The Hidden Costs of Your Cross-border Payments—And What to do About Them
Updated on Tuesday, Dec 01, 2020
If you have traveled abroad and purchased goods and services, you might have thought that your only concern was the exchange rate between your Canadian dollar and the local currency. Weeks later when the bills arrive, the shocking news is that somehow 7 percent was added to that big hotel bill you paid.
Why businesses should consider partnering with fintech’s vs banks to accelerate growth across borders
Updated on Tuesday, Nov 24, 2020
Learn how to quickly and easily convert Canadian Dollars (CAD) to South African Rand (ZAR) with this step-by-step guide. Get an idea of the exchange rate and decide if it's a good time to ma...
Global Collections Services Make for Loyal Overseas Customers
Updated on Wednesday, Nov 18, 2020
You sell a great product. It does well outside your borders and your prospects for business expansion look good.
Ensure Better Overseas Payment Processes with a Third-party Digital Platform
Updated on Wednesday, Aug 19, 2020
E-commerce transactions can move at light speed. Online customers—especially those overseas—expect the same speed, convenience, and efficiency when ordering and making digital payments—or they will execute their option to shop elsewhere.
5 Steps in the Overseas Payment Process
Updated on Tuesday, Aug 18, 2020
In an overseas payment transaction where you receive money from customers, the process is relatively straightforward. Your customers pay through a variety of methods and portals, and the money shows up in your account.
U.S. Colleges and Universities Beckon Canadian Students
Updated on Monday, Aug 17, 2020
Thinking about going abroad to earn your undergraduate or postgraduate university degree? Consider our southern US neighbor’s top-ranked academic institutions.
Managing Paying Income Taxes Abroad
Updated on Friday, Aug 14, 2020
Canadians working overseas or who have made an investment abroad, are likely to be subject to foreign income taxes. Some countries exempt foreign income from taxation, but residents still might have to pay tax on the sale of an asset, even if the asset is in their home country.
Paper Cheques Still Have a Role in the Digital Age--But Not So Much within FX Transactions
Updated on Thursday, Aug 13, 2020
The cliché “The cheque is in the mail” has never inspired confidence. In local B2B transactions, cheques are the equivalent of adding a shell to snail mail. But paper cheques still have a role in the digital age.
The Best Way to Transfer Money to a Foreign Bank Account
Updated on Wednesday, Aug 12, 2020
The best way to transfer money abroad is to choose the optimum method for your circumstances, access the most favorable exchange rates, and avoid hidden fees. Those choices must be balanced against convenience, speed, and security compliance.
How to Maximize Profits When Invoicing Overseas Clients
Updated on Tuesday, Aug 11, 2020
Risk frequently follows the opportunities for foreign business transactions. With the advancement of technology, along with innovation in eCommerce, it has become easier for companies to operate virtually, without geographical constraints.
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