Businesses have been looking for ways to streamline their cross-border payments for years. And in virtual IBANs, they may have found their answer. Traditionally, managing international cashflows is a resource-heavy, time-consuming process. Through virtual IBAN...
In international payments, a crucial cost for financial decision makers is the FX spread. Whether you’re a CFO overseeing global supplier payments or a founder scaling into new markets, understanding the FX spread is essential to managing risk, protecting...
In our latest Employee Spotlight, we’re shining the spotlight on Walter Hendriks, Director of Compliance EU for Privalgo BV. Walter joined Privalgo in March 2024 to drive our European expansion with his expertise in compliance and regulation. In this interview, we...
An IBAN (or International Bank Account Number) is a globally recognised process for identifying bank accounts when sending and receiving international transfers. In other words, an IBAN pinpoints a specific bank account when you send money abroad. The idea of an IBAN...
Exchange rates are the beating heart of the foreign exchange (FX) market. They are constantly moving, and sudden changes can have dramatic effects on economies, businesses and financial markets. In this article, we’re analysing what makes exchange rates rise and fall,...
Understanding international payment costs is essential for global business to thrive in 2025. Since 2017, cross-border payments have risen significantly – and are expected to reach $250 trillion by 2027. That’s an increase of over $100 trillion in just a decade,...
