Banco Sabadell holds the event “How to simplify your foreign exchange operations”

Specialists analyze key aspects for internationalization

During the day, Sabadell FOREX, a tool for contracting currency exchanges, was also presented.

currency fluctuations can cause exchange differences in the balance sheets of companies, therefore specialists in the Banco Sabadell have analyzed aspects related to this topic during the day “How to simplify your foreign exchange operations: solutions and practical cases.”

Companies “have to monitor the exchange rate, control that volatility and those market movements and what we are trying to do with this talk is to give you a vision of the coverage products that are available to you, avoiding exchange risks," he noted. Héctor Sanchís Fliquete, responsible for the Madrid Companies Unit of the treasury and capital markets department of the Bank Sabadell.

During the day it was also presented Sabadell FOREX, a tool to contract changes of foreign exchange “which allows the client to directly cover the exchange rate risk, make cash and exchange insurance in their own homes or through the internet,” Sanchís stressed.