Payment services / Foreign exchange / Multi currency
tailored to the needs of SMEs trading internationally.
Our digital platform has the power to create an entirely new way of serving customers with the Relationship Manager still at the centre.
Online account opening
Dedicated Relationship Manager
Our Client management team has a deep understanding of international trade and will be happy to answer all your questions. We’re here whenever you need us.
Local payments in EUR and GBP
Enter new markets faster with a local EUR IBAN and UK sort code/account number.
International cross-border payments to support your international trade
Send and receive high-value payments to more than 150 countries. Convert 15+ currencies within your account including USD, EUR, GBP, and many more.
See the list of available countries.
Transparent FX exchange service
Convert currencies at the best available exchange rate.
Customer Support Desk
We are here to help when needed and take care of your problem right away.
Who are our customers?
Importer
Exporter
Distributor
Logistics operator
Manufacturer
We are open to any eligible industry
But our focus is on SMEs with extensive commercial links that generate a significant portion of their revenue via international trade.
Unlike our competitors, Finadvant lets you open more than one business account with us, including same currency accounts.
To apply for a Finadvant account, you do not need a personal current account with us. We are a B2B focused firm and we do not mix your business with your personal finance.
Why choose our service?
We aim to become your Business Partner not just a financial services provider.
We will adapt to your scale and ambition and offer adequate support where needed.
We offer an advanced online platform
with a traditional Web interface designed specifically for corporate users.
and:
Speedy account opening process.
Comprehensive expertise in international trade and cross-border payments.
Robust compliance tools to process client’s transactions faster than the competitors.
Best in class systems to support the funds’ flow of importers and exporters.
Competitive FX exchange rates for G10 currencies and exotics.
Transparent and simple fee structure.
Dedicated account representative available via phone, chat or email.
Flexible level of access for your employees.
To make things simple, all the services are included in the subscription.
Pay Monthly: £60/mo
Upfront account balance: £180
or
Pay Annually: £600/year
No upfront account balance required
Dedicated account manager
Free
Account opening in 3 or less business days*
Free
Access to bulk payments module ( upload and authorise)
Free
Additional account users with tailored access rights, including internal/external users
Free
Free
Integration with your accounting software. (coming January 2022)
Free
Local GBP incoming (Faster Payments, BACS)
0.35
Local GBP outgoing ( Faster Payments )
0.45
Local EUR SEPA incoming
Real time EUR incoming (SEPA Instant up to 100,000 EUR)
0.35
Local EUR SEPA outgoing***
Real time EUR outgoing (SEPA Instant up to 100,000 EUR)
0.45
International EUR or GBP incoming(SWIFT)
35
International EUR or GBP outgoing(SWIFT)***
45
Foreign exchange (FX) at the interbank rate EUR and GBP****
0.4%
International outgoing payments in USD and 16 other currencies (Convert and Pay)
0.6%
* The 3 day account opening time is counted after all the required documents are submitted. We reserve the right to charge a fee of GBP 50 per hour if a payment or account opening requires enhanced due diligence.
**Holding more than €50,000 in your EUR balance will be charged 0.39% annually.
*** Outgoing payment over 25,000 GBP (SWIFT) or EUR(SEPA and SWIFT) will be charged additional 0.01%.
**** Foreign exchange (FX) at the interbank rate. Contact your account manager.
We reserve the right to charge 0.4% if an outgoing payment is in the same currency as an incoming payment.
Official confirmation letter – £50
Reference letter – £50
Hard copy postage of any document – £20
SWIFT investigation/placing a trace caused by customer’s errors – £25
Still in doubt?
Your funds and data are in safe hands.
Finadvant is authorised by the Financial Conduct Authority in the United Kingdom.
We are serious about security: we work with the leading technology firms to keep your money safe. Finadvant is an FCA-approved EMD agent. We also work closely with other partners such as PayrNet Limited (an FCA-authorised Electronic Money Institution in the UK) and Railsbank Technology Limited to ensure our systems meet regulatory requirements.
Your money is safe. We safeguard it.
We are not a bank but your funds are held in segregated bank accounts at a licensed Tier 1 Bank, in accordance with a robust safeguarding policy. Our safeguarding policy and procedures are subject to the regular audit by external auditors so your funds are safe and protected.
Delegating Access to Online platform.
We can create various access rights profiles for different team members of your business.