Forte Tax & Law’s Post

Are we in the right direction? The value of exchange rate in influenced by demand and supply. Can this directive lead to closure of foreign exchange accounts? Will this singular act result in panic withdrawals? If then, what is the impact on availability and accessibility of foreign currency? With Banks serving as intermediaries between borrowers and lenders, will the lack of access to sufficient foreign currency have a massive impact on the price of foreign currency?

Are you confused while determining value of supply in case foreign Currency Exchange ? https://lnkd.in/gKi26Kh4 #confused #valueofsupply #foreign #Currency #Exchange 

*Trade & Capital Account learning of the day:23* *Nostro account* bank account that a bank holds with a foreign bank in the currency of the country where the funds are held. The term “nostro” is a Latin word that means “ours,” and it is used to facilitate foreign exchange and international trade transactions involving foreign currencies.

How will the geopolitical landscape transform #Finance in 2025? Trade tariffs, digital currencies, payment innovations, and ongoing geopolitical conflicts - these factors pose many shifts and disruptors for finance and treasury departments in 2025. Our report reveals actionable insights on how to stay prepared for what the future holds. Download below 👇 https://bit.ly/3OTPVmY #GeopoliticalLandscape #Treasury #Payments #Tariffs

When engaging in international trade, foreign exchange matters become essential and the following are all a part of the challenge: 🔹Converting currencies 🔹Fulfilling payments to foreign suppliers 🔹Managing exchange rate volatility Accurately forecasting financial outcomes can be arduous, impacting your commercial margins. However, implementing a foreign exchange strategy is key to mitigating the effects of exchange rate fluctuations and safeguarding your business against risks. This strategy acts as a shield, providing stability and consistency in uncertain currency movements, ultimately protecting your bottom line. Book a call with our team, and we'll provide advice on how you can optimise your processes. 📲 +44 (0)203 865 5780 📧 operations@capexcurrency.com #internationalpayments #fxstrategy #fxbroker

Are you confused while determining value of supply in case foreign Currency Exchange ? https://lnkd.in/gKi26Kh4 #confused #valueofsupply #foreign #Currency #Exchange

It's time to put your currency knowledge to the test! Look closely at these banknotes, Which country's currency is featured here? Let us know in the comments!

Just read the brief by CTL on the Regulation on Foreign Currency in the Maldives 🇲🇻. Quick updates like this are so helpful for lawyers and other professionals to stay up to speed with new compliance requirements. Thanks to the writers for striking the perfect balance between thoroughness and brevity 🙌 Hussain Zameel Arzan Asif While this change will undoubtedly help address the dollar crisis, I’m curious whether the practicalities of doing business and the compliance burdens were fully considered before introducing such a sweeping regulatory change. Fun stuff.

Check out our blog about Foreign Currency Merchant Accounts. Find out how to control international transactions on our blog page today. https://lnkd.in/ejVvMCSN

Check out our blog about Foreign Currency Merchant Accounts. Find out how to control international transactions on our blog page today. https://lnkd.in/ejVvMCSN