Our CEO, Laurent Descout, recently contributed a piece for Treasury Management International looking at how Brexit has led to increased Euro transactions fees for businesses.
Businesses have been used to paying low fees for their European banks to transfer euros to their euro accounts in London. Brexit changed that overnight. It has emerged that banks are levying fees that are proving costly for businesses that are not keeping an eye on these outgoings. So says Laurent Descout, CEO of integrated treasury platform provider Neo.