The monitoring of the price of dollar it is a recurring activity on users to determine if it is the right time to exchange currencies. It is a matter of weighing the behavior of the foreign currency and try to predict whether it will be profitable to buy at the list price. However, there will always be points more or less in terms of the cost of change that will make the difference between one company or another.
“Almost all of us seek to get the most out of the dollar exchange in a market as volatile as ours. The vast majority know that a bad decision can take up to thousands of soles of losses in a foreign exchange operation, however, we must also be aware of the value of our time and the value of our security. Imagine all that we stop doing by going out to exchange dollars with money in hand at a face-to-face exchange house or at the neighborhood money changer and, in addition, with this we expose ourselves to the danger of being robbed or assaulted. We must not only seek to save money, but we must take care of our time and our integrity,” added Javier Pineda, CEO of Billex, a Peruvian digital platform that -through a trust- connects people and companies for the purpose of currency exchange. .
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In the following note, Pineda proposes the following tips to achieve savings by changing dollars almost immediately:
Evaluate the price offered by banks
Banks do not always have the best prices to exchange currencies, but many users prefer to lose part of their money in exchange for security. However, Billex, in this case, positions itself as a digital exchange business that always offers a competitive price and, by having the backing of a trust, ensures the user’s money with security similar to that of a bank.
Saving time is saving money
In the past, companies were forced to exchange currency only in the morning to receive, that same day, although in the afternoon, the equivalent value in their account at another bank. If the volume of change occurred in the afternoon and they needed the funds that same day, the company had no other option than to invest in face-to-face security to make the transaction by moving cash from one bank to another.
With Billex, companies save time, since they receive the change of money in 30 minutes at the latest (including afternoons) where they avoid hiring third parties to attend to these movements.
Compare prices and added value
Digital tools offer price comparison a click away, but if exchange volumes are significant, it will be important to obtain a competitive market price aligned with an uncompromising security proposition. In this sense, Billex behaves like a safe in the exchange process, which ensures the user, without leaving home, a good experience at a good price.
