Cross Border Payments:The world is getting smaller

A unique solution to the age old problem of sending money across the globe

The world is getting smaller. And, the ability to do business across it, even more so. However, traditional cross-border payments have yet to catch up. High fees, delays and currency conversion issues are just some of the risks you face that impact your cash flow and your market competitiveness.

If you’ve ever had to do one, or do them regularly, you’ll already know that the current system for cross-border payments can be agonisingly painful.

Expensive: When you add implicit FX spreads to transaction costs, you can end up paying 3 - 7%. If you’re doing £5m in annual cross-border payments, that’s £150,000 - £350,000 per year.

Slow: It can often take days for payments to arrive.

Stressful: With several intermediary correspondent banks typically involved, tracking a payment is difficult. If anything goes wrong, it can take weeks to locate your money.

Changing with the times

As the financial landscape evolves, so do your needs and expectations.

That’s why we’ve pioneered a different solution to the age old problem of transferring money across the world.

You'll get:

  • Enhanced regulatory compliance: Stay ahead of the compliance curve with our blockchain-enhanced transparency. This technology not only meets but also exceeds current regulatory standards, offering peace of mind and security in international dealings.
  • Streamlined Operations: Simplify your treasury operations with our integrated platform that supports efficient international payments and strategic cash pooling. This allows for more focused management of core business functions without the operational complexities typically associated with global transactions.
  • Empowering Global Business: Get the strategic edge in international finance management with a solution that’s crafted to empower businesses with a global footprint.

Test out our platform for modern corporate treasurers, financial directors, and CFOs that streamlines cross-border payments.

The best bits

1. Optimise your cash flow:

Accelerate cash settlements, enabling money movement from the UK to most parts of the world in just 30 to 60 minutes, enhancing liquidity and agility.

2. Cost efficiency:

Reduce international transfer costs with our fintech solutions, minimise transaction fees, obtain far better FX rates and lower overheads to improve your bottom line.

3. Global transactions, local impact:

Process seamless global transactions tailored to meet local regulations and business practices, ensuring efficiency and effectiveness.

Your next step

Request a complimentary consultation using the form below to see how you can better safeguard the financial health of your business >


Why choose us?

Leading the way in technological improvements, back by over 38 years of experience.

Independent: We’re owned by our employees and offer a unique no-sale contractual guarantee. Being part of a business that’s ‘in it for the long term’ means unsurpassed stability and certainty.

Technology: Best-in-class software and systems to monitor and manage your money.

Value: Cross-border payment cost savings that don’t come at the price of quality. You’ll get exceptional service at a price that’s fair.



 

 

The latest insights from our experts

Yes, you can have the best of both worlds...

Access your business funds when you need them without compromise on growth. Times have changed so we'll work with you to both mitigate your counterparty risk and combat inflation risk so you reap the benefits.

Find out how we can help you to reach your goals in today's financial landscape >

Yes, you can have your cake and eat it!

Call now on 01252 894883 to speak to a member of our team or use the form below to send an enquiry.

Send a message

To discuss your specific requirements with a member of our team, please start by sending us a brief message or, if your enquiry is more urgent, call our Head Office on 01252 894883 and we will be put you in contact with the right person.

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It is most helpful that we are advised of costs in advance. We also really appreciate that Cartwright does not have turnover of staff compared to previous advisers.

Managing Director

 

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