THE BLOG

Finance insights for SME’s

Foreign dollar currency account: just like a local one!

Companies that often transfer money to the US or receive US dollars usually open a foreign dollar currency account with their bank in order to avoid expensive foreign exchange fees. In this article we go one step further und show how you can avoid high transaction costs like SWIFT with a local business account.

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Currency Holidays 2026 | Bank Holidays 2026 | amnis
News Money transfer 2 min read

Currency Holidays 2026

Currency holidays 2026: what needs to be considered On bank or currency holidays, it is generally not possible to process and execute traditional payments in the respective currency.
FX spot transaction
Currency exchange News 3 min read

What is a FX spot transaction?

The foreign exchange (FX) spot transaction is the simplest form of a currency exchange. It is used when a buyer and a seller wish to execute a transaction against immediate cash and delivery at the current market value (“on the spot”).

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