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2011 Proformative Cross-Border Payments Survey Report

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This survey report offers insights into the challenges in making cross-border payments and engaging the right service providers in this endeavor. The main survey conclusiions include that the major pain points faced by companies in making cross-border payments are hidden transaction costs and understanding the currency volatility their companies face inorder to mitigate it by optimizing the structure and timing of payments; and that companies want more efficient and transparent processes in executing cross-border payments and their ideal partners would also help educate them in understanding and more effectively mitigating the currency risk their companies face.

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