For Exporters
For exporters, adverse movements in exchange rates are an inherent risk of doing business in international markets. A foreign exchange facility can help an exporter protect export profits from exchange rate fluctuations by locking in exchange rates and allowing them to hedge their currency exposure.
EFIC foreign exchange facility guarantee
Travelex GBP Australia Pty Ltd and the Australian Government’s export credit agency, Export Finance and Insurance Corporation (EFIC), work together to assist Australian SME exporters who find themselves unable to fully hedge their sales because they have reached the limit of their existing foreign exchange facilities.
EFIC provides finance and insurance solutions to help Australian exporters overcome the financial barriers they face when growing their business overseas. With a foreign exchange facility guarantee from EFIC, we can provide eligible exporters with higher foreign exchange trading limits without the need for additional security, allowing them to extend their hedging programs and better protect their export profits.
To find out if you’re eligible for the EFIC guarantee or for more information please call 1800 730 400 or enquiry@travelex.com.au
Australian Institute of Export
Travelex GBP Australia Pty Ltd works with the Australian Institute of Export (AIEX) as the preferred FX provider. We work with AIEX to help provide information and tools to exporters across Australia to assist with managing foreign currency exposure and international payments .
Export Finance Navigator
Developed by EFIC, Export Finance Navigator is an online tool designed to help Australian SMEs which are exporting or investing offshore to understand the export finance options available to them. The tool sources a wide range of information about financial alternatives in the commercial market for current and potential exporters and forms of government assistance, such as grants and tax concessions, that are available to them. Click here to start Navigating
