Paycap serves the growing foreign exchange and international payments demand for multinational businesses, SME’s and personal clients.
Through our expert support, we're here to help you or your business get the most out of your money when making international payments. Our mission is to offer a better, more cost effective and specialist alternative to high-street banks and your conventional currency brokerage.
When funds are posted to your account, in line with regulatory requirements, the regulated [payment/e-money] institutions who we work with safeguard your funds. This means that the funds shown in your payment account or e-wallet are held at reputable banks or covered by an insurance policy, and most importantly, are protected for you in the event of our partner [e-money/payment] institutions’, or our, insolvency. Our partners stop safeguarding your funds when the money has been paid out of your account to your beneficiary’s account. If you require a breakdown of the exact amounts of funds you have safeguarded at each of our [e-money/payments partners] at a particular point in time, please do not hesitate to contact us.