CaxtonFX has launched FastPay, an online payments service that allows customers to make payments of under £10,000 around the world in 17 different currencies with no fees or commissions while still enjoying competitive exchange rates. Suitable for individual or business needs, users lock into live currency rates that are updated online, and then pay via a sterling debit card.
The Internet platform allows users to transfer £100 to £10,000 at discounted online exchange rates, no commission or any other charges. Among those that can be transferred online are euros, US dollars, Australian dollars, Canadian dollars and New Zealand dollars. The service is ideal of owners of overseas properties who have regular bills to pay, expatriates resident in the UK who need to send money home, or businesses that have to pay their overseas suppliers.
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