Why 'lock-in' exchange rates? To protect your business against unexpected changes in foreign exchange rates that can negatively affect your cash flow. Small and medium-sized businesses are vulnerable to fluctuating exchange rates which can increase costs. Veem's Locked Exchange Rates allow you to accurately predict future expenses by securing a currency exchange rate when you schedule payments. This eliminates time spent calculating various exchange rates. Manage cash flow, eliminate exchange rate volatility, and avoid costly surprises when you lock your exchange rate up to 92 days in advance.
Learn more about How to Lock your Rate or contact Client Services for more support.