A practical session for Florida businesses operating internationally — presented in partnership with the U.S. Commercial Service, FloridaMakes, the Greater Florida District Export Council, the Central Florida International Trade Office, Corpay, and Nextpay Global.
A Florida business moving $500,000 annually across currencies typically loses $10,000-$20,000 to foreign exchange spreads that never appear as a line item. operating internationally means carrying hidden costs and market risks that erode your bottom line. This session shows you how to locate them, quantify their impact and take control.
Key Takeaways:
The foreign exchange spread — the most common hidden cost in global business.
Forward contracts and hedging tools — when they make sense, and how accessible.
Multi-currency accounts — hold and pay without unnecessary conversion losses.
Sector-specific strategy — how manufacturers, exporters, and life sciences companies should think differently.
Building a payments strategy — from $100K to $500M in annual cross-border volume.
The right questions to ask your bank or payments provider.