Making Payments in Foreign Currency: Sending Money Across Borders
September 27, 2023Whether buying construction supplies from Mexico, paying consultants in Euros, or paying employees in a foreign country, making payments in foreign currency is common today. Between 1982 and 2021, 6.4 trillion dollars was invested abroad by Americans. That is 6.4 trillion dollars exchanged into a foreign currency so Americans could invest in another country. Fortunately, […]
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