Do you presently have a process in place to monitor your foreign exchange payments?

International activity brings opportunities for companies but it can also bring unique challenges. An often-overlooked responsibility is the skillful handling of international payments and receipts. Do companies really know how much they are paying in foreign exchange mark-ups? Overpayment is rampant in companies large and small. We have found that corporations are often paying 1 to 3% more than they need to for their foreign exchange payments.

Lincoln Expense Solutions (LES) is an unbiased third party that provides FX trade analysis.  LES does not assist clients on transactions with the FX market.  If you would like to receive information about foreign exchange mark-ups and learn about steps you can take to effectively manage and lower the cost of your FX transactions, please click on the link below.

http://www.lescost.com/learn/wp/