Economic globalisation, the removal of cross-border trade barriers and advances in transportation, mean it has never been easier to find a manufacturing or wholesaling partner halfway around the world. China has experienced exponential growth ... Read More >
We have crafted a range of compact and easily digestible guides for you to read covering a range of relevant payments, money transfer and FX subjects.
In these guides, solutions to changing FX trends and global trade are answered, enabling business teams to enhance or further develop business plans. Regardless of your business type, we have a guide for you to read to help with how your organisation manages your money and payments.
An export powerhouse, China embraces exporting goods on a global scale, enabling businesses around the world to take advantage of low manufacturing costs and a huge choice of suppliers. While buying from China is easier than ever thanks to advances i... Read More >
The world of international payments made easy With an International Payments Account from WorldFirst, you can pay your overseas suppliers as if they were around the corner. In the past, the cost and inconvenience of currency... Read More >
Guest article: James & James The opportunity to introduce new customers to your products and position yourself as a ‘global brand’ can help create a strong brand positioning within your market. There are many compelling reasons for expanding y... Read More >
You may already know that Chinese Renminbi (RMB) is the official currency of China, but did you know you can easily make international payments in RMB? Here’s our quick guide to Chinese Renminbi and how to save on your payments into China by transfer... Read More >
Why would a business expand internationally? In spite of the global economic downturn caused by Covid-19, a report carried out by CFO research found that 45% of respondents were either currently expanding their businesses globally or were planning t... Read More >
When the UK leaves the European Union on 31st December 2020, UK businesses who are already VAT registered in EU states will be required by many countries to appoint a local fiscal representative (fiscal rep). This is because the UK will no longer be ... Read More >
According to iexpats.com, there are now more than 5.5 million Brits working abroad. According to the figures, Australia, interestingly, hosts the largest number of British ex-pats by some stretch, beating Spain by 539,000. That equates to 1 in 10 peo... Read More >
The Single Euro Payments Area, also known as SEPA, is a payment scheme set up by the European Union. The aim is to make electronic cross-border payments in Euros as easy as making a payment in your own country. Single Euro Payments Area regulations e... Read More >
Transfer pricing is a means of pricing used when two companies part of the same multinational corporate group, trade goods, services or assets across borders. For an example, if a subsidiary company sells goods to its parent company in a different ju... Read More >