Currency Exchange Cost Cutting Strategies for International Development Work
There are many risks associated with not-for-profits and charities carrying out activities abroad. One often overlooked but very significant risk is the financial risk associated with market changes and related currency exchange rate fluctuations. This presentation will discuss strategies that not-for-profit and charitable organizations can implement to reduce the costs associated with international development work. This discussion will include the following topics, among others:
– How to reduce market risks;
– How to negotiate better rates;
– How to stay ahead of compliance regulations for money transfer;
– How to work with informal banking systems; and
– What financial products are available in the money transfer realm.
Date: Tuesday February 12, 2019
Time: 12pm EST
The webinar will be presented by Marc Racette. Marc Racette is a Senior Corporate Trader based in Toronto with Firma Foreign Exchange Corporation. Marc has travelled and worked around the world and has a passion for helping people think globally as his own career began with small organizations abroad. He has worked and lived in such places as the U.S., China and Mexico. He has had the pleasure of working alongside hundreds of organizations and individuals in Canada to help them grow their worlds by connecting them to international markets and organizations.
After registering, you will receive a confirmation email containing information about joining the webinar. This webinar is offered by the Canadian Charity Law Association and it is provided on a complimentary basis. Space is limited.
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