What is RESi Pay?
When a client is referred to us our expert team of brokers quickly establish the key aspects of their requirements and, depending on things like where the client lives, which currencies they wish to exchange, why they are exchanging funds and how quickly they need to transact, we suggest and introduce the appropriate regulated payment institution through which the client can best achieve their objectives. RESi Pay is the vehicle through which appropriately qualified clients are introduced to The Currency Cloud Limited. TCCL is the nominated market-maker for the RESi Pay brand. We have other service brands for the other FCA regulated 'market-makers' we work with, for instance Prime Cap Global Payments specialises in leveraging the payment services of Ebury Partners UK Ltd. The particulars of our clients' needs and objectives determine which solutions we present.
Why pay more?
Almost all financial services institutions inflate their prices when they sell directly to retail customers. To streamline their businesses some of them attempt to cut out their direct selling activities all together and use intermediary brokers like RESi Pay (and our sister firm Prime Cap) to court segments of the market they might not otherwise have exposure to. As trade introducers this gives us everything we need to deliver extremely competitive rates of exchange to clients who would otherwise have no option but to use a retail currency exchange service.
Personal payment services is a hugely competitive and in fact rather diverse financial services niche. For that reason we know we won't be able to assist every client referred to us. Our very reputation depends entirely on us being known for providing impartial advice. We are remunerated by the institutions we have relationships with, but, if our client's needs are not met by those institutions then sometimes the best advice we can give is to recommend a different company or to confirm that an enquirer already has a solid and sensible way of exchanging their money.
All referred matters, briefs and introductions are assessed and addressed by a member of the
Prime Cap senior management team. We invite you to submit your enquiry below.
TRADING HOURS | TEL: 02034175781
MONDAY - FRIDAY: 07.30 - 18.30
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RESi Pay is a trading name of Prime Cap Payments Limited, a company registered in England and Wales No: 10755730. Registered address: 27 Old Gloucester Street, London, WC1N 3AX. Telephone: +44 (0)2034175781. RESi Pay's Payment and Foreign Currency Exchange Services are provided by The Currency Cloud Ltd who are regulated by the FCA as an e-money institution in Europe (FRN: 900199), by FinCEN in the US (NMLS ID: 1428924) and FinTrack in Canada.
Registered office: The Steward Building,12 Steward Street, London, E1 6FQ.