ERIC Number: EJ467282
Record Type: CIJE
Publication Date: 1993
Reference Count: 0
Foreign Exchange: Making International Payments More Cost Effective.
Ruesch, Otto J.
Business Officer, v27 n2 p28-30 Aug 1993
College business officers can save money, adhere better to budgets, and improve relations with international vendors through foreign monetary exchange. By comparing exchange rates and buying foreign currency when rates are good, institutions retain much more control over the transaction rate than if they delegate the task to the bank. (MSE)
Descriptors: Banking, College Administration, Cost Effectiveness, Foreign Countries, Higher Education, International Trade, Monetary Systems, Money Management
National Association of College and University Business Officers. 1110 Vermont Avenue NW Suite 800, Washington, DC 20005. Tel: 800-462-4916; Tel: 202-861-2500; Fax: 202-861-2583; Web site: http://www.nacubo.org
Publication Type: Reports - Evaluative; Guides - Non-Classroom; Journal Articles
Education Level: N/A
Audience: Administrators; Practitioners
Authoring Institution: N/A