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Why Slow FX Settlement Is Holding U.S. Companies Back

Summary by Traders Magazine
By Tom Halpin, Head of North America Global Payments Solutions, HSBC Tom Halpin In a world where capital can move across borders in seconds, it’s surprising how many U.S.-based companies are still navigating foreign exchange (FX) settlements that take two or more business days to complete. That’s not just a delay in dollars—but in decisions, partnerships, and growth. For multinationals managing complex supply chains, overseas payrolls, or high-…
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Traders Magazine broke the news in on Monday, June 9, 2025.
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