U.S. Dollar...
The U.S. dollar is the currency most used for international transactions. Several countries use the U.S. dollar as their official currency, and in many others it’s used unofficially or as a de facto currency. A de facto currency is a unit of money that is not legal tender in a country but is treated as such by most of the populace.
The biggest economies (other than the US) that officially use the dollar are Ecuador, El Salvador and Panama. Additionally, British Virgin Islands, East Timor, Marshall Islands, Federated States of Micronesia, Palau, Turks and Caicos Islands, Zimbabwe and Bermuda all use the U.S Dollar. Those that use it as a de facto currency are: Lebanon, Zimbabwe, Iraq (due to America’s involvement in the country), and Somalia.
To get an update as to how the dollar has been performing, the best dollar exchange rate or information on trends and forecasts, please ring the Smart Corporate team on 0845 638 0571 or request a quote.
At Smart, we can help you to buy dollars in addition to helping you with exchanging dollars. Our entire service is designed to help UK companies to save money throughout the international payment process.
By using Smart, you can save your organisation money by:
- Getting the best dollar exchange rate (better than rates offered by a bank)
- Preventing your dollar exchange cost from increasing
- Using a service with no fees, no hidden charges, and no commission
- Giving you direct access to your dedicated Smart Trader. Unlike most UK international payment specialists, Smart Traders are paid a set salary and not a commission, thus your trader will be working for you and not their pay-packet
Making the whole process fast and effortless – leaving more time for you to spend focusing on your business needs
The Smart service is for companies that are moving money in and out of the UK.
Companies that Smart serves includes those that are:
- Receiving dollar transfers from overseas clients for exports
- Paying overseas suppliers dollars for imports
Why Choose Smart?
- Your organisation will undoubtedly save money by getting the best dollar exchange rates
- You’ll have access to your own dedicated Trader and Account Manger through a direct phone line
- Daily dollar exchange rates and updates will be sent to your inbox (or you can follow us on Twitter)!
- The entire company works as a team: targets are not set for individuals. If your account manager is unavailable, someone else in the team will happily assist you with your requirements. Furthermore, using Smart will allow you to feel ‘served’ rather than ‘sold to’. (Most currency organisations pay traders a percentage of every ‘trade,’ and thus it’s in the traders best interested to get the highest margin possible).
Give Smart a shot – try one U.S. Dollar exchange and discover how much your organisation can save by getting better rates and an improved service. Call 0845 638 0571 or apply online.
To get the best dollar exchange rate, call 0845 638 0571 or apply online!