International Cash Management
The WSFS International Services group specializes in Foreign Exchange and Trade Finance and provides efficient access to currency markets for processing cross-border payments and working capital solutions.
Whether your team is buying or selling goods overseas, establishing new supplier or distribution relationships, or seeking to hedge currency risk exposures, the dedicated WSFS International Services team can help you optimize all of your cross-border business!
Frequently Asked Questions
Sectors We Serve
- Importers & Exporters
- Operating Companies
- Middle Market Corporations
- High Net Worth Individuals
- Servicers & Brokers
- Commercial Real Estate
- Small Businesses
Foreign Exchange & Trade Finance
- Structured FX hedging strategies
- Market commentary and analysis
- Tailored currency and trade risk-management best practices
- Product and process education
- Access to new markets
- Payment security
- Deal-specific assistance for payment terms negotiation
- Optimized cash conversion cycle
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