MonTra Partners

18/10/2023

16/10/2023

To help protect your business, here are our top tips to avoid invoice fraud.

📞 020 3514 9330
🔗 https://montrapartners.com

06/10/2023

🔵 Virtual currency accounts (also known as E-wallets) can receive, hold and send money in multiple currencies and have several advantages over regular bank accounts:

1. Time-saving – They are very quick to open. Traditional bank
accounts can take days to open and a lot of paperwork

2. Cost saving – Virtual accounts are free! Regular currency accounts usually have a monthly fee

3. Simplified bank details – Virtual currency accounts give your business one set of bank details to receive multiple currencies

As standard, all MonTra clients get free multi-currency accounts to receive, hold and make payments in 37 different currencies.

🔗 https://montrapartners.com
📞 020 3514 9330

05/10/2023

Market Orders let you automatically switch money into a different currency

when the market hits a specific target exchange rate
e.g. You might want to sell GBP to buy USD only when the exchange rate hits
GBP/USD = 1.2500
This could happen in the middle of the night or when you’re not watching the FX market

Our clients regularly use market orders to save time and deliver the desired rate
for their business.

At Montra, we not only offer market orders but also help clients understand what
exchange rate they should be targeting and (more importantly) why

📞 020 3514 9330
🔗 https://montrapartners.com

02/10/2023

If you wish you could spend more time on your main
business product and less time thinking about FX. MonTra is
the perfect partner.

📞 020 3514 9330
🔗 https://montrapartners.com

26/09/2023

We love great tech but it shouldn't come at the expense of great customer service or real human interaction.

That’s why all the businesses we work with get an amazing online system AND a dedicated point of contact.

📞 020 3514 9330
🔗 https://montrapartners.com/

22/09/2023

What does an FX spread mean in currency conversions?

The spread is the difference between the wholesale FX rate (i.e. the rate your bank/broker gets) and the client FX rate (i.e. the exchange rate your business gets)

The wider the spread, the bigger the profit margin for your bank/broker and the more expensive it is for you!

For example, if wholesale USD FX rate = 1.2400 and it’s sold to you for 1.2300, the spread is 1 cent.

Knowing the spread on your FX conversions is hugely important to ensure your business is getting a fair deal and not being overcharged!

At Montra, we proudly display our ‘spread’ charges on our website in our commitment to transparency and fair pricing. Sadly, this is not common across the industry, with spreads as high as 3%!

Contact us today to find out more:

📞 020 3514 9330
🔗 https://montrapartners.com

19/09/2023

Shockingly, some businesses are still getting charged up to £35 for a
single international payment. With MonTra, you will not have to pay ANY
payment fees!

📞 020 3514 9330
🔗 https://montrapartners.com

14/09/2023

At MonTra, we help businesses move away from unpredictability in exchange rates towards certainty on their profit margins.

Get in touch to find out more about our ‘margins vs markets' approach.

📞 020 3514 9330
🔗 https://montrapartners.com/

13/09/2023

With MonTra, you have 24/7 access to a user-friendly online system!

Through it, you can effortlessly at any time:
• Set up payments
• Convert funds
• View balance
• Add beneficiaries
• Deposit funds
Whether it's as early as 5 AM or as late as 11:30 PM

Find out more at:
📞 020 3514 9330
🔗 https://montrapartners.com

08/09/2023

Happy Friday, Let's end the week on a positive note with one of our client testimonials.

MonTra offers top-notch quality and service, ensuring you receive the guidance you require.

📞 020 3514 9330
🔗 https://montrapartners.com