Finseta Payments UAE provides international payment and foreign exchange services to businesses, including SMEs, importers and exporters.
Its services include international payments across more than 140 currencies, competitive foreign exchange rates, spot and forward contracts, and multi-currency accounts.
Spot contracts allow businesses to exchange currencies at current market rates, while forward contracts can help manage exposure to future exchange rate movements.
Multi-currency accounts allow businesses to receive and hold funds in different currencies, potentially reducing unnecessary conversions where supported. Finseta also supports payment networks including SEPA, CHAPS, FPS and CIPS, subject to service and currency availability.
The services are designed to help businesses manage overseas supplier payments, international collections, currency exposure and cash flow.
Finseta Plc (LON:FIN), formerly Cornerstone FS PLC, is a United Kingdom-based foreignexchange and payments company offering multi-currency accounts and payment solutions to businesses and individuals through its global payments network.
