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As well as giving you the ability to trade and make global payments in 100+ currencies, Xchange Capital can provide you with currency accounts in your/your company name.
Domiciled overseas as well as domestically we can offer in-country collection in 35+ currencies enabling your customers to pay you like a local and giving your business a truly global presence.
Your currency accounts have both your name on it and a unique account number to provide your customers with when invoicing or requesting money.
Accepting payments in a foreign currency from customers is often difficult and expensive. Increase your customers satisfaction by offering payment in their local currency.
Our locally domiciled currency accounts are free to open with no annual fee and we can open new accounts same day.
Access your currency accounts, move money, convert money easily and securely using XCAP Online meaning you never have the need to pay for separate costly bank accounts.
Our currency accounts let our clients quickly receive money globally. Unlike traditional bank accounts that require lengthy timescales to open them, we are often able to open currency accounts the same day. This provides the ability to collect in your customer's main currency. Unlike others, your currency accounts are in your name with your bank details, these details include all the necessary information to receive payments into your account.
By holding these funds in their original currency, it also offers opportunities for businesses to make supplier payments without being exposed to foreign exchange. Our currency accounts require no corporate presence to collect payments locally. Amounts you receive will automatically be credited to your account balance. You then can use our range of foreign exchange solutions to transfer those funds into multiple currencies to pay suppliers, all at our competitive rates.
Your account manager will design and deploy our currency account solutions with your accounts team to ensure its fully integrated into your financial processes.