Float’s recent survey for The Financial Outlook of SMBs in 2025 report found that while 39% of Canadian businesses exchange currency weekly or monthly, over half struggle with high fees and poor ...

Let’s say you had $10,000 of CAD that you wanted to exchange for USD. At the spot rate you would get US$6,985, but the bank only gives you US$6,816, meaning you lose US$169 to the forex spread ...

Global Currency Services in Guelph, Ontario facilitates currency trading at competitive rates for individuals and businesses. Does your company do business around the world?

Commission fees: It’s not uncommon for a currency exchange business to impose a commission on your transaction. You may experience a fee of 1 to 3 percent on your transaction, charged either as ...

With digitalisation on the rise, traditional players in the money services business (MSB) must rethink their models given the ...

Chinese companies sold a record amount of currency options in the first half of this year as domestic businesses, particularly exporters, bet on a steady yuan and used derivatives to make some extra ...