Receiving International Payments.
CurrencyWave does away with a system that banks have long employed, which penalises exporters and other businesses as well as individuals receiving international payments in a foreign currency.
Where banks convert your funds before they credit your account, taking charges out of the payment you have received without you having any say, CurrencyWave does not.
You can instruct the payer to send the amount they owe you into your CurrencyWave Global Collections Account, leaving you to convert the funds at the time of your choosing, at a much more favourable rate. You can then withdraw your money, or leave it in your CurrencyWave account, if you prefer.
To find out more about how CurrencyWave can assist you with collecting and converting currency payments from international customers click here.
Sending International Payments.
The CurrencyWave platform makes things simple for you 24/7 and allows for same-day international payments in many cases. All you need to have at hand is the beneficiary’s:
- IBAN code
- BIC/SWIFT code
- Full name and address
You can pay either overseas businesses or private individuals and, if you need to pay multiple beneficiaries from one currency conversion, that is easy-to-do. If your beneficiary is a regular payee, you can save their details on the platform, to be there when you next need them.
With CurrencyWave, you can send international payments in minutes, in four simple steps.
The minimum transaction amount is £1000 and there is no maximum limit, although very
large orders may take a little longer. Are you ready to start the process and save money?
CurrencyWave Business Account.
Businesses needing to pay an overseas third party or convert a foreign currency payment from a customer have incurred hidden, hefty and unreasonable bank charges for many years.
CurrencyWave has a compelling foreign exchange and bank transfer proposition for small and medium-sized companies doing business globally but unable to access favourable exchange rates through banks.
Too few businesses sending money internationally know there is an alternative to expensive, slow and cumbersome international bank transfers. More than ever before, it is important that you choose the right solution for your international payments and one that can best serve your customers, your supply chain and your operational needs in the most cost-effective manner.
Registering as a business with CurrencyWave is simple-to-do and will take just a few minutes of your time. It’s free to register and we just have to go through the steps that financial services regulation requires. Start the process now and begin your journey towards international bank transfer savings.