We buy a lot of our stock from Europe and sell it into the UK. It's not something everyone does, but like everything, if you know where to look there are some great deals to be had.
We operate as UK Based Limited company, so don't get to use the personal accounts with great rates but we do have Santander Business Cash Back Credit Card which they told us does not charge a currency conversion fees.I have talked about the Santander Business Cash Back Credit Card many times before, mainly because I love its 1% cash back on everything, paid monthly on to your credit balance. This time I wanted to check if the claimed 0% exchange rate fee they talk about was true.
Now I have learnt that little changes really add up over time and things like exchanges rates can have a big impact. For example, when I reviewed last years accounts I learnt that moving from World First to TransfereWise would save me over £2,000 in exchange rate differences alone.