What is the best way to handle payments in the local currency?
I export to North African countries.
My customers want to pay me in their local currency. Which is TND, EGP and LYD.
The amounts vary from hundreds to tens of thousands of the local currency.
I need your advice and experience.
Should I open a local currency account in the country, receive payment into these accounts, then transfer the funds, once they reach a certain level in GBP?
Which banks would you recommend for holding these currencies?
Which service would you recommend for converting these currencies to GBP?