23 June 2018
Register for the webinar today

Caxton launches multi-currency account for SMEs

28 June 2017  |  3042 views  |  0 Source: Caxton

SMEs no longer need to open a bank account to gain access to multicurrency banking.

Caxton, the FX specialists, are combining all of its services in to a single account, giving businesses access to seamless management of 34 currencies and a pre-paid card.

Up until now, SMEs would be faced with either sky-high FX fees via their UK accounts, or weeks of waiting for an unsophisticated multicurrency account from their bank. Caxton’s new multicurrency account can be set up within a few hours, giving businesses true flexibility with their money. This unlocks a business’s ability to spend on a Caxton pre-paid card, or employee expense cards, send international payments, and work with our expert account managers to manage their currency risk - and this can be done with their own personalised account number (IBAN). In addition, businesses are free to plug directly into Caxton’s payments engine via blockchain technology, making their payments cheaper, faster and more secure.

Rupert Lee-Browne, CEO of Caxton, said: “At a time when many of the major banks are closing their multicurrency offerings, we’re proud to launch ours. SMEs have long had a raw deal banking abroad: hit either by massive fees or long waits and difficult admin to move their foreign currency. The Caxton Multi-Currency Account frees businesses from this, providing one seamless, joined up way to manage your business’s money overseas”

Comments: (0)

Comment on this story (membership required)

Related blogs

Create a blog about this story (membership required)
Visit equensworldline.comVisit www.worldwealthreport.comVisit https://info.nice.com/

Top topics

Most viewed Most shared
GPS raises £44 million to fund international growthGPS raises £44 million to fund intern...
26368 views comments | 7 tweets | 8 linkedin
Robots save Nordea from GDPR processing nightmareRobots save Nordea from GDPR processing ni...
9205 views comments | 10 tweets | 18 linkedin
BIS: Cryptocurrencies are an environmental disaster that could break the InternetBIS: Cryptocurrencies are an environmental...
8559 views comments | 18 tweets | 23 linkedin
hands typing furiouslyArtificial Intelligence at the changing fa...
7310 views 0 | 10 tweets | 5 linkedin
Visa says 5.2m payments failed during 10 hour outageVisa says 5.2m payments failed during 10 h...
6377 views comments | 14 tweets | 10 linkedin

Featured job

to GBP £90K base, double OTE (estimate)
London, UK or Europe

Find your next job