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How to avoid foreign transaction fees on cross-border card purchases

As businesses adapt to additional, post-Brexit requirements for UK/EU purchasing, Centtrip helps keep the payment part simple and cost-effective.

Businesses and individuals making cross-border EU/UK purchases are becoming familiar with extra paperwork, additional charges and unexpected delays. 

 By using the Centtrip prepaid, multi-currency Mastercard you can at least avoid the foreign transaction fees and unfavourable exchange rates levied by many card issuers. 

The Centtrip prepaid, multi-currency card

Typically, if you use your UK credit or debit card in, say, a euro-zone country, your card issuer will charge you a foreign transaction fee of around 3%. On top of that, exchange rates are frequently 3 percentage points off the market rate. That can mean a nasty shock when you get your card statement. 

The Centtrip prepaid, multi-currency Mastercard is different. You can preload it with the currencies you require. In fact, using the Centtrip mobile app, you can load your card instantly from your Centtrip account, so you need never pay a euro bill in pounds sterling. 

Each card can hold up to 15 different currencies to a total value of £350,000 per card*. So, if you are in Cannes, you can pay in euro. If you fly to Stockholm, you can pay in Swedish krona. And back home, you can convert everything back at transparent exchange rates. 

We also offer the highest transaction and balance limits on the market, so you’re always ready to respond to opportunities or challenges as they arise. 

What’s more, Centtrip gives you real-time reporting – on mobile app or desktop – so you can see what you or your team members have spent, wherever you or they are. 

For travelling teams – whether yacht crew, a touring opera company or a team of business consultants – you can have as many cards as you need. A recent film production used 100 cards for on-location crew. The Royal Opera had 300 cards for a two-week tour. 

More than just a card

From your Centtrip account, you can make domestic and international payments by SWIFT, SEPA or other local methods. You can even make payments or transfers free-of-charge across the Centtrip network.

We can help with currency strategy, too. 

And, we’re nice to talk to. Centtrip prides itself on excellent service provided by real people who understand your world and ours. So, if you need to move quickly to buy an international artwork, or if your headline star has lost her Centtrip card, we can help. 


* Higher cash withdrawal levels, card balances and transfer limits are available upon request subject to status.

Want to know more?

Post Brexit, post Covid, as the world and its money start to travel again, Centtrip can help. If you’d like to discuss how we can support you and your people, please get in touch.

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To open a Centtrip account or to get more information about our products and services, call us today on +44 (0)20 3735 1735 or complete the form below.

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