AirAsia eliminates the FX guesswork

AirAsia’s new foreign exchange solution cuts out the uncertainty when dealing in multiple currencies.

No treasurer likes balance sheet surprises. Unfortunately, when working in Asia, where multiple currencies are a way of life, surprises are more the norm than the exception.

Enough was enough for AirAsia. Last month, the low-cost carrier implemented a Royal Bank of Scotland RBS foreign exchange FX solution for its online ticketing that automatically sets prices in any one of five global currencies -- the Australian dollar, Hong Kong dollar, UK sterling, Singapore dollar and US dollar. That...

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