Case Study: Thür Lingua AG achieves lower FX costs and simpler global currency management with amnis

Thür Lingua AG - Customer Case Study

Thür Lingua AG, a Swiss provider of global language stays, faced significant challenges with managing transactions across six different currencies. Their previous banking partner's manual processes were time-consuming and inflexible, particularly for handling forward contracts, and resulted in high fees for foreign payments. This led them to seek a new solution, which they found with the vendor amnis.

By implementing amnis's multi-currency account and foreign exchange platform, Thür Lingua gained the ability to open accounts and exchange currencies online 24/7, eliminating manual processes. The solution provided substantial cost savings, reducing their FX costs to four times lower than traditional banks and removing all extra fees for managing forwards. The company, amnis, also provided a free business debit card and ongoing product innovations, making it an ideal financial partner for the small business.

Thür Lingua AG

Niklaus Thür

Founder