Capitex Group specializes in financial services, including currency exchange and international money transfers.

The company offers specifically tailored solutions to businesses in need of regular cross-border payments and a specific currency risk strategy.

Each company is different, and as such the details of each strategy are also different. This being said, working with Capitex, a business can expect hands-on account management, currency risk management tools, and the ability to make and receive cross-border payments.

Overview

Basics

Monthly Fee	Exchange rate	Transfer fees	Multi-currency account
Agreed on signup	Agreed per transfers	Agreed on signup	Accounts available in the UK, EU, USA and Canada

Visit Capitex

Pros

Dedicated account manger to manage your payments and negotiate exchange rates
Market insights to maximise the value of your transactions
Store funds in a single platform with unique named accounts in the UK, EU, USA, and Canada

Cons

All the fees are negotiated during the signup process

Currency risk tools

Features	Insight
Forward contracts	Lock in the exchange rate for future currency conversions.
Account manager	Dedicated account manager to manage your financial needs and negotiate exchange rates.
Spot FX contract	Buy currencies when you need them.

Fees and general cost

There are no fees for signing up or using Capitex. The only cost is the exchange rate for currency conversions which is agreed based on the transfer details. This is useful for businesses making large money transfers abroad as the rates will usually be lower compared to multi-currency platforms like Payoneer or Currenxie, where the exchange rates are pre-defined.

Eligibility

Countries

Products offered by Capitex

Currency risk solutions

Working with providers that can aid in building a currency strategy and planning ahead for large payments with tools like forward contracts, will make a huge difference to the bottom line.

Large transfers

Exchange rates will be agreed ahead of transfers, but will be better than using a traditional business bank account. Fees will also be lower, or non-existent, and the money should arrive at the intended destination quicker as well.

Signing up for Capitex

Start the Registration

Navigate to the Capitex website, click "Register" and select Corporate account.

Add Your Details

Add your details and your business information, including registration number, address, name, and type of company.

Add Authorized Users & FX Needs

Next, you will be able to add any authorized users who will have access to the account.

In addition, you will need to explain your currency needs. This will include currencies you will buy and sell, annual volume, transfer frequency, countries, and reasons for transactions.