BASIS POINTS: Cross-Currency Payments: Easier and Cheaper Options Now Available

February 10, 2011

by Karen M. Kroll

Completing a transaction across borders can be a headache, given the different currencies, regulations, and payment systems that can come into play. Treasurers can now access a range of innovative, easy alternatives to get the job done

Less Expensive Options for X-Currency Payments | Source: The Big Fat Finance Blog.

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An agreement between two

An agreement between two parties to exchange interest payments and principal on loans denominated in two different currencies. In a cross currency swap, a loan's interest payments and principal in one currency would be exchanged for an equally valued loan and interest payments in a different currency. | lead generation