Prepaid Cards in Greece
Neteller offer a free virtual account which can be upgraded to a prepaid MasterCard, subject to T & C's including applicant providing acceptable ID, being a resident in the UK or Ireland. Prepaid Card & usage fees apply.
Application is free based on you loading £200 of currency on to your card. This card is an electronic money product issued by Clydesdale Bank PLC. Clydesdale Bank PLC, a company registered in Scotland with number SCOO1111
Europe Traveller by Caxton FX - Preload your card with currency, subject to terms and conditions including applicant providing acceptable ID, being a resident in the UK & aged 18 years+. Travel Card & usage fees apply.
Euro Card by Ace FX - Preload your card with currency, subject to terms and conditions including applicant providing acceptable ID, being a resident in the UK & aged 18 years+. Travel Card & usage fees apply.
Prepaid cards available in Greece where you need to be a Greece resident to get a prepaid credit cards
Importers need to open foreign exchange contracts
Foreign exchange contracts is where one party agrees and commits to buying or selling a specific agreed amount of currency on a particular and set date and confirmed exchange rate in advance. Basically, some investors or importers use foreign exchange contracts as a sort of hedging fund against foreign exchange rate fluctuations that happen. If you are running an import and export business, it will be best for you to open foreign exchange contract.
Foreign exchange contract is simple and secure way to hedge when you are confident that your business deal will be closed and money will be needed. Importers and exporters can take maximum benefit from a foreign exchange contract. Other business owners can also take benefit from this service if their businesses are at risk of stemming from adverse foreign exchange rates. This can be applied to those who have business in a volatile market. You will have a number of advantages through a foreign exchange contract. Firstly, your business is protected from the adverse fluctuations in the exchange rates. And secondly, you can set budgets knowing exactly how much the transaction costs.
Foreign exchange accounting is necessary when you want a smooth money transaction to a foreign account. Further, you can even open a foreign exchange account to make the transaction process more effective. It helps in shielding you from various risks associated with foreign money transaction. Many people and businessmen use banks to transfer money abroad. In this process of money transaction, they pay a higher rate of interest. If you want to avail the best service, you can catch of hold of a FX broker. A foreign exchange broker company keeps the fluctuation rates under control and gives you the best exchange rates.
If you need any information regarding foreign exchange bank account and foreign exchange accounting, for prepaid cards in Greece.