商売／仕事 banking: Doing 商売／仕事 overseas and your bank account

By Simon Lambert
Updated: 10:58 BST, 21 May 2013

Holidaymakers may not be best pleased about the 落ちる in the value of the 続けざまに猛撃する in 最近の years, but for Britain’s 商売／仕事s it has meant a prime 適切な時期 for growth overseas.

商売／仕事s looking to sell to the Eurozone market 利益 from prices 存在 around a ４半期/4分の1 lower for euro 購入（する）ing partners compared to before 2008 and the 続けざまに猛撃する has also fallen against most other 通貨s around the world.

全世界の banking: Doing 商売／仕事 overseas

This 落ちる, 連合させるd with the 増加するing 緩和する of doing 商売／仕事 and 持つ／拘留するing 会合s over the internet, has 増加するd the 範囲 for UK 会社／堅いs to 利益（をあげる） from overseas 買い手s through 輸出（する）s.

For those looking to start doing 商売／仕事 or grow their 企業 with overseas sales, getting the 権利 商売／仕事 banking 始める，決める-up is 決定的な.

For 商売／仕事s that 購入（する） from abroad, the 続けざまに猛撃する’s 拒絶する／低下する has unfortunately 押し進めるd up prices, however, the 通貨 markets’ volatility and the 増加するd 輸入する costs also 最高潮の場面 the importance of getting the 権利, and most cost 効果的な, overseas 商売／仕事 banking 解答.

The 必須のs

If you are new to doing 商売／仕事 overseas or planning on 拡大するing your 操作／手術, then you should review different accounts and 選択s 利用できる and 調査／捜査する what banks can 申し込む／申し出 you.

Even if you are 簡単に 持続するing your 存在するing overseas 商売／仕事 and not 拡大するing, it is 価値（がある） reviewing your 選択s at least once a year and considering switching.

As with 国内の banking, the basic making and receiving 支払い（額）s services for overseas banking will be 類似の across 会・原則s, but 告発（する），告訴（する）／料金s and the 援助 on 申し込む／申し出 will 変化させる and it is 価値（がある） taking the time to carefully work out the best fit for you.?

追加するd extras can be very helpful: a foreign 通貨 貯金 account if you will be 持つ／拘留するing large sums can help you earn 利益／興味, while a foreign credit card is a very useful 新規加入 to the wallet.

If you are doing 商売／仕事 in a country, or countries that you know little about, then specialist advice on 地元の 商売／仕事 customs and cultures and how people like to operate there can be invaluable.

告発（する），告訴（する）／料金s for international banking are typically higher than for 国内の banking and you also need to factor in how 交流 率s will 影響する／感情 you.

評価する how much international 商売／仕事 you will do, whether you 計画（する） to grow this 大幅に and draw up a shortlist of banking 選択s. Then sound out your choices, 潜在的に at a 直面する-to-直面する 会合 and see how geared they are に向かって international 商売／仕事.

Things to think about will be basic 告発（する），告訴（する）／料金s, 通貨 交流 選択s, specialist 助言者s, special overseas growth 申し込む／申し出s, and the 範囲 of 援助 and 申し込む／申し出d in different countries.

• Find out how to save money on international 移転s here

保護する against 交流 率s

One of the big worries for those doing 商売／仕事 overseas is 交流 率s. Even small moves in the 続けざまに猛撃する’s value can cost your 商売／仕事 相当な 量s, although things could also go in your favour.

Working out how important 通貨 movements are to you and having a 計画（する） of how to を取り引きする them is 決定的な. In many instances, British 商売／仕事s will 結局最後にはーなる 完全にするing 処理／取引s overseas in a different 通貨, often euros or US dollars.

While a 転換 in the 続けざまに猛撃する could bring you extra money, remember 推測するing on 通貨 is an 極端に difficult game and even professional 仲買人s 定期的に get it wrong.

If doing 商売／仕事 overseas, you want to know what your costs and 利益（をあげる）s are and be able to build a solid 計画（する）, not be taking a punt on the 続けざまに猛撃する’s 未来 direction. We explain the main 選択s for 通貨 exc hange 戦略s below.

Euros: Simple 通貨 交流 and 位置／汚点／見つけ出す 率s

Simple 通貨 交流 and 位置／汚点／見つけ出す 率s

Changing 通貨 at 位置／汚点／見つけ出す 率s 簡単に means buying or selling at the 現在の market 率 at that moment in time.?

Your costs will fluctuate with 交流 率s, but can be minimised by looking for banks that 供給する a tight spread ? the smallest possible 利ざや between buy and sell 率s ? and 告発（する），告訴（する）／料金 low （売買）手数料，委託（する）／委員会／権限 or 料金s.

This 選択 may be suitable for those only doing smaller 量s of 商売／仕事 overseas, いっそう少なく 正規の／正選手 処理／取引s, or needing to change 基金s from 通貨 to 通貨 quickly.

It can be a more expensive way of changing money, however, and leaves 取引，協定s open to 通貨 危険 between the time when they are struck to when the invoice is paid.

Hedging ? how to insure against 通貨 moves

There are different types of 通貨 hedging and your bank should be able to help you with the best 解答s for your 商売／仕事, these are the main 選択s.

今後 foreign 交流 契約s ? 直す／買収する，八百長をするd 率s

今後 foreign 交流 契約s sound 複雑にするd, but they are 簡単に a 安全な・保証する and simple way of setting the 率 at which you change a 始める，決める 量 of 通貨 for a date in the 未来, be it from or into 続けざまに猛撃するs.

This is an ideal 戦略 when you're 確信して you need a 始める，決める sum on a 確かな day, that your 取引，協定 will go ahead, or you need to return a sum of money into 英貨の／純銀の at a 未来 point. You agree to buy or sell a 明確な／細部 量 of a foreign 通貨 at a 確かな 率, on or before a 始める，決める day.

This 保護するs against fluctuations, lets you 始める，決める prices and costs and 計画（する） your 予算 accordingly. The cost of taking a 契約 is usually built into the 率 and you can either use your bank or an 交流 specialist. The disadvantage is that if 率s move in your favour in the 合間, you lose out.

通貨 選択s: a more 柔軟な hedge

As the 指名する 示唆するs, a 通貨 選択 gives the 権利 to buy or sell some 通貨 at a 始める，決める 率 at on or before 明確な／細部 date, but you do not have to go ahead with this.

This is more 柔軟な but more expensive than a 今後 契約. You will 支払う／賃金 a 賞与金 for that 柔軟性, which could be one or two per cent of the 契約 value, often with a 最小限 告発（する），告訴（する）／料金.?

This tends to be better for larger 取引，協定s, or those that may not go ahead. The advantage is that a 商売／仕事 can pull out if 率s move in its favour and 利益（をあげる） from that by taking 位置／汚点／見つけ出す 率s instead. The disadvantage is the higher expense and the element of 憶測 introduced.

Foreign cu rrency accounts

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If you do a lot of 商売／仕事 overseas, or 計画（する） to have many 処理／取引s in and out of your account, perhaps both 支払う／賃金ing 供給者s and receiving 支払い（額）s for goods or services, then a foreign 通貨 account can be a good idea.

These can be the ideal 解答 for importers and 輸出業者s as you can operate money in and out, have receivables and payables in the same account and have cash ready in the same 通貨 to 支払う／賃金 overseas 法案s, thus 除去するing some of the 通貨 危険.

It can be easier and cheaper than setting up and managing a foreign bank account, with the account managed and advised on in Britain.

The disadvantage is that if you leave money sitting in a foreign 通貨 and 交流 率s move against you, but you need to 支払う／賃金 UK 法案s or bring money 支援する to the company in 英貨の／純銀の on a 確かな date you could lose out. On the 加える 味方する, if you are able to sit it out then you can wait for 率s to move 支援する in your favour.?

Foreign 通貨 accounts help 削減（する） 交流 costs and are a 柔軟な way of doing 商売／仕事 without having to enter into hedging 戦略s such as 選択s or 今後 契約s, but they may carry extra 告発（する），告訴（する）／料金s and leaving money sitting waiting for 交流 率s to move in your favour can be a long, thankless and 潜在的に fruitless endeavour.

• Read This is Money's 選ぶ of the five best 沖合いの／海外の accounts here

How to arrange your 通貨 戦略

Spotting your foreign 通貨 危険s is an 必須の 操作／手術 when deciding what 戦略 or combination of 戦略s to take.

Things to think about are how big your （危険などに）さらす is and the 危険s of 通貨 movements, what 影響 they would have on profitability and how much of your 商売／仕事 this 影響する／感情s. The タイミング of 支払い（額）s out and in are also important: is there a big or small gap between money in and out, or 取引，協定s 存在 struck and invoices 存在 paid, can a foreign 通貨 account 許すing you to 簡単に 持つ／拘留する some of your 商売／仕事’ 基金s in a different 通貨 help?

Remember that it is not all or nothing: 直す／買収する，八百長をするing some 通貨 and using a foreign 通貨 account can help 減ずる costs while 供給するing 柔軟性, or using some 選択s ? perhaps for 明確な／細部 取引，協定s that are better ふさわしい to this approach may be wise.?

Speak to your bank about this, as they will have years’ 価値（がある） of experience and be able to advise you on 解答s. The advice that is 利用できる here is an important consideration when choosing a bank.

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