FairFX, the e-banking and international payments group, is pleased to announce the launch of its multi-currency business current account, Fair Everywhere, marking FairFX's first step into the SME banking sector since its acquisition of CardOne earlier this year.
The new business current accounts will be made available to customers in early 2018.
Fair Everywhere will offer SMEs current accounts in multiple currencies that will incorporate full-service banking services combined with a low cost, international payment facility. With businesses able to open an account within a few hours, Fair Everywhere will enable business customers to send and receive funds from abroad at FairFX's highly competitive exchange rates. Additionally, the account will offer a rewards programme, which will allow customers to earn up to 3.5% cash back on spending at major retailers.
The full benefits of the Fair Everywhere account can be viewed via the website www.faireverywhere.com.
Ian Strafford-Taylor, CEO of FairFX, said: "It's fantastic to reveal our planned launch of the Fair Everywhere business current account, the first new product coming from our pipeline of new digital banking services for SMEs. Our aspiration with Fair Everywhere is to make international business fairer, easier and more cost-effective, and the international payments functionality is a real differentiator compared to other service providers. By making a small change in banking provider, businesses can make a big difference to their bottom line.
"Fair Everywhere also sees FairFX expand its product offering and make a significant move into the SME banking services space, targeting businesses that require cost effective, efficient current accounts. We are looking forward to announcing the official launch of the Fair Everywhere product in early 2018."