exchange rates are volatile and can add extra risks in doing business with foreign companies, especially in today's economic climate. If exchange rates are not fixed when business deals are finalized with international customers, you open your business to currency risk that creates added costs, impacts profits, and can reduce your cash flow.
Have you Created a Post Covid Business Plan - MTFX Blog

Updated on Wednesday, Jun 09, 2021

Have you created your post-covid business plan? 5 steps to protect you from rebounding market risk.
Are you a Multinational? Then you should have a Strategic FX Management Plan in Place

Updated on Thursday, Jun 03, 2021

When developing an up-to-date treasury management practice for your business in today’s climate you need to ensure your plan includes an international payment and currency risk management approach to be sure you protect your profits from exposure in the current volatile marketplace.

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