John Kirkwood – Director of Commercial Markets Payments Group at Brookline Bancorp

The range of businesses with foreign currency exposure and risk management/payment needs
can be surprising to the uninitiated. From “mom and pops”, to tour operators, Fortune 100
companies, legal, investment and wealth management firms, all types of manufacturing
companies, food and beverage importers, software and tech.
Most cross-border currency payments from the U.S. are in Euros, followed by Pound Sterling,
Canadian Dollars, Yen, and Swiss Francs. There is a large amount of U.S. Dollar outflow to China
as well. While these currencies are considered relatively stable, there is ever-present exposure
to exchange rate fluctuations and a multitude of nuanced currency exchange fees to traverse.
Because of this, businesses can benefit from having a trusted advisor to help navigate the
complexities of foreign exchange, cash management, and international payment processing.
Brookline Bank’s Foreign Exchange Advisors are here to guide clients on how best to transact
business internationally. When working with Brookline Bank, businesses can take comfort in
knowing their experienced advisor is well equipped to provide them with virtually everything
they need. With competitive exchange rates, a secure transaction platform, and the assistance
of an experienced advisor, there is no need to expose your business to the risks of doing it
alone with a non-bank, third party provider.
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