Sterling will start the week around 1.25 against the USD. If you had to pay a suppliers invoice for $500,000 that would cost you £400,000 but if STG/USD goes down in the next couple of days (which could happen over Brexit jitters) to 1.22 that same invoice would cost you £409,836 (that's a massive difference..)
Minimise the risk and lock into a rate! Contact us..
(note these are inter-bank rates but the difference is still the same!)
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