5 Foreign Currency Exchange Questions Answered | FTT Global

1. Why are bank fees so high? Banks are renowned for charging high fees and high margins which are frankly unnecessary! Using a foreign currency provider such as tt-forex will help you to avoid over-spending where you don’t need to. Your bank will typically charge you 4-6% for your international money transfer, not to mention a separate fee of around £25 to make your payment. Through our tt-forex service, we keep our margins and fees low so you don’t pay more than 1% for your transfer and only a small £10 fee if your payment is under £3,000. 2. Why…
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3 Top Tips for Charity IT Budgeting

Creating an IT budget for your charity can be a daunting prospect. How much will things cost? Should some elements be depreciated over years, and if so, which? Check out this video by MAP TechWorks, in which Minnesota Online High School’s technology coordinator, Ellery July, shares his three top tips for creating a charity/nonprofit IT budget (plus a bonus tip!)     Keep up to date with the latest news, blogs and releases by following us on Facebook.   Copyright © 2014 Tech Trust. This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License

10 Quick Tips about Foreign Currency Payments | FTT Global

On the surface, the world of foreign exchange can seem like a complicated and overwhelming place, filled with unfamiliar jargon that you simply don’t have the time to learn. We’re here to explain everything in plain English and save you from poor exchange rates and high charges and fees often applied by your bank. Using our money transfer service will not only save you time and money, but we put you in control with 24/7 access to send and receive payments using your online account. Of course if you do need some help along the way, our Support Team is…
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Software Purchases: how resellers can help unlock the long-term value | SoftwareONE UK

Buying software can be a tricky business. There’s the initial cost of the software itself, then the calculation of just how many licences are really needed, followed by the awkward moment when the licences expire and a decision about renewal needs to be taken. For charities, who are under extreme pressure to keep spend to a minimum, and for whom IT is likely to be a necessary but tiresome part of business, it seems natural to assume that buying directly from a software publisher will be the cheapest option. The problem with this approach is that it ignores many of…
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Are charity lotteries an appropriate fundraising tool?

What would an English village fête be without a raffle or tombola? These have been used – probably for centuries — to raise money for everything from the roof of the village hall to local soup kitchens, Scout packs or even donkey sanctuaries. More recently, though, we’re seeing charities interested in applying the same tactics in a more sophisticated way – using online lotteries as a way to convert one off donors into regular givers, committed to your cause. There are some people who equate charities using lotteries as unethical, saying that they encourage gambling and irresponsible spending. I disagree….
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An alternative approach to foreign exchange payments | FTT Global

Making and receiving international payments is often a painful process for charities and businesses alike. Not only is it complex and time consuming, but exchange rates, administration fees and bank charges can also make it a costly process. Foreign exchange payments are relatively commonplace in the not for profit sector, for which the problems are often magnified, as so many charities are both time and cash poor. It can be frustrating when after putting so much effort into an international fundraising campaign, up to 4% of this money is lost due to the high fees associated with processing donations from…
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