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The freemarket foreign exchange glossary

The freemarket foreign exchange glossary

At freemarket we’re aware that foreign exchange is a necessary part of many peoples’ lives – for both personal and business reasons. We also know that it can be confusing trying to keep up with the phrases, terms and acronyms that are associated with foreign exchange. We’ve created this short glossary to help; whether you are completely new to foreign exchange, or just want to clarify your understanding.

7 apps for people who work remotely

7 apps for people who work remotely

With many employers embracing flexible working practices, remote working is no longer reserved for freelancers and self-employed individuals. While there are many perks to working remotely, it can also present its own set of challenges. Here are 7 apps that make working away from the office easier.

Introducing our new Payment Request Function

Introducing our new Payment Request Function

If you’re an SME or individual who needs to receive money from abroad, you’ve probably experienced the sinking feeling that goes with your payment arriving minus a great chunk due to currency exchange fees.

How to move your business abroad

How to move your business abroad

With Article 50 triggered and Brexit looming, many business owners may be considering moving part or all of their business abroad. Needless to say, there is potential for a move like this to be hugely beneficial – but also for it to be damaging if unsuccessful.

5 tools to automate running your business

5 tools to automate running your business

Automation has become ubiquitous in many aspects of our lives, both personally and professionally. It’s now possible to automate anything from receiving a notification when you leave the fridge door open, to sending an email with a map to where you’ve parked your car (come on, we’ve all been there).

What is a Scheduled Exchange?

What is a Scheduled Exchange?

By now most of our readers will be familiar with the concept of Scheduled Exchanges – they are the unique mechanism by which we are able to achieve mid-market rates of exchange. By using peer-to-peer technology and aggregating our customers’ requirements into one exchange we can optimise the opportunity to match currency and deliver the best possible rate for all involved. Here’s how we do it.

The smart way for charities to save £50 million a year

The smart way for charities to save £50 million a year

In our latest customer case study, the Aquaculture Stewardship Council explained why they choose freemarket for their foreign transactions – with efficiency and cost savings being among the main drivers. Unfortunately for many other charities, lack of transparency continues to result in millions being lost in exchange costs.

Tips for paying international invoices

Tips for paying international invoices

In a globalised world, it’s more important than ever for SMEs to take advantage of the benefits available through importing and exporting. That being said, it can be overwhelming when confronted with the myriad laws, regulations and pitfalls associated with taking a business global.