How do multicurrency accounts safeguard businesses operating on the global stage? This question is more relevant than ever in today's world, where international trade fuels countless enterprises.

For years, financial institutions, payment providers and treasury platforms have treated foreign exchange risk management and operational functions as independent domains. Businesses process payments ...

Transactions over $10,000 trigger a currency transaction report under the Bank Secrecy Act. Structuring deposits to avoid reports can still alert banks and lead to a possible suspicious activity ...