How to manage currency risk when invoicing in foreign currencies

Overview

Issuing or receiving invoices in foreign currencies exposes your business to exchange rate risk between invoicing and settlement. Here's how to manage it.

Key points

• Specialist FX brokers consistently offer 2–4% better rates than high street banks on international transfers.
• All brokers featured on FXRates.uk are FCA-authorised and hold client funds in segregated accounts.
• Zero transfer fees on most routes — the saving comes entirely from the better exchange rate.
• Larger transfers benefit most from using a specialist broker rather than a bank or money transfer app.
• Rate alerts and forward contracts let you act strategically rather than accepting the rate available today.

How FXRates.uk can help

FXRates.uk compares FCA-authorised specialist currency brokers so you can find the best rate for your specific transfer. Whether you need a one-off transfer, regular payments, or want to use advanced tools like forward contracts and limit orders, our comparison service makes it easy to find the right solution.

Getting started takes less than 60 seconds. Simply tell us the currencies involved and the amount, and we'll show you live rates from multiple regulated providers.

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