How we think about and interact with healthcare services has altered dramatically. New virtual services, biotechnology and smart devices are at the heart of a global revolution in healthcare.
With increased international opportunities as nations seek innovation to address pressing health challenges, there is an increasing need for healthcare companies to protect their profits and mitigate their foreign exchange risk.
With exports, imports and an international workforce, the healthcare industry is global. Supply chain partners and international offices to adhere to local regulatory requirements add to the reasons why the healthcare industry has a growing need for transferring money from pounds to foreign currencies.
All of these payments, particularly recurring outlays such as rent and payroll for an overseas office, can incur significant costs if a poor exchange rate is agreed. Costly transfer fees from banks and FX providers can damage your profits but by working with a specialist and planning all your foreign exchange exposure and budgets well in advance, you can help to protect your margins.
Healthcare companies are able to rely on a valuable and cost-effective service with a moneycorp business account. With 24/7 access to a secure online platform, you are able to process and manage the range of international payments that you may need to make.
Every business is assigned an account manager who understands the ins and outs of your sector and will guide you through currency volatility to ensure you are offered a solution tailored to your business needs.
Our payment solutions allow you to make bulk payments for any business costs or overseas staff salaries in over 120 different currencies to over 190 countries. You can also use a range of FX tools, including a currency forward, FX order and spot contract.
Our team will work with you to identify your individual requirements and be able to suggest products including Spot Contracts, FX Orders, Forward Contracts to meet your foreign exchange needs.
Protect your business from foreign exchange market volatility, forecast cash flows and minimise risk with our range of hedging tools.
We provide payment solutions for businesses with local or international requirements, who are looking to simplify the process and cut ongoing costs.