Axia FX

Axia FX

November 30, 2011 04:00 ET

Axia FX Launches Regular Overseas Payment Plan

Axia FX announces the launch of a new regular payment product.

LONDON, UNITED KINGDOM--(Marketwire - Nov. 30, 2011) - Axia FX, the foreign exchange market specialist, is pleased to announce the launch of a new product which makes it easier and cheaper to make regular transfers overseas.

The Regular Overseas Payment Plan is aimed at individuals who make frequent and recurrent transfers to other countries.

Individuals may often find themselves making international transfers. Globalisation means that people can be working in one location with a family or property in another country. Sending regular payments for a mortgage, bills or school fees is now a common practice.

Despite the prevalence of these transfers, retail banks do not offer a simple and cost-effective solution. They require you to make time to visit your bank each month, and the payments are subject to high transfer fees and commission - most high street banks charge a fee of between £15 and £30 for each individual transfer, and up to 10% on the exchange rate, so the costs can quickly add up.

Axia FX's Regular Overseas Payment Plan addresses these concerns of cost and convenience. It allows you to set up a Standing Order from your bank or building society to automate your payments and save you time.

To save you money, using Axia FX's plan means you will not be charged for your transfer. Axia FX also negotiate the lowest possible rates for their customers, meaning you will benefit from better exchange rates than high street banks will offer, and there are no hidden fees. In order to let you track your spending, Axia FX will also update you via email to confirm each payment and give details of the exchange rate.

David McNeil, Private Client Trader at says ' This easy to set up and flexible service should help take away some of the stress of making regular payments, while also helping our clients get the best value for money'

Individual consumers are paying needlessly high costs to buy currency, and banks are profiting from their lack of knowledge regarding the often complicated foreign exchange market. Axia FX's Regular Overseas Payment Plan gives you access to an expert advice, a cheaper and more efficient service and transparency over how you are spending your money.

About Axia FX:

Axia FX are FSA approved experts in foreign currency exchange. They offer outstanding service and the most competitive foreign exchange rates on international transfers and currency purchases for both businesses and private consumers. They offer a range of transaction options to suit differing requirements, and account managers can also help clients develop bespoke strategies to minimise their costs.

Visit for more information.

Contact Information

  • Media Contact:
    Axia FX
    David White
    Managing Director
    +44 (0) 845 257 8258