If you are paying any of your employees (or suppliers) in sterling or another non-euro currency, then you are probably experiencing higher banking fees and less competitive exchange rates than you should be. This is an area where you can reduce costs if you investigate alternative options to the conventional bank plus gain time with faster transfer options.
One alternative provider to your bank is TransferMate, who offer an impressive fast, efficient and cost effective service. We have been highly impressed with their service. Estimate the savings you can make by using their “savings calculator” at www.transfermate.com.