Travelling on international business? Pack a currency card.

Our Business Traveller currency cards are free to issue with no monthly management costs, free* to use overseas, offer great exchange rates and make employee budgeting simple. Talk to us about your business's requirements on 020 7042 7603 or apply online today.

Apply Now For You

Today's business currency card rates

 

Business currency cards could save your company a small fortune

  • Competitive exchange rates - saving your business money every time you buy foreign currency
  • No point of sale usage charges when spending abroad
  • No monthly management fees

*Caxton FX does not charge for international point of sale. However some merchants or ATMs may levy their own charges.

Infographic -currency -cards -for -your -business -01

We make overseas spending easy

  • Free to set up an account - can be the same day based on your company status
  • 'Chip & PIN' secure
  • Retrieve your PIN instantly by phone
  • Accepted at over 31 million outlets and ATMs worldwide
  • Choose between Sterling based cards that can be used anywhere, or Euro and Dollar cards where you prepurchase your currency to lock in the rate
Photo -currency -cards -for -yo

Budgeting and employee management is simple

  • Simply load and reload employees cards online, over the phone or by SMS before a business trip
  • Flexible spending - cards are available in euro (Europe Traveller), dollar (Dollar Traveller) and sterling (Global Traveller)
  • Budgetary control is simple and hassle-free with our online account

*Caxton FX does not charge for international point of sale. However some merchants or ATMs may levy their own charges.

Business Prepaid card reviews

See what our Business currency card clients think...

“The most impressive features for us are: there is a clear audit trail, we always know we’re receiving the best exchange rates and there are no hidden fees and charges. We know exactly what we’re spending and when.” - John Watkins, Director, Gulet Barefoot Cruises

“Caxton FX is much more cost-effective compared to using a regular bank debit card. Their cards offer genuinely great value for money.” - Simon Neal, Director, Revelation Life

Start saving on your business travel currency today.

A Caxton FX business card account is quick to set up. The results...

... so efficient that you’ll never want to use your bank debit or credit card again!

Visa prepaid currency cards – fees, charges and limits


FEES & CHARGES

Global Traveller

Europe Traveller

Dollar Traveller

Card purchase

Free

Free

Free

Load and reload (by your Administrator)

Free

Free

Free

Point of sale transaction - international

Free

Free

Free

Point of sale transaction - domestic

£1.50

€1.75

$2.00

ATM transaction - international

Free

€Free

$Free

ATM transaction - domestic

£1.50

€1.75

$2.00

Over the counter cash - international

£4.50 plus 2% of withdrawal amount

€6.50 plus 2% of withdrawal amount

$8.00 plus 2% of withdrawal amount

Over the counter cash - domestic

£4.50

€6.50

$8.00

FX mark-up where a transaction is performed in a currency different to that of the card, the rate of exchange used is the Visa Europe rate ruling at that time marked up by 2.75%

2.75%

2.75%

2.75%

Available balance enquiry - online

Free

Free

Free

Available balance enquiry - via SMS

Free

Free

Free

PIN reminder*

Free

Free

Free

Card renewal

Free

Free

Free

Card replacement fee - damaged/lost/stolen

£5.00

€7.50

$10.00

Redemption processing fee

£1.50

€2.00

$3.00

Dormancy fee - monthly (applicable after 12 months from expiration of the last card in your account)

£0.85 per month per card

€0.98 per month per card

$1.35 per month per card

Investigation fee

Up to £50 (see section 12.7 of terms and conditions)

LIMITS

Global Traveller

Europe Traveller

Dollar Traveller

Minimum load

£100

€150

$200

Maximum single load

£7,000

€10,000

$13,000

Maximum total available balance

£15,000

€16,000

$25,000

Maximum number of loads per day

2

2

2

Maximum load amount per year

£60,000

€70,000

$80,000

Maximum value of a single point of sale transaction

£7,000

€10,000

$13,000

Maximum number of ATM withdrawals per 24 hours

2

2

2

Maximum value of ATM withdrawals per 24 hours

£300

€500

$750

*Calls cost £0.0336 per minute from a BT landline. Calls from mobiles and other networks may vary.

Managing and distributing Business Traveller currency cards.

Now you've received your Business Traveller currency cards, it's really easy to set up your account and start saving money. You'll find everything you need here and in our FAQ Guide below.

Business -currency -card -infographic

*Should you prefer to load by bank transfer please use your account ID and company name as a reference. To allocate funds to specific cards please email businesstraveller@caxtonfx.com with the breakdown. For example: Card ending * 6945 £1000

What are Caxton FX Business Traveller cards?

Caxton FX Business Traveller cards are prepaid cards that help you to effectively manage your employee's overseas travel expenses by loading the required currency before they leave. There are no setup or management fees and there is no cost to issue cards. Cards are embossed with the employees name and the name of your company.

Which card type is most appropriate for our business?

If your employees primarily need access to US Dollars or Euros then the US Dollar Business Traveller Card or the Europe BusinessTraveller Card are the best cards to use. These cards can be loaded at any time such as when rates are attractive to hedge your travel expenditure. If you would like the convenience of having one card that will work anywhere we will issue your employees with a sterling based Global Traveller which can be used worldwide.

What documentation is needed to open a Caxton FX Business Traveller card account?

The card application forms should be signed by a Director (or Partner, or Trustee depending on the type of organisation) and we may ask for further documents depending on the structure of the company.

How soon after opening an account will the card arrive?

Your Caxton FX Business Traveller cards will take 5-7 working days to be embossed and delivered.

I have received the cards, what is the next step?

On receipt of the cards please hand these to your employees taking care that cards are correctly allocated. The card carrier gives information to recipients of the card such as the number to call to retrieve their PIN as well as how to login to activate their account such that they will be able to view their card balance and transaction history. As the Administrator you will also be able to activate cardholder accounts using your online platform. The information needed is the 16 digit card number and the card expiry date.

Please see "how do I obtain my PIN?" for the next step.

How do I obtain my PIN?

Cardholders can call 08455200503 (or+ 44 207 281 0712) and follow the prompts to receive their PIN. They can do this any number of times should they forget their PIN. It is important that PIN's are kept secret and that the cards are kept secure at all times.

Is it possible to change a PIN?

Yes, cardholders can use any High Street ATM in the UK to change the default PIN and provides a good reason for the cardholder to test out the card. Please ensure this is done before the cardholder leaves the UK.

How secure are the cards?

Our Chip and PIN cards, if used correctly, offer a safe way to take travel money overseas. Cardholders should keep their currency cards secure at all times and the PIN should only be known to the cardholder and not revealed to anybody else. We recommend that the cardholder frequently checks their transactions by logging in at www.caxtonfxcard.com/business and that the Card Administrator monitors the overall card balances. The Business Card team will be happy to help should there be any suspicious activity. (0207 201 0528)

What to do if a card is lost or stolen?

Your cardholder should call through immediately to our 24/7 lost and stolen helpline 0845 222 2639 (or+ 44 207 201 0526 from overseas) to block the card. We will be able to arrange for a replacement card during business hours

How are the cards loaded?

The Card Administrator can log in to their online platform at www.caxtonfxcard.com/business and follow the instructions to load the cards via debit card. Alternatively it is possible to send in a BACS transfer. Please contact the Business Card team on 0207 201 0528 for details.

Can a cardholder reload the card themselves?

No, Caxton FX Business Traveller cards can only accept funds from companies. However a cardholder can take out a personal card by applying online.

How long does it take for the funds to be applied to the cards?

Debit card loads are almost instant, and when funds are sent by bank transfer we credit the cards when the funds have been received.

Where can I find the current rates?

You can see the current load rates at www.caxtonfxcard.com/currency-cards

Is there a minimum or maximum amount that can be loaded on the cards?

Yes, this varies by currency. The minimum is £100, €150 and $200. The maximum is £7,000, €10,000 and $13,000.

Where can the Caxton FX Business Traveller cards be used?

Anywhere that accepts Visa, including ATMs, shops, restaurants, online or on the telephone.

Can the Caxton FX Business Traveller cards be used in the UK?

Yes, all cards will work in the UK. Please refer to our Terms and Conditions for the fees associated with domestic use of the cards.

Can my cardholder use a US Dollar Business Traveller card in Europe?

Yes, cardholders can use the US Dollar card in Europe. Where a transaction is performed in a currency different to that of the card, the rate of exchange used is the Visa Europe rate ruling at that time marked up by 2.75%.

Should our cardholders use the Caxton FX Business Traveller cards for security deposits?

No. It is best to use the Caxton FX Business Traveller card to pay for hotels and car hire, but to avoid security deposits which will reduce the available balance on the card it is best to use another card when checking in to a hotel, or when leaving a deposit when renting a car. This is because a security deposit hold can be in place for up to 15 days and will temporarily decrease the available balance on your Caxton FX card.

What happens if a cardholder tries using a card with insufficient funds?

If the available balance is lower than the transaction amount the transaction will be declined.

Should cardholders be paying in sterling or local currency when given the choice abroad?

Always choose to pay in the local currency to avoid Dynamic Currency Conversion (DCC). If the merchant carries out the transaction in sterling they will have used their own exchange rate and this could be unfavourable. Your cardholders should check the payment terminal, and if the amount is shown in sterling, they should ask to have it changed.

Can I have the funds returned to our account?

Yes, funds can be redeemed by the organisation at any time and funds will only be returned to the loading source.

What happens if an item purchased by a cardholder needs to be returned?

Each retail store has its own return policy and will handle the returns in the same manner as any other Visa transaction.

Can cardholders withdraw cash from ATMs?

Yes, they can withdraw up to £300, €500 or $750 per 24 hours with a maximum of two withdrawals.

My cardholder cannot find an ATM, are there any online tools to help?

Yes, a list of all nearby ATMs can be found at http://visa.via.infonow.net/locator/global/

Where can I access all of my cardholder’s recent transaction information?

You can login at a by clicking on "login/activate" at the top of the page and use the Account ID and password provided to you at the time of sign up. If you are having trouble signing in please contact the Business Cards team on 0207 201 0528.

Can my cardholders log in to check their individual balances?

Yes, by clicking on "login/activate" at the top of the page. They will have been allocated an Account ID and set their own password when they activated their cards. Should they have forgotten either their password or Account ID they can retrieve them by using the links on the login site.

Can I transfer money between cards?

Yes, please contact the Business Cards team on 0207 201 0528.

Do balances on Caxton FX Business Traveller cards attract interest?

No interest is earned on funds loaded on currency cards.

Our contact details have changed, what do I need to do?

Please contact the Card team on 0845 658 2223.

How do I cancel a card?

Please contact the Cards team on 0845 658 2223.

What is the complaints procedure?

The Prepaid Card programme is managed by Caxton FX Ltd, Portland House, Bressenden Place, London SW1E 5BH. If you are unhappy in any way with your currency card or the way it is managed, tell us by using the e-mail enquiry facility on the Website so we can investigate the circumstances for you. Any complaints you have will be dealt with quickly and fairly. You may be able to take unresolved complaints to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR. Telephone: 0845 080 1800 and e-mail: enquiries@financial-ombudsman.org.uk

I would like to speak to a Business Card team member, what is the number to call?

0207 201 0528

Can I put a temporary hold on a card?

Yes, please contact the Business Cards team on 0207 201 0528.

What happens when a Card expires?

All cards will be valid for 3 years. When they expire we will issue you with a replacement card only if you let us know one is required. You will be contacted by email at your registered email address one month before expiry and you will be required to re-confirm the details of the cardholder.

What are Caxton FX Business Traveller cards?

Caxton FX Business Traveller cards are prepaid cards that help you to effectively manage your employee's overseas travel expenses by loading the required currency before they leave. There are no setup or management fees and there is no cost to issue cards. Cards are embossed with the employees name and the name of your company.

What currencies are supported?

Caxton FX offers a Global Business Traveller card (Sterling) which can be used worldwide, a Dollar Business Traveller Card (US Dollar) for travel specifically to the US and a Europe Business Traveller Card (Euro) for travel in Europe. Caxton FX cards will be accepted wherever the Visa logo is displayed.

How does my organisation apply for a Caxton FX Business Traveller card?

Please click on the following link and fill in the required information. Your organisation will be sent an application form that needs to be completed by a Director (or Partner, or Trustee depending on the type of organisation) and will require the submission of further documentation in support of the application. If you would like to speak to a member of our Business Card team please call 0207 201 0526.

When will I get my card

Your Caxton FX Business Traveller cards will take 5-7 working days to be embossed and delivered.

The cards have arrived, what is the next step?

Once you have received your card you can log in to activate your card using the instructions provided. Alternatively your Card Administrator can activate them using their online platform. The information needed is the 16 digit card number and expiry date. Please see "how do I obtain my PIN?" for the next step.

How do I obtain my PIN?

Please call 0845 5200503 (or + 44 207 281 0712) and follow the prompts to receive your PIN. You can do this any number of times should you forget your PIN.

Is it possible to change my PIN?

Yes, you can use any UK High Street ATM to change the default PIN and provides a good reason to test out the card. Please ensure this is done in the UK.

How secure are the cards?

Our chip and PIN cards offer a safe way to pay for transactions overseas. You should treat your currency card like cash in a wallet. If a card is lost or stolen, the company may lose some or all of the money on the card. As a result, your Caxton FX card must be kept safe at all times and not be used by a third party. Your PIN should only be known to you and must not be revealed to anybody else. We recommend that you frequently check your transactions by logging in at www.caxtonfxcard.com/business and that the Card Administrator monitors the overall card balances. The Business Card team will be happy to help shouldthere be any suspicious activity. (0207 201 0528)

What to do if a card is lost or stolen?

You should call through immediately to our 24/7 lost and stolen helpline 0845 222 2639 (or + 44 207 201 0526 from overseas) to block the card. We will be able to arrange for a replacement card during business hours.

How are the cards loaded?

Your Card Administrator can load your card with funds either online with an organisation's debit card or by electronic bank transfer.

Can I reload the card myself?

No, Caxton FX Business Traveller cards can only be loaded by the Card Administrator. The Business Traveller cards cannot accept personal funds, please apply for a personal Caxton FX card should you need to fund your own card.

How long does it take for the funds to be applied to the cards?

Debit card loads are almost instant, and when funds are sent in by bank transfer we credit the cards when the funds have been received.

Is there a minimum or maximum amount that can be loaded on the cards?

Yes, this varies by currency. The minimum is £100, €150 and $200. The maximum is £7,000, €10,000 and $13,000.

Where can the Caxton FX Business Traveller cards be used?

Anywhere that accepts Visa, including restaurants, shops, online or ATM's.

Can the Caxton FX Business Traveller cards be used in the UK?

Yes, all cards will work in the UK. Please refer to our Terms and Conditions for the fees associated with domestic use of the cards. Using cards outside of their denominated currency would involve an extra foreign exchange conversion. This exchange rate would be determined by Visa rather than Caxton FX.

Can I use a Caxton FX Business Traveller Card for a transaction in a currency different to that of the card?

The most efficient use of Caxton FX Business Traveller Cards is to use them within their designated currency. However, all cards will work out of zone. Using cards outside of their denominated currency involves an extra foreign exchange conversion. The exchange rate applied for any Point of Sale or ATM transaction in a currency other than the currency of the card will be determined by the Visa Europe exchange rate applicable at that time marked-up by 2.75%. You should check with your Administrator before you travel.

Should I use the Caxton FX Business Traveller cards for security deposits?

No. When, for example, booking in to a hotel or renting a car the merchant often requires a deposit which reduces the available balance on your card and may be held for up to as much as 15 days. It is best to use the Caxton FX Business Traveller card to pay for the final hotel cost and car hire, but to avoid security deposits which can be done by using an alternative card.

What happens if I try using a card with insufficient funds?

If the available balance is lower than the transaction amount the transaction will be declined.

What happens if a cardholder tries using a card with insufficient funds?

If the available balance is lower than the transaction amount the transaction will be declined.

Should I be paying in Sterling or local currency when given the choice abroad?

Always choose to pay in the local currency to avoid Dynamic Currency Conversion (DCC). If the merchant carries out the transaction in Sterling they will have used their own exchange rate which could be unfavourable. Remember to check the payment terminal, and if the amount is shown in Sterling, you should ask to have it changed.

What happens if I have purchased an item that needs to be returned?

Each retail store has its own return policy and will handle the returns in the same manner as any other Visa transaction.

Can I withdraw cash from ATMs?

Yes, you can withdraw up to £300, €500 or $750 per 24 hours with a maximum of two withdrawals.

I cannot find an ATM, are there any online tools to help?

Yes, a list of all nearby ATMs can be found at http://visa.via.infonow.net/locator/global/

Are there any charges for withdrawing cash from ATMs?

Caxton FX does not levy a fee to withdraw cash from ATMs when used overseas. A fee is applied if an ATM is used domestically within the UK. Please refer to the fees and charges for a full description. Some ATM operators may impose a withdrawal fee. You will always be advised of a surcharge before the transaction takes place.

Can I have the funds returned to me?

No, we can return the funds to the loading account only.

Where can I access all of my transactions?

You can log in at www.caxtonfxcard.com/business by clicking on "login/activate" using the Account ID and password you set up when activating your card. Should you need to have a reminder you can retrieve both Account ID and password by using the links from the login page.Alternatively if you are having trouble signing in please contact the Business Cards team on 0845 658 2223.

Can I transfer money between cards?

Yes, please have your company Cards Administrator contact the Business Cards team on 0207 201 0528.

Do balances on Caxton FX Business Traveller cards attract interest?

No interest is earned on funds loaded on currency cards.

My contact details have changed, what do I need to do?

Please have your company Cards Administrator contact the Business Cards team on 0207 201 0528.

How do I cancel a card?

Please have your company Cards Administrator contact the Business Cards team on 0207 201 0528. To report a card lost or stolen please call through immediately to our 24/7 helpline 0845 222 2639 (+44 207 201 0526 from outside the UK) to block the card.

What is the complaints procedure?

The Prepaid Card programme is managed by Caxton FX Ltd, Portland House, Bressenden Place, London SW1E 5BH. If you are unhappy in any way with your currency card or the way it is managed, tell us by using the e-mail enquiry facility on the Website so we can investigate the circumstances for you. Any complaints you have will be dealt with quickly and fairly. You may be able to take unresolved complaints to the Financial Ombudsman Service at South Quay Plaza, 183 Marsh Wall, London E14 9SR. Telephone: 0845 080 1800 and e-mail: enquiries@financial-ombudsman.org.uk

I would like to speak to a Business Card team member, what is the number to call?

0207 201 0526

Can I put a temporary hold on a card?

Yes, please contact the Business Cards team on 0845 658 2223.

What happens when a Card expires?

All cards will be valid for 3 years. When they expire we will issue you with a replacement card only if your company Card Administrator lets us know one is required. They will be contacted by email at their registered email address one month before expiry.

Save your co-workers money

Working hard all day? Not getting the thanks you deserve? All you have to do is follow our 2 step recognition plan:

  1. Share this page your friends and colleagues, informing them that they can save money on their business travel currency.

  2. Sit back while your colleagues soak up these great reasons to use Caxton FX Business currency cards:

    • Great exchange rates

    • 'Chip & PIN' secure

    • Easy to load online, over the phone or via SMS

    • No point of sale usage charges when spending abroad

    • Accepted at over 31 million outlets and ATMs worldwide wherever the Visa sign is displayed

Get praise, save colleagues money – follow the recognition plan

Dear #NAME

If you or your employees travel abroad on business, you’ll want to know more about Caxton FX’s innovative, Business Traveller prepaid cards.

More value

  • consistently competitive exchange rates – save every time you buy currency
  • full programme management, with NO commission or fees – other providers charge up to £40 per card, per year.
  • hassle-free budgetary control across all cardholders via our online account management system, and export statements for easy reconciliation
  • add funds to cards online, by phone or via SMS – in real time

More flexibility

  • choose Eurozone, US or international cards
  • use wherever you see the Visa® sign – over 31 million outlets and ATMs worldwide.

More security

  • all our cards are chip and PIN protected
  • Caxton FX is authorised and regulated by the FCA.

For more information and to apply today, visit https://www.caxtonfx.com/currency-cards/for-your-business/card-benefits/

Kind regards,
#SENDER

Visa and the Visa Brand Mark are registered trademarks of Visa. Caxton FX currency cards are issued by R. Raphael & Sons plc, pursuant to licence from Visa Europe. R. Raphael & Sons plc is a UK Bank authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority (registration number 161302). Registered office at Albany Court Yard, 47/48 Piccadilly, London W1J 0LR, company registration number 01288938.


Submit