International Services for Businesses
Whether you are buying or selling goods or services across borders, acquiring or divesting a foreign asset, executing a significant capital expenditure or investing in foreign markets, WSFS offers a range of international services designed to meet your needs.
WSFS’s international specialists in Foreign Exchange and Trade Finance will provide a complete assessment of all cross-border activity and provide recommended strategies to maximize efficiency and reduce currency exchange rate risk. We specialize in a hands-on approach working with clients and their relationship managers to deliver effective and understandable risk management programs.
Currency Risk Management
International Cash Management
Solutions for Importers
Solutions for Exporters
Foreign Currency Account
Frequently Asked Questions
A WSFS Capital Markets expert will help you find the right solution.
How the U.S. Dollar and Economy Could Affect Foreign Exchange Markets in 2023. Is Your Business Ready?
2022 was undoubtedly the year of the dollar. Although the U.S. currency has recently retreated from its October peak, the USD index still gained 8% in 2022. The main question in the foreign exchange (FX) markets today is whether this latest dollar down move is simply a technical correction due to the market’s reassessment of the future speed of U.S. interest rate hikes, or a true inversion of the trend (i.e., is the USD rally over?).Read More
Jeffrey Barsky, President at Barsky Fleming Marketing Inc. (BFM), has been importing furniture since the mid-90s. The company grew over time to import restaurant furniture from various countries including China, Vietnam, Turkey, Italy, Bulgaria, Germany, and more. In dealing with so many countries and currencies, Barsky knew there were efficiencies available that could help the business grow and capitalize on market conditions.Read More