Currency firm launches new online money transfer facility

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Currency firm launches new online money transfer facility

Brits about to jet off on holiday may like to take advantage of a new online currency facility which has been launched by CaxtonFX.

FastPay allows those holidaying abroad to make payments in 17 different currencies without having to pay any fees or commissions.

Account holders with CaxtonFX can log on and use the service 24 hours a day every day to conduct a variety of financial transactions. It could also prove to be useful for expats living abroad who have to pay bills, mortgages or fees in a different country.

James Hickman, managing director of CaxtonFX, stated: "It is early days but the feedback on this new service has been extremely positive. FastPay offers the best in flexibility and convenience while still offering CaxtonFX's unbeatable rates."

Among the currencies that can be transferred online are euros and Australian, American and Canadian dollars.

In other currency news, FairFX revealed last week that it is currently offering one of the best pound-to-dollar exchange rates on the market.

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