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How to draw-down from a flexible forward

Step 1:

From the dashboard, select ‘Payments’ from the Top Navigation.

Step 2:

Select ‘Transaction Management’.

Step 3:

Find the ‘Flexible forward’ you wish to make a drawdown from and click ‘Add Payment’.

Step 4:

Select the payee you would like to pay, and add in any references you need to go on the payment.

Step 5:

Input the amount you would like your payee to receive, or the amount you would like to debit your account for this payment. Make sure these amounts are within the amounts available on your trade.

Step 6:

Choose your payment date. This date must be within the settlement window of your flexible forward.

Step 7:

Approve the payment via your Authy app or via an SMS code.

Step 8:

Confirm your payment if you are happy to proceed.

Step 9:

Top up your WorldFirst currency account with the amount stated into the account details on screen. This amount is inclusive of any payment fees.

Stream A

Death, taxes and expanding to the U.S.

This session will cover the basics of what your key tax obligations are and answer questions

such as:

  • What are the biggest mistakes businesses make when expanding to the US (from a tax perspective)?
  • How to avoid penalties: what happens if you don’t comply? How to stay ahead of changing regulations?
  • How to keep tax compliance from being a bottleneck?
  • What resources or tools can businesses use to manage tax compliance without an in-house expert?
  • At what stage should businesses invest in tax automation software?
  • How can automation help prevent tax errors?