Why Limit Yourself to One? Go Multi-Currency

Foreign currency accounts that only allow you to hold one currency are limiting for global businesses. Imagine the opportunities a payment platform that allows your business to hold, use and convert funds in more than a dozen currencies presents.
Go multi-currency
Go multi-currency
SYDNEY - May 22, 2013 - PRLog -- For global businesses, having a cross-border payment strategy that offers the ability to hold many currencies in one account is extremely valuable. Globalisation has opened up many economies, merging them into a massive international marketplace.

“The opportunities that global trade presents are exciting and limitless. A multicurrency account is like a passport to doing business internationally,” Paul Monsted, managing director of Technocash Limited says.

The Technocash Multicurrency Account enables accountholders to hold, convert and use over a dozen currencies, including AUD, EUR, GBP and CAD. Instant currency conversion is supported in the Technocash System, offering your business convenience. Visit http://www.technocash.com/pages/multicurrency-account.cfm for more information on sending and receiving funds globally with a Technocash Account.

An Ally to Your Global Expansion

Does your company have subsidiaries or business dealings in numerous far flung places, such as Canada, Hong Kong or Thailand? Having Technocash Accounts enables your business to send and receive payments in their local currencies, without automatic currency conversions typical of wire transfers, which incur extra cost.

Multiple currency conversions occur when intermediary banks are involved in a wire transfer, often at unfavourable rates. This means your business has to account for extra costs in its fund transfers. Imagine a digital payment platform that enables your business to transcend automatic currency conversions and time zone differences.

Instant Account-to-Account Transfers, Anywhere in the World

Technocash’s centralised, digital system means that account-to-account transfers are instant. Do your business partners have Technocash Accounts? Global Technocash Instant Transfers take the hassle out of arranging for wire transfers and waiting for payments to arrive, which can take up to several weeks.

With Technocash Instant Transfers, the process of sending international payments is easy. Accountholders select the currency they wish to send their funds in and it arrives instantly in their payee’s Technocash Account. Visit http://www.technocash.com/pages/instant-payment.cfm to find out more about instant international payments, or apply online for a Technocash Multicurrency Account today.
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Tags:Multicurrency Account, Technocash, Instant Transfers, Cross-border Payments
Industry:Business, Financial
Location:Sydney - New South Wales - Australia
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