Halberd Bastion’s international focus coupled with the firm’s diverse client base can present a variety of challenges when conducting business, these stem from an assortment of factors such as language, logistics, trade restrictions, financing, etc. Recognising that trade in non-native currencies can pose difficulties Halberd Bastion presents payment options that are most suitable to the circumstances. These options become particularly pertinent during large scale procurement.
Enhancing International Transactions Through Multi-Currency Trades
As standard practice quotation is offered in United States Dollar (USD), however upon request and at Halberd Bastion’s discretion, transactions can be executed in European Euro (EUR), British Pound (GBP) and Australian Dollar (AUD). Among others, additional currencies including the Japanese Yen (JPY), Singapore Dollar (SGD) and Swiss Franc (CHF) are accommodated if warranted.
The firm takes appropriate steps to hedge against foreign exposure on a trade by trade basis which ensures a level of stability in the prices of supplied hardware sourced from over 12 primary countries. Furthermore, reserves held in different currencies also provides the enterprise with ‘natural’ hedging that benefits both clients, vendors, and Halberd Bastion. The flexibility that is afforded to the firm through these options allows Halberd Bastion to better harmonise payments with our many vendors and offer increasingly advantageous terms to our clients.