THE SMARTER WAY TO MAKE RECURRING WEEKLY OR MONTHLY PERSONAL PAYMENTS
Whether you’ve retired and moved in search of the good life; a holidaymaker who’s bought a place in the sun; or a parent with children living abroad, you’ll need a way to transfer large sums of money out of the UK. Every penny counts when you make regular payments overseas. And we understand you need confidence in your choice of payments provider.
Choose our dedicated Regular Payments service for a smart, hassle-free choice, to help manage your financial ties overseas. From mortgage or pension payments to supporting family abroad, you can set up frequent, automated payments for between two and 12 months. Simply fix the rate in advance – and make way for stress-free payments every time.
More and more of us are making regular payments abroad, to maintain properties or fund ex-pat lifestyles. It’s important we can trust these transfers will take place as expected. And with excellent competitive rates and no hidden fees/charges with Caxton, you’ll always know what you’re paying.
Currency volatility can cause unnecessary stress, as the cost of transferring funds can fluctuate month to month; making regular payments unpredictable. Caxton’s Regular Payments service, coupled with our Forward Contract service, means you can fix the exchange rate for up to two years – giving you peace of mind that all payments, over that period, are locked at the same exchange rate.
Get in touch with one of our consultants, to learn how Caxton can help you with your regular international payment requirements. Call today on 0333 123 1815 or request a callback.
A GREAT RATE, TIMES TWELVE
Frustrated by the poor rate offered by his UK bank, Nick turned to Caxton to handle the regular payments necessary to maintain his house in the French countryside. The result? He says, "C'est magnifique!"
Every summer, Nick and his wife let out their house in Devon and decamp to a picturesque village on the edge of the Landes forest, not far from Biarritz. With bounteous sun, good quality wine, and a swimming pool in the garden, they’ve spent the last 20 years living the ‘good life’. That’s not to say their life is not without its complications. Uncertainty around Brexit and the triggering of Article 50 has seen the pound weaken by about 20% against the Euro. So, when a friend told Nick that Caxton’s International Payments service would cost a fraction of his high street bank’s equivalent, he was naturally eager to learn more.
Each month saw Nick having to transfer funds to cover the cost of house and car insurance, electricity, water, TV, and other utilities. Caxton’s market-busting rate and lack of hidden charges began to mitigate the effects of a weaker pound and reduced the impact of spiralling costs. For Brits living part or all of the year abroad, Brexit is providing an unwelcome complication. But Caxton’s International Payments Service means Nick and his wife can forget about currency exchange, making way to focus on the next challenge: the children and grandchildren, who treat their home like a free hotel!