Overview
Caxton, at a glance.
Caxton is an e-money institution headquartered in the United Kingdom, regulated by Financial Conduct Authority. Pricing is agreed with each client. Opening an account takes 3–5 days.
Caxton is not a bank. Electronic money is not covered by the Financial Services Compensation Scheme; the funds are held in segregated bank accounts separate from Caxton's own money.
Why businesses pick Caxton
- An FCA-authorised e-money institution that also runs FX and currency-risk services
- Payments in 28+ currencies and company prepaid Mastercards in 15 currencies
- Dedicated account managers and market commentary
- Trustpilot score of 4.8 from more than 6,700 reviews
Watch out for
- Prices are set in a Fee Agreement and are not published
- Eligibility, company types and prohibited industries are not published
- Cardholders must be UK residents aged 18 or over
- Sales-led onboarding rather than instant sign-up
Business fit
Will Caxton accept your business?
Four quick answers. Where your company is registered and what it does rule a provider in or out faster than anything else.
Based on Caxton's published rules
Needs review
Caxton works with Import and export, but does not publish the countries it accepts companies from.
Caxton does not publish a minimum company age or turnover, so those two answers are not checked here.
This is one provider. Your profile checks all of them.
- Every provider that fits your business
- The reason behind each match
- Company age and turnover checked too
Who it works with
Accepted and not accepted.
What Caxton publishes about the businesses it takes on.
Who Caxton serves
- Import and export
- Professional services
- E-commerce
Not supported
Industries and countries Caxton does not accept, from its own published lists.
Industries
- Not published
Countries
- Not published
Coverage
Where can you use Caxton?
Coverage is a starting point. It does not confirm that every business in these markets is eligible.
Supported currencies
28+ currencies
The business prepaid card holds 15 currencies: GBP, EUR, USD, AUD, CAD, NZD, HKD, CHF, JPY, DKK, ZAR, PLN, SEK, NOK and HUF.
Payment reach
Not published
Who can apply
Company incorporation countries
Not publishedOwner nationality
Not publishedOwner residency
Not publishedCompany types
Not publishedPricing
What does Caxton cost?
Look beyond the monthly fee. Your total cost depends on how many transfers you make, where they go and how much you convert.
Account cost
Opening fee
Not published
Monthly fee
Not published
Fee Agreement
Custom
Transaction fees
| Cost | Listed amount | How it is charged |
|---|---|---|
| Outgoing | ||
| Faster Payments (GBP) | Not published | |
| SWIFT / international | Not published | |
Other fees
Currency exchange (FX)
| Cost | Listed amount | How it is charged |
|---|---|---|
| FX markup | Not published |
Onboarding
From application to live account.
Opening an account typically takes three to five business days.
- 1
Apply
Start the application online or through the sales team.
- 2
Company and people
Give the company's registration details, directors and owners.
- 3
Checks
Upload the documents requested and complete identity verification.
- 4
Account live
Once approved, the account is opened and you receive its details.
Documents you need
Not published
FAQ
Your questions, answered.
Is Caxton a bank?
No. Caxton Payments Limited is an e-money institution authorised by the FCA, reference 900663, company number 04610337. Electronic money is not covered by the FSCS; funds are held in segregated bank accounts.
How much does Caxton cost?
Fees are set in a Fee Agreement agreed with each customer and are not published.
Which currencies does Caxton support?
Payments in 28+ currencies. The business prepaid Mastercard holds 15: GBP, EUR, USD, AUD, CAD, NZD, HKD, CHF, JPY, DKK, ZAR, PLN, SEK, NOK and HUF.
Who can use the Caxton business card?
Cardholders must be at least 18 and UK residents and approved by the company's authorised administrator. The card is issued by PSI-Pay Limited under licence from Mastercard.
Alternatives
How Caxton compares.
If Caxton is not the right fit, these providers work with similar businesses. Compare their listed licences and services below.
| Provider | Licensed in | Known for |
|---|---|---|
 CaxtonThis pageE-money institution |  | FX and paymentsPrepaid cards |
 EburyE-money institution |  | FX and hedgingInternational trade |
 Equals MoneyPayment institution | | Multi-currency IBANExpense cards |
 OFXE-money institution |   | 34 currenciesFX specialist |
 Wise BusinessE-money institution | | Low FX costsStandard businesses |
Not sure which one fits? Your profile ranks them for your business, with the reason behind each.