Category: Business

TransferGo is helping many business to grow by lowering the cost of there payments to suppliers and customers. Read to see how we are doing that but also many more informative articles for small business around the world.

Business Currency Updates

British Pound on a Turning Point as Brexit Negotiations Begin

Sterling paused its freefall the previous week as UK political drama eased off and indications for an upcoming rate hike came from Bank of England. Following General Election’s disappointing results for Theresa May, the suggested DUP coalition somewhat calmed the markets, whereas at the same time three BoE members voted for a 25bps interest rate...

Jim Makos
International Trade

Doing Business with Portugal

TransferGo is a strong supporter of entrepreneurs. One of our major initiatives is providing entrepreneurs with information to help them start and run a business. Part of that initiative is our ongoing series of Business Abroad articles, which are designed to give a quick overview of how to start or expand a business in different...

Andzej Miksa
Business Currency Updates

Sterling’s downtrend steepens after UK General Election

A weakening majority for the Conservative Party and a hung parliament for the UK resulted to Sterling’s downtrend steepening last week as the General Election results confirmed the worst scenario of recent polling data. Euro also had a negative week against its American counterpart but it’s more of a correction during its 10-week rally. Can...

Jim Makos
Business Currency Updates

Sterling’s Dip Continues Before General Election

As Euro strengthened last week on positive ecodata coming from Greece, Sterling continued slipping lower against Eurozone’s currency. The slippage comes just a few days before Thursday’s vote, when Conservatives’ majority, if not victory, is predicted. We expect volatility to peak on Thursday, not only because of the General Election but also due to European...

Jim Makos
International Trade

Doing Business in Italy

It is no secret that TransferGo is avid supporters of SMEs (small to medium sized enterprises).  Our support is one of the reasons why we have a team of customer service reps that are specially trained to deal with the unique transfer needs of our SME customers.  It is also one of the reasons why...

TransferGo Blog
Business Currency Updates

Politics and Opinion Polls Put Sterling Under Pressure

British Pound continued its fall against Euro the previous week. The politics-driven currency extended its losses due to opinion polls suggesting a declining possibility of Theresa May having a powerful majority following June’s general election. Euro, in the meantime, hit a new high for 2017 against the Dollar, driven by increased confidence and positive economic...

Jim Makos