FX & payment solutions for the construction sector
Transform the way you manage your construction business payments
Importing supplies or paying overseas workers are subject to exchange rates and can affect your cash flow if not managed effectively. Fexco provides FX and tailored payment solutions to businesses in the construction sector. Hardware companies, builders providers and associated businesses benefit from lower FX rates and fees on international transfers and mitigate risk caused by volatile exchange rates.View Product Sheet Get Started Watch Video
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Here's what our clients say...
“Any issues with international payments are quickly dealt with by Fexco who put a trace on the payment and pursue a resolution in the shortest possible time frame. They work closely with our own payables team and are flexible when it comes to identifying the best way to make an international payment.”
“The Fexco system has a validation tool that tells our staff if there is a problem with payment details. This means that we can spot incorrect bank details before it gets sent out. Also, if we need to make a payment that’s a bit tricky (for instance, a payment to a bank that doesn’t have a SWIFT number) we know that the customer services team in Fexco can get it done. Fexco is an important partner for us at DCU as we develop a more global reach.”
Why the construction sector chooses Fexco for overseas payment requirements
Reduces bank fees & paper handling
Fexco's online electronic payments processing capability reduces bank fees and cheque usage as a payment method. Moving to electronic payments also mitigates the risk of fraud, common in manual paper- based processes where cheque payments are common.
Improves supplier relationships
All of your suppliers will receive payment notification when a transfer has been initiated giving you and your partners visibility into the status of each transaction. Improved supplier relationships mean better purchasing opportunities, which could lead to choice projects for construction companies.
Bank beating fx rates & risk management
In today's volatile foreign exchange markets Fexco works harder to protect your business from exchange rate fluctuation. With superior customer support and dedicated account managers, we will create a risk management strategy to meet the specific requirement s of your business.
Integrated solution for high volume payments
If you make regular, high- volume overseas payments in multiple currencies, Fexco's automated solution eliminates manual processes that slow down the payment cycle. Make multiple payments regardles of payment type and currency from a single platform with our solution that integrates with most ERP and accounts systems.
Benefit from secure, reliable payments technology, supported by real people
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Safe, secure & compliant
As a regulated financial institution Fexco Corporate Payments uses robust client asset procedures to keep your funds protected.
In October 2016, Fexco Corporate Payments became the first Irish payments provider to achieve the esteemed ISO 27001 Certification.