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The first will be held on May 26 at Currencies Direct’s City offices at 51 Moorgate, EC2 and the second in early October.

Topics to be covered are how to avoid being overcharged by banks on transaction fees and exchange rates, protecting profits when deals have been made, using pre-paid foreign exchange cards for buying trips, how to avoid taking chances on foreign exchange and using currency pricing as a tool to make products more attractive to overseas buyers.

The City firm also advise British dealers planning to show at overseas fairs or buy stock in the US or Europe that they forecast the US dollar is likely to reach $1.55-1.60 to the pound in the next six months.

They also believe the euro is entering a critical phase which could lead to a dramatic sell-off.

According to Deepak Goyal of Currencies Direct: “With the sterling trend against both the euro and dollar, dealers would be well advised to continue to hold either of those currencies and look for gains in the region of ten per cent in the next six months.”

Sarah Percy-Davis, chief executive of LAPADA, said: “I feel sure these seminars will prove very useful to our members who, like all small businesses in the present climate, need to make the most of any opportunity to reduce costs.”

LAPADA and Currencies Direct formed a partnership last year to help dealers with foreign payments.

To reserve a place at either seminar contact Deepak Goyal on 0207 847 9421.