Managing Foreign Exchange Risk for the Travel Industry
The 3 Biggest Challenges Facing Canadian Travel and Tourism Companies
Easily Make Worldwide Payments and Find Exotic Currencies
Looking to buy Moroccan Dirham? The Thai Baht? Some French Polynesian Francs? We have access to many hard-to-find currencies. With our established global banking network, transferring money across borders doesn’t need to cause a world of headache.
Predicting Future Foreign Currency Rates
More than 1 out of every 3 travellers book their vacation more than 5 months in advance. While this is beneficial in terms of filling packages and advanced planning for tours, it often leaves a significant time gap between money collection and vendor payout. In the span of a few months, a foreign currency can fluctuate considerably, potentially leaving a tourism company with a big cash flow problem.
Join ACTA and Western Union Business Solutions for an educational webinar on Wednesday November 13th, 2019 @ 1:00 PM EST. They will share tips on how to mitigate your foreign exchange risk and learn how Western Union’s Business solutions is supporting the Travel Industry to mitigate FX exposure and lock in your profits. To register for the webinar, click here.