For UK businesses
Business FX and overseas payment guides
Know what to prepare, what to ask and what to check before your next overseas payment.
Turned down for a business FX account?
A decline can leave you wondering how to pay your next invoice. Start with the reason, your records and the requirements of the provider you approach next.
Read guideHow much is your bank charging on international payments?
The transfer fee is only part of the picture. Compare the exchange rate, the amount your supplier receives and the terms of the payment together.
Read guidePaying suppliers in China: a guide for UK importers
Agree the currency, verify the recipient and plan around the payment deadline. A clear invoice is the starting point, not the whole payment process.
Read guideWhat is a forward contract, and does your business need one?
A forward can give you a known exchange rate for a future payment. It is also a binding commitment, with costs and cash-flow risks to understand.
Read guideWhat documents do you need to open a business FX account?
A clear document folder can make questions easier to answer. Ask for the provider's checklist first, then make sure your records tell a consistent story.
Read guide