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DTSTART:20231101T170000Z
DTEND:20231101T180000Z
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SUMMARY:Managing Foreign Currency for U.S. Exporters & Importers
DESCRIPTION:Too many companies assume they can conduct all international trade using U.S. dollars. They also assume the world of foreign exchange is just for large international companies. Both assumptions are wrong. Companies\, including those that are small to midsized\, will be more competitive if they understand how to leverage foreign exchange tools to increase exports and lower import costs. This webinar will explore ways in which foreign exchange management can increase your competitive position. This training event is sponsored by the Turner Center for Entrepreneurship and Illinois SBDC International Trade Center at Bradley University.\n\n \n\nThis webinar is intended for both exporters and importers.\n\n \n\nTopic include:\n\n	Foreign currency (FX) tools\n	How FX can be used to increase exports\n	How to quote both USD and home currency quotes\n	How to manage currency exposure while protecting profit margins\n	How importers can benefit from the range of tools available to manage their FX requirements when paying for imports in non-USD currencies\n\n \n\nSpeaker:\n\n \n\nAndrew Woelflein is the Managing Director of Partnerships at Monex USA\, a provider of corporate foreign exchange (FX) and international payment solutions.  Over his 16-year career at Monex\, he has developed and implemented a growth strategy including international and domestic expansion\, new product development\, and joint ventures. He currently focuses on new Partner channels to integrate Monex technology through Co-branding the Monex FX platform and API integrations.  He was also the Chief Compliance Officer from 2007-2013 responsible for the firm's national licensing programming and anti-money laundering compliance program.  \n\nBefore joining Monex\, Andrew was the Vice President of Global Marketing and Product Management at Ruesch International (which became Western Union Business Solutions).  Andrew was a Vice President at Bankers Trust based in London and New York from 1994 to 2000 focused on trade finance\, FX\, and both domestic and cross-border payments. \n\nHe launched his international career at American Express Bank in New York where he managed correspondent bank clients in France\, the Benelux\, and Switzerland.  He holds a BA from Brown University in European History and an MBA from the Harvard Business School. He is business conversant in French.\n\nCosponsors: Greater Peoria EDC//FTZ 114\, Illinois Manufacturing Excellence Center
X-ALT-DESC;FMTTYPE=text/html:<span style="color:#222222"><span style="font-family:times new roman\,serif">Too many companies assume they can conduct all international trade using U.S. dollars. They also assume the world of foreign exchange is just for large international companies. Both assumptions are wrong. Companies\, including those that are small to midsized\, will be more competitive if they understand how to leverage foreign exchange tools to increase exports and lower import costs. This webinar will explore ways in which foreign exchange management can increase your competitive position. This training event is sponsored by the Turner Center for Entrepreneurship and Illinois SBDC International Trade Center at Bradley University.</span></span><br />\n&nbsp\;<br />\n<span style="color:#222222"><span style="font-family:times new roman\,serif">This webinar is intended for both exporters and importers.</span></span><br />\n&nbsp\;<br />\n<span style="color:#222222"><span style="font-family:times new roman\,serif">Topic include:</span></span>\n<ul>\n	<li><span style="color:#222222"><span style="font-family:times new roman\,serif">Foreign currency (FX) tools</span></span></li>\n	<li><span style="color:#222222"><span style="font-family:times new roman\,serif">How FX can be used to increase exports</span></span></li>\n	<li><span style="color:#222222"><span style="font-family:times new roman\,serif">How to quote both USD and home currency quotes</span></span></li>\n	<li><span style="color:#222222"><span style="font-family:times new roman\,serif">How to manage currency exposure while protecting profit margins</span></span></li>\n	<li><span style="color:#222222"><span style="font-family:times new roman\,serif">How importers can benefit from the range of tools available to manage their FX requirements when paying for imports in non-USD currencies</span></span></li>\n</ul>\n&nbsp\;<br />\n<strong><span style="color:#222222"><span style="font-family:times new roman\,serif">Speaker:</span></span></strong><br />\n&nbsp\;<br />\n<img height="131" src="file:///C:/Users/mabboud/AppData/Local/Temp/msohtmlclip1/01/clip_image002.png" style="float:left\; height:131px\; width:131px" width="131" /><strong><span style="color:black"><span style="font-family:times new roman\,serif">Andrew Woelflein</span></span></strong><span style="color:black"><span style="font-family:times new roman\,serif"> is the Managing Director of Partnerships at <strong>Monex USA</strong>\, a provider of corporate foreign exchange (FX) and international payment solutions.&nbsp\; Over his 16-year career at Monex\, he has developed and implemented a growth strategy including international and domestic expansion\, new product development\, and joint ventures. He currently focuses on new Partner channels to integrate Monex technology through Co-branding the Monex FX platform and API integrations.&nbsp\; He was also the Chief Compliance Officer from 2007-2013 responsible for the firm&rsquo\;s national licensing programming and anti-money laundering compliance program.&nbsp\; </span></span><br />\n<span style="color:black"><span style="font-family:times new roman\,serif">Before joining Monex\, Andrew was the Vice President of Global Marketing and Product Management at Ruesch International (which became Western Union Business Solutions).&nbsp\; Andrew was a Vice President at Bankers Trust based in London and New York from 1994 to 2000 focused on trade finance\, FX\, and both domestic and cross-border payments. </span></span><br />\n<span style="color:black"><span style="font-family:times new roman\,serif">He launched his international career at American Express Bank in New York where he managed correspondent bank clients in France\, the Benelux\, and Switzerland.&nbsp\; He holds a BA from Brown University in European History and an MBA from the Harvard Business School.&nbsp\;He is business conversant in French.</span></span><br />\n<span style="font-family:times new roman\,serif">Cosponsors: Greater Peoria EDC//FTZ 114\, Illinois Manufacturing Excellence Center</span>
LOCATION:Webinar
UID:e.526.7341
SEQUENCE:3
DTSTAMP:20260422T062743Z
URL:https://business.epcc.org/events/details/managing-foreign-currency-for-u-s-exporters-importers-7341
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