If you’re running an IT SME, the world is your oyster. Businesses all over are either outsourcing IT services to South Africa or setting up shop here, meaning they need to pay their employees locally. That’s where using a forex service can make your life a whole lot easier.

Handling international payments isn’t always straightforward. It comes with its fair share of headaches, from unpredictable currency rates to high fees. But if you manage it right, it can be a game-changer for your business.

How forex fluctuations affect your bottom line

Currency markets can be a rollercoaster, and even small changes in exchange rates can have a big impact on your profits. If you’re working on international contracts or paying overseas partners, staying on top of forex trends is essential. Tools like forward contracts, which let you lock in rates, can help keep things steady, so you’re not blindsided by sudden shifts.

Why traditional banks might not cut it

Still relying on your bank for cross-border payments? You might want to rethink that. Traditional banks often have hidden fees, sluggish processing times and exchange rates that don’t do you any favours. For a growing IT business, these drawbacks can slow things down and eat into your profits. Instead, consider if your payment strategy matches where you want your business to go.

Smarter payment options

Modern payment solutions are built with businesses like yours in mind. Sable International offers cost-effective forex services designed to make cross-border payments simple and predictable. Whether you need to lock in exchange rates with a forward contract or want the flexibility of real-time transactions, we’ve got options that help you stay in control.

Leverage tech for transparency and efficiency

Let’s face it: no one likes surprises when it comes to fees. That’s why IT SMEs should look for payment platforms that lay everything out clearly – no fine print, no hidden costs. By using a dedicated forex service, you’ll get competitive rates and a user-friendly platform that lets you track and manage transactions easily. Less admin, more focus on scaling your business.

Navigating volatile markets

Currency markets can be unpredictable, but that doesn’t mean your finances have to be. Tools like market orders help cushion the blow of unfavourable exchange rate changes. Plus, having access to expert advice from forex specialists means you’ll have the insights you need to make confident financial decisions.

Why personalised advice matters

Tech is great, but having a human on your side makes a difference. IT SMEs benefit from financial advice tailored to their industry and specific challenges. By partnering with experts who get your business and its unique needs, you can create a long-term strategy that keeps you competitive on the global stage.

Unlock global growth

With the right approach to forex and cross-border payments, your IT SME can minimise risks and focus on growing internationally. Don’t let payment hassles hold you back – get the tools and advice you need to thrive in today’s interconnected world.

Need to do an international money transfer? We can assist you. Contact our forex team on forex@sableinternational.com or call +44 (0) 20 7759 7554 or +27 (0) 657 2153.

We are a professional services company that specialises in cross-border financial and immigration advice and solutions.

Our teams in the UK, South Africa and Australia can ensure that when you decide to move overseas, invest offshore or expand your business internationally, you'll do so with the backing of experienced local experts.