Overview

Currency management for the arts and antiques industry

Whether you’re acquiring or selling a profitable art piece, arranging an exhibition, or paying catalogue printers abroad, currency markets and government policy changes mean that one piece of bad economic news can turn a profitable deal into a loss making one. If your art or antiques company makes regular international payments, it is essential that you have the right kind of currency buying strategy to protect your profit margins and avoid unnecessary losses from exchange rate fluctuations.

“As a business enjoying high levels of growth, we were keen to add a non-banking service provider to our book of Foreign Exchange suppliers. Smart Currency Business’ clear focus in the aviation sector, coupled with their constant determination towards eliminating currency costs and removing exchange rate risk from our bottom line made them the obvious choice.”

Smart Currency Business is the long-term recommended service provider for members of the Society of London Art Dealers (SLAD) and the British Antique Dealers’ Association (BADA), providing specialist guidance for art and antiques companies. We attend events with our SLAD and BADA partners and provide regular updates for their members in order to fully understand the industry, stay up to date with industry news, and provide hands-on guidance. We support our clients all year round with a dedicated trader. We find our arts and antiques clients especially appreciate this service during Autumn/Winter, which tends to be the busiest season and centres around key shows – Masterpiece London and TEFAF Maastricht, in particular.

Specialising in industries like art and antiques, we can help you avoid losses and manage your international payments through currency strategies tailored to the art and antiques industries.