 दीलिंग मुल्टिपल करन्सीज आन रिस्क्स के में पता आजी कुन्से रिस्स से मैंनों को कैसे मैंनिज करनें दिस विल हैल्प मैं यु भी स्पार्ट रेट कनवर्जन तु मीट कैश शोडजिज आन ताईप लाईं अगर में को ताईम लाईं में इशुज भी आते हैं तो हमें कब क्या करनें ताईट शुड़ भी वैल डोक्युमेंटेड एन आर सिस्टम्स आन प्रुसीज़र्स प्रुवाईट बिलिंग आन इनवोएसिंग चोएसीज़ अएड्यली तो ये भी एक अप्ष्यन है के हम जिस्टा चाइना कर रहा है, वो चाइना कैता आब, what they are doing is they are saying that you have to trade with us in our currency. अगर देखे ये तो अच्छी वाड आगर उनकी सारी ट्रेड इस्ड़ा हो जै, historically they have been doing it with dollars, but now they are shifting towards this part. तो अगर दो if you have it in your domestic currency, nothing like it, because आप फिर सेवगाड हो जाते है, currency risk factor say. अगर दो if you have it in your domestic currency, nothing like it, because आप फिर सेवगाड हो जाते है, currency risk factor say. और अभी भी उनका एक वलुम ही फ्रक्षन इस पे मुव कर सके है, they have not completely shifted. अगर देखे लोकल आपके जो कुस्टमर सेवगाड है, या जो आपके सपलार सेवगाड है, उनके साथ क्या टर्म सेवगाड है, so you should have options for what are the currencies that are being used. अगर दो if you have it in your domestic currency, that has to be taken care and documented in the strategy. अदर अफर different payment methods, similarly present your customers with most convenient way to pay based on where they live. क्या बाभ जब international trade, हम लोग देखे हम ने मक्सध हमारा, currency risk को कम करना है, ये नहीं करना गया हम ने इतना सेवगाड करने के वो transaction इना हो, you should facilitate customers to maximum of their self, के वो जब जब जब नहीं करना चाए, they can facilitate and use their own currency tools to pay. तो वो पेमेंड मैठर्ट उनका जो अपना प्रफ़ मैठर्ट है, लाएग मैठर्ट है, वो उसके तुब पेमेंड करने ने, so the payment method of their preferred method is, तो सब से ज़ादा युज मैठर्ट है, for all imports and exports, that is through bank wire transfer. दे प्रट्टरबड मैठर्ट पेमेंड, एक मैठर्ट ग़ादा से देखा, the process time is also the process of documentation, दो वो अपना आपने नहींग, ग़ादा से लिए प्रफ़ मैठर्ट है, लोगा तीट आपने भी ठादे है, चोद तर मैठर्ट होते है, you can pay through credit cards or through some other payfalls and other digital tools, digital tools, but they are normally used for small purchasing as you purchase online from amazon, you buy books or you have short orders in that case you may go for other digital payments, but otherwise why transfer is the more used method ensuring regulatory requirements are met this is a critical point that when you go to international trades for funds then these are highly monitored, these are highly regulated so make sure you have to comply with the rules and procedure of your own country as well as the country you are dealing with so it is possible that in some country, specifically in a currency, the remittance is not allowed so you have to take care of how the transaction structure will be there so all rules and regulations which are applicable both in your country and in the other parts of the countries different countries in which you are trading so we have to abide with rules with all which are applicable on us manage cash flow efficiently this is a very important point because we don't want excessively holding money just to safeguard ourselves supposedly if I want to do a foreign currency payment then I have to take an ample amount of excess amount of currency if I have to do a payment then I should have it this is not efficient efficient is you need to have required levels and you need to take care with rates and stuff so that you can manage it well imagine a situation where your fund transfer takes several days and you are unable to trace it until it treats its final destination because transit time is also there and its channels are also there plus if there are errors then that can be tricky so the documentation of your process should be very efficient because of inefficiencies it is not attached so you are making it applicable on you on your own such uncertainty is not good for any business because you don't know about transit money if you are travelling where is it falling so you should be well familiar with the process and you need to manage the flow well because most of the time organizations are using borrowed money so if you don't receive or timely payment then you may be paying extra in trust you may be losing some discounts so all these things are impacting you ensure that you have a proper invicing and payment system that guarantees that inclusion of correct fees and identifies in your transaction it should be also locked for x-ray and tracked fund transfer so the rates of foreign currency you need to build in your effective fund management and you need to think about the timing what method, what channel should be used and what circumstances implement centralized multi foreign currency trading management this is very important for example you have imported from a European country that means you have to pay 10,000 euros you are sitting in Pakistan and you have to pay 10,000 euros so this means you have a foreign currency risk similarly you have done an order of selling to another European country from where you are going to get 8,000 dollars and luckily time frame is similar that too you have to pay in 3 months and you have to pay 8,000 in 3 months now selling department is different purchasing department is different so if we say that if it is a lack of the coordination what we will do is those who want to pay they will hedge 10,000 and those who want to receive they will hedge 8,000 which will be stupid we have to pay 10,000 we have to pay 8,000 our open risk is 2,000 so we should only hedge 2,000 so you can see that payment is expected 10,000 and the receipt expected is 8,000 in this particular currency so our net exploit is 2,000 euros so we just have to hedge it so these reduce mistakes such as funds being dominated in wrong currency we are hedging extra 10,000 we are hedging extra 8,000 which is not required so this centralized work can be done in centralized transaction in branches in my Lahore branch 10,000 is receivable and in my Faisalabad branch 15,000 is payable so I should have a bigger picture so I should know how much my net receipt is I should hedge it then our last strategy is adopt an automated payment solution we talked about this briefly that we should move towards sophisticated and dynamic software so this structure of payments should be well structured your team might find it difficult to handle large volumes of currencies complicated payment processes and tight schedules so what we should have is we should have an automated solution which is timing wise according to the best rate when we are getting the best possible discounts when we are getting the best possible rates and the point of view of our relationship the best point of view those systems should advise and tell us when to make payment so our memory should not be linked it should be structured in such a way and the tools should help you do that an automated mass payment solution can help manage all this and can elevate your financial operation so your overall structure can be improved and you will have timely reflection partnering with solution that can automate those back of task, eliminate risk and streamline the entire global payment process so your last part is that if you have multiple payments and long structure all these things are built in the software and tools will help you pay manage risk and structure it so that it can safeguard you thank you