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International Payments Online April 1, 2009

Online Tool To Cut Costs For SMEs Doing Business Abroad

Firms doing business abroad can now improve their profit margins using I-PAYFX, a new online service from Currencies Direct, the UK’s leading foreign exchange company.

In an increasingly global world, with firms buying and selling more and more goods and services overseas, foreign exchange and transaction costs can rapidly erode margins.

And once firms have factored in the complications of banks, overseas accounts, and exchange rate negotiation the whole process of international trade becomes an exhausting drain on time and money.

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