18/07/2023 RFXplainer: How RationalFX same-day value date guarantees the best exchange rates The value date in international payments refers to the date on which a transaction is settled, that is, the date on which the funds are transferred from one bank account to another. In the world of international payments, the value date is critical as it impacts a number of important aspects of the transaction, including … Read more
23/03/2022 UK Spring Statement 2022 and its potential impact on GBP In the backdrop of the worst inflation in decades reaching the 6.2% mark, the war in Ukraine and rising living costs, the Chancellor of Exchequer Rishi Sunak delivered his Spring Statement today. Mostly expected, the new measures involve around the key issues the UK population is facing. The UK economy is forecast to grow by … Read more
29/10/2021 Autumn Budget 2021: what happened and how will the pound react? Finance minister Rishi Sunak unveiled the contents of his famous red briefcase in the House of Commons on Wednesday â and he was in a bullish mood. Back in March, the Chancellor of the Exchequerâs Spring Budget statement painted a bleak picture of the state of the UKâs finances, as the nation prepared to take … Read more
29/08/2021 RFXplainer: Buying property abroad Buying property abroad is no easy task. You have to manage different mortgage and tax systems, sort out visas and permits, all while navigating new currencies and languages. No two countriesâ systems are the same either so if youâre still unsure where you want to go, the amount of information available can be pretty overwhelming. … Read more
23/08/2021 RFXplainer: Foreign exchange contracts explained Whether youâre purchasing property abroad or just looking to go on holiday with as much money as possible, foreign exchange can be a complicated thing to get your head around. It can often feel like unless you have an intimate knowledge of the foreign exchange market, you basically get what youâre given. If your currency … Read more
19/08/2021 RFXplainer: What are mass and batch payments? Mass payment, sometimes known as mass payouts or batch payments, is a way of paying multiple recipients all at the same time. They are often facilitated by either a payment provider or a payment provider’s own platform. Theyâre especially popular with businesses as it allows them to pay multiple employees and suppliers quickly and easily. … Read more
02/06/2021 Introducing the brand new RationalFX employee benefits package Here at RationalFX, weâre entering a really exciting phase. With global expansion and international partnerships and new products. A lot of that has been years in the making but only pushed over the line in the last year. To do that in a year like no other, with our people working from home, is nothing short … Read more
29/05/2020 Managing currency market risk in uncertain times Unprecedented events certainly havenât been in short supply so far in 2020. Forget the political jousting that defined 2019 and eventually saw Boris Johnson achieve a landslide election victory â after all, general elections havenât exactly been in short supply in recent times. This year has seen the UK â and the world â thrust … Read more
28/05/2020 RationalFX: helping in the hunt for PPE The escalation of Covid-19 into a global health crisis has seen the supply of Personal Protective Equipment (PPE) for frontline health workers become one of the defining issues of the pandemic. According to the Health and Safety Executive, PPE is âequipment that will protect the user against health or safety risks at workâ. When it … Read more
22/05/2020 The automated mass payment revolution The age of automation, the digital revolution, the fourth industrial revolution: whatever you want to call it, the rapid rise of internet-enabled automation in the 21st century has had a profound impact on the world of international payments â and will continue to do so thanks to a constant stream of digital advancements. Take the … Read more
22/05/2020 Secure international payments: how to check your providerâs security credentials Convenience can lead to complacency when it comes to your business making secure international payments online. The ability to open an account in minutes and make transfers at the touch of a button often overshadows the need to check your payment providers security credentials. Simply assuming theyâre regulated and have sufficient processes in place will … Read more
13/03/2020 How is coronavirus impacting cross-border businesses and markets? The World Health Organisation has labelled the coronavirus outbreak a global pandemic, following its rapid spread from China to multiple countries around the world. The problem for currency markets is its infecting economies as quickly as people. Symptoms include everything from disappointing data showing its strangling supply chains and disrupting manufacturing to emergency monetary policy … Read more
11/03/2020 2020 Budget Impact on SMEs and the FX market Chancellor Sunakâs Budget announcement had minimal impact on GBP, following the Bank of Englandâs emergency rate cut during the morning of 11th March 2020 as an attempt to strengthen the economy amid the coronavirus outbreak. After the Bank of England announced their interest rate cut from 0.75% to 0.25%, sterling fell to lows against … Read more
09/03/2020 What can cross-border businesses expect from the March Budget? The first Budget from the new Conservative majority government will be set to a backdrop of historic political events and an international health crisis that is strangling economic growth. So, will Wednesdayâs Spring Statement go down in history as âthe coronavirus Budgetâ, âthe Brexit Budgetâ or âthe Boris Johnson Budgetâ? Upon reflection, it will probably … Read more
