Streamline International Fund Transfers to and from Sweden

PRLog (Press Release) - Dec. 6, 2012 - Credited with the invention of the standard seat belt in cars, Sweden is also known as a very stable economy with a GDP of US$538.13 billion in 2011. Its major private sectors include information and communications technology (ICT) and the automotive industry while Sweden's top imports are machinery, petroleum and chemicals.

"Technocash enables instant account-to-account transfers even when both parties are not based in the same country. It is highly useful for businesses that plan to expand globally," Paul Monsted, managing director of Technocash Limited says. Visit http://www.technocash.com/pages/trade-with-sweden.cfm for more information on exploring business opportunities in the Swedish market.

A Multi-Faceted Payment Strategy to Ease Global Transactions

Numerous factors contribute to the success of global business ventures. Technocash, a quality cross-border payment platform greatly eases international business transactions because it enables businesses to hold, use and convert over a dozen currencies, including the Swedish Krona. This means your business has greater control over the payment process because your Swedish clients and business partners are able to pay you in the local currency. When funds arrive in your Technocash Account, it is ready for you to use or convert to another currency of your choice.

In addition, all transactions come with a unique code, the TransID to help business owners track payments and keep organised records.

Streamline the Payment Process

Wire transfers are commonly associated with delays. Erroneous details such as incorrect account number, SWIFT code and beneficiary name cause wires to be cancelled. Delays may also occur as a result of unexpected reasons, such as "Account not accepting wire transfers". Less major currencies such as the Swedish Krona can also pose cross-border transfer issues due to currency conversion fees and less established relationships between the sending and receiving banks.

A Technocash Account offers an efficient cross-border payment strategy that streamlines the international fund transfer process and bridges the gap between you and prospective Swedish clients. Account to account transfers are instant within the Technocash system. If your Swedish clients or business partners do not have a Technocash Account yet, they can simply wire you payments through Technocash's Swedish account. Wire transfers are made easier because clear instructions are provided, which takes the guesswork out of the process. Contact marketing@technocash.com for more information on how having a Technocash Account eases your business's global payments.

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