GLOBAL COLLECTIONS,
LOCALLY
Captiva makes it easier for you to get paid overseas, reducing the burden and risks associated with of opening new entities or new bank accounts around the world. We can issue you with local accounts, held in your name, to speed up payments in the US and across the Eurozone.
Online marketplace sellers are particularly prone to difficulties and unforeseen costs when accepting payments from international buyers. Online marketplaces will often require that the customer has a bank account based within the country they are receiving funds from, which can prove to be an impossible task. Failing this, the online marketplace will insist on facilitating the currency exchange themselves when repatriating sales, at a substantial cost of up to five percent of the sale price as a result.
To combat this issue and provide a better solution, Captiva provides clients with multi- currency, multi-jurisdictional, collection accounts, enabling them to utilise our competitive exchange rates, as and when they choose.
Mimic the benefits of holding multiple bank accounts across the globe. Avoid the time and costs of opening and maintaining overseas bank accounts, without needing to open a foreign entity.
INTERNATIONAL
VIRTUAL ACCOUNTS
AVOID PAYMENT
FEES
(WHERE APPLICABLE)
Offering more flexibility and control. Lock in an exchange rate and draw down incrementally against the value of the contract, up until the expiry date of the contract.
EXPAND YOUR
REACH
Collect payments in 35 different currencies and in multiple countries, with local e-money accounts opened in your name, instantly
AVOID CONVERSION
FEES
(WHERE APPLICABLE)
Avoid unnecessarily high conversion costs by using local accounts to collect funds in local currencies. Repatriate funds using Captiva’s rates.
Improve relationships with customers, by invoicing in their local currency. They know exactly how much they owe and avoid fees when sending funds.
ENHANCE
RELATIONSHIPS
Be notified immediately when your overseas payments have been received, reducing the monotony of checking when funds have hit your account.