International Banking Partnership with Barclays
As annual volumes are soon expected to exceed $1 billion, we ask Executive Director Rishi Patel about the new banking partnership with Barclays.
Wirepayer Limited, the e-banking and international payments group behind The Currency Account brand, is pleased to announce that it has entered into an international relationship with Barclays Bank. The partnership with Barclays will enable the Group to accelerate its international expansion. The Group will leverage Barclays’ extensive global footprint to enhance its current product offering and bring even more efficiencies to current processes. Barclays has local settlement and clearance capabilities for payments in numerous countries, which together will improve the customer experience through faster settlement. The partnership will also significantly increase the number of currencies the company is able to offer clients. Over recent years, the Group has been growing at a phenomenal rate and annual volumes are soon expected to exceed $1 billion.
Commenting on the new arrangements, Rishi Patel, Executive Director at Wirepayer Group, commented:
"We are delighted to have partnered with a global banking brand like Barclays. This demonstrates our desire for innovation and commitment to providing best in class services to our clients. Partnering with Barclays not only allows us to offer local clearing and settlement in various countries, but their cash-management and foreign exchange platform also has many other exciting pieces of functionality which will create efficiencies for the Group and our clients.”
For more information about the group's banking partnerships, please contact: Rishi Patel, Managing Director, Wirepayer Group +44 (0) 20 3856 0218