17 Jun, 2014
FEXCO are headquartered in Ireland with offices in London and Edinburgh, with a team of Foreign Exchange specialists across the UK. Establised in 1981 as the Foreign Exchange Company of Ireland they currently employ over 1,720 people worldwide. Fexco is the originator of Dynamic Currency Conversion (DCC) and brought the concept to market in 1996. They are the leading provider across Europe, the Middle East, Africa and the Americas and Asia Pacific.
FEXCO find that with many of their clients, they are very competitive on exchange rates in comparison to banks and other providers. This means that significant savings can be made when sending international payments. They also monitor the rates and provide advice on the right times to buy.
FEXCO is jointly regulated by the Bank of Ireland and the FCA and as a provider they don’t tie their clients into a contract and instead operate through a service level agreement.
FEXCO provides electronic fast payments service allowing instant transfers through an on-line platform and over the phone which is the same system as a bank would use. If your business has any incoming or outgoing international payments, then contact FEXCO today and see if they can save you money!
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