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FXexellence ttaps Visa Direct and Currencycloud for cross-border B2B payments

FXellence, a provider of fast, simple, and secure international business payments, has announced the launch of its new cross-border payment platform for businesses, FXellence International Payments, powered by Currencycloud, a Visa Direct offering.

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Available initially in the UK, the new platform caters to business clients, addressing common challenges faced when sending money abroad. With an intuitive and smart online platform, an emphasis on exceptional customer service, fees starting from just £1, and competitive exchange rates, FXellence aims to streamline international business payments.

FXellence customers will be able to hold over 30 currencies in a single digital wallet, enabling payments to more than 100 countries. Each FXellence customer will also be given a dedicated account manager.

Simon Da Silva, Chief Operating Officer at FXellence, said, “We’ve worked for decades in large corporates and have significant first-hand experience of the frustrations and challenges faced by businesses when sending money abroad. We also know the difficulty large organisations have in developing agile solutions that meet customer needs.

“Recognising an opportunity to address these pain points, we developed a customer-centric payment platform with an intuitive, easy-to-use interface and a seamless onboarding experience. Currencycloud’s state-of-the-art technology and robust security credentials mean our customers can be confident sending money globally.”

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