Errol Izzet
Head of Private Account Management
Jul 12, 2024
Master Your Money with Effortless, Money-Saving International Payments
More and more of us are making regular payments abroad. Whether it’s to maintain properties, fund ex-pat lifestyles, or send money to loved ones overseas, it’s important that we can trust these international transfers to take place as expected. Currency volatility can cause unnecessary stress, as the cost of transferring funds can fluctuate month to month, making regular payments unpredictable. So having the ability to fix a rate in advance is not only going to allow you to save money, but also bring you peace of mind.
What factors might affect my regular international payments?
Exchange rates - Fluctuations in exchange rates can have a significant impact on your regular payments, making budgeting tricky and potentially having a serious impact on the cost of your regular payments.
Speed - International payments can often take longer to process than domestic payments, making it difficult to ensure your regular payment gets where it needs to, when it needs to.
Additional fees - Making international transfers through traditional banks can often incur fees from both the sending and the receiving bank, and it’s not always clear what you’re being charged.
What’s the solution to my regular payments?
From mortgage or pension payments to supporting family abroad, you can set up frequent, automated payments with Caxton. Just tell us who you need to pay, how often, the duration, and your choice of currency – and Caxton’s Regular Payments service, coupled with our Forward Contract service, means you can fix the exchange rate for up to two years. You can instruct our team to fix the rate for payments in advance, for between two and 12 months, to give you peace of mind that you're sending or receiving the same amount each time. Simply log in online and you can view and manage your international payment plans anywhere, any time. Or call your dedicated UK account manager and they can talk you through the process. And with excellent competitive rates and no hidden fees or charges with Caxton, you’ll always know exactly what you’re paying.
About Caxton
Caxton is a premier provider of currency exchange and risk management services. As well as delivering exceptionally competitive exchange rates, clients enjoy five-star customer service. We prioritize getting your money to the right place at the right time, securely. Safeguarding client funds is integral to the trust between us and our clients, and we go beyond mere compliance; we build a fortress of security and trust around our client's assets.
Moviinn partners with Caxton to offer our clients the best international payment solutions. If you are interested in this service, please book a call with moviinn today.
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