What is the mid-market exchange rate?

Home  >  Guides to grow your business  >  Business Banking Insights What is the mid-market exchange rate? Last updated: 19.12.2024 New to international transfers? Learn how mid-market rates can affect your transaction costs and profit margins Open a World Account Key takeaways The interbank or mid-market exchange rate is the rate banks and financial institutions […]

An SME’s guide to saving more on international transactions

Home  >  Guides to grow your business  >  Business Banking Insights An SME’s guide to saving more on international transactions Last updated: 09.12.2024 Discover the top ways to save more on international transfers and protect your profit margins Open a World Account Partner with a payment provider that offers low transaction fees and competitive exchange […]

Future-proof your business in 2025

Home  >  Guides to grow your business  >  Business Banking Insights Future-proof your business in 2025 Last updated: 05.12.2024 Learn how to tackle challenges and opportunities in 2025 with actionable advice and tips on international payments. Adapt your business to the year ahead. If 2024 was anything to go by, changes affecting the business environment […]

How to calculate exchange rates?

Home  >  Guides to grow your business  >   Business Banking Insights How to calculate exchange rates? Last updated: 02.12.2024 Learn how exchange rates work and how to calculate them Open a World Account Key takeaways An exchange rate is the rate at which one currency can be exchanged for another It tells you how many […]

Benefits of a business bank account

Home  >  Guides to grow your business  >   Business Banking Insights Benefits of a business bank account Last updated: 29.11.2024 Still on the fence about opening a business bank account? Take a look at its top benefits. Open a World Account Key takeaways A business bank account keeps your finances organized, providing a clear view […]

How to compare business bank accounts?

Home  >  Guides to grow your business  > Business Banking Insights How to compare business bank accounts? Last updated: 23.10.2024 Confused about choosing a business account? Take a look at the top factors you should consider Key takeaways Look into the fees charged by the business account for sending, receiving, and holding funds Find a provider […]

ABN vs ACN: Which one does your business need?

Home  >  Guides to grow your business  > Business Banking Insights ABN vs ACN: Which one does your business need? Last updated: 21.10.2024 If you run or plan to run a business in Australia, you’ll need an ABN, an ACN, or both. Let’s compare ABN vs ACN Open a World Account Key takeaways Not every […]

How to make an international wire transfer?

Home  >  Guides to grow your business  > business-banking-insights How to make an international wire transfer? Last updated: 18.10.2024 We walk you through the process of making fast, secure and reliable international wire transfers. Open a World Account Key takeaways International transfers usually involve multiple banking networks and even a currency conversion The transaction fees […]

CommBank foreign currency account: Review & comparison

Home  >  Guides to grow your business  >   Business Banking Insights Commonwealth Bank foreign currency account: Review & comparison Last updated : 1st August 2024 CommBank offers a foreign currency account for businesses to make secure global payments. But can it protect your profit margins? Let’s take a look. Key takeaways You can send funds […]

NAB foreign currency account: Review & comparison

Home  >  Guides to grow your business  >   Business Banking Insights NAB foreign currency account: Review & comparison Last updated: 1st August 2024  Explore the features and benefits of NAB’s foreign currency account in this detailed review. Key takeaways NAB allows businesses to set up local currency accounts in 16 major currencies You can’t open […]