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Privalgo partners with Experience UK to provide currency exchange solutions

Wednesday 9 October 2024 09:09 CET | News

Privalgo, a UK-based foreign exchange (FX) and international payment company, has partnered with Experience UK to deliver FX and payment solutions to visitor and events businesses. 

As part of their collaboration, Privalgo is set to offer Experience UK members access to its customised solutions for global payments, currency risk management, and multi-currency accounts. Committed to supporting UK companies that create, deliver, and operate visitor experiences, including themed attractions, museums, retail venues, and live events, Experience UK aims to provide advanced services, networking capabilities, and international business opportunities to its users. The company focuses its efforts on entering new partnerships that can further optimise the global advancement of UK businesses in the Experience Economy, hence the alliance with Privalgo.

Privalgo partners with Experience UK to provide currency exchange solutions

On the other hand, Privalgo, which is authorised and regulated by the Financial Conduct Authority (FCA), assists clients in reducing costs for international transactions, optimising budgeting, and increasing their FX exposure. The company’s network of 16 banking partners, including Tier-1 banks, works towards ensuring businesses have access to reliable and more cost-effective international payment routes.

Privalgo and Experience UK’s partnership benefits

By teaming up, Privalgo and Experience UK plan to enable the latter’s members with access to several benefits and services, including opening UK, European, and US multi-currency accounts faster, international payments to suppliers in up to 140 currencies, and an e-wallet to receive customers funds in 30 currencies and hold balances. In addition, members are set to obtain foreign exchange risk management strategies to minimise currency risk and protect profit margins, as well as a dedicated online platform and tailored relationship managers for support.

Furthermore, when commenting on the partnership, representatives from Privalgo underlined that the collaboration with Experience UK is set to allow their company to offer its FX and payment solutions to a range of UK-based businesses that are advancing the worldwide Experience Economy. The two companies intend to help Experience UK members reduce the complexity of international payments, discover more efficient payment routes, and eventually expand their business globally.

Source: Link


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Keywords: partnership, FX , digital payments, cross-border payments, expansion, multi currency treasury solutions
Categories: Payments & Commerce
Companies: Experience UK, Privalgo
Countries: United Kingdom
This article is part of category

Payments & Commerce

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Experience UK

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Privalgo

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