Services The premise of our service is that our business and private clients can achieve more favourable rates of exchange by leveraging our relationships with FCA regulated non-bank payment institutions. Around this core we gently wrap a personalised plan devised to make it easier, quicker and cheaper to conduct currency exchange transactions. YOUR CURRENCY EXCHANGE When you are ready, your personal broker quotes you a 'live' rate of exchange and then invites you to settle your trade through your dedicated account held with one of our FCA-regulated e-money partners. Clients can transact via secure mobile or desk-top platforms hosted by our regulated partner. Alternatively, you can transact direct with your broker by phone or email. All online and verbally provided rates of exchange and settlement terms are bespoke and specifically tailored to you. Get In Touch TAILORED PAYMENT STRATEGY Increasingly, our clients are familiar with a cross-section of non-bank currency service providers and processes. Clients are aware of the more competitive margins and speedier execution baked in to the sector. We are therefore driven to offer a multi-dimensional yet thoughtful and personalised service. ​ We value collaboration and work closely with our professional services and regulated peers in the UK and overseas to ensure seamless synergy between critical transaction requirements and the nuances of client preference. Get In Touch Prime Cap works with a diverse portfolio of clients with a range of requirements. Every brief is different and we make sure we fully understand your objectives before we suggest a personalised solution. Our telephone number is +44 (0) 203 417 5781. Latest Case Studies West End Pied à Terre Time poor and price sensitive, we assist an overseas client in securing an apartment for his daughter. Read Case Study Vivre La France A precise buying timeline and finite budget, how crucial are timing and strategy when buying abroad? Read Case Study The Cost of an Education Buy when the rate is with you; release funds when the deadline looms. Can you rely on your broker to execute both? Read Case Study View All

Overseas buyers and the SDLT surcharge Case Study: Overseas buyers and the SDLT surcharge Generally speaking, when offering quotes to our private clients Prime Cap Payments marks up the wholesale rate of exchange we receive from the FCA regulated market-makers with whom our clients register by between 0.1 and 0.25%. Retail banks 'bake-in' their fee to their rate of exchange, but, customers have no come-back to the rate a bank quotes over platforms like internet-banking or via telephone and so customers are often forced into a take it or leave it dilemma. The mark-up we incorporate in to our quote does vary depending on the contract type, the amount of currency a client is exchanging and number of other bespoke features woven into the service we deliver. With the SDLT surcharge for overseas buyers sitting at a sizeable 3%, anything that a specialist company like us can give back to the client in a more competitive rate of exchange tends to be gratefully received - but, we have noticed is that few individuals, high-net-worth or otherwise, or/and their advisers are familiar with alternatives to the traditional banking currency exchange model. Would-be clients are unaware they can potentially save themselves up to that 3% when they convert their capital into to GBP Sterling. We work with the clients of a lot of solicitors and property professionals, but, the margin by which rates of exchange can be improved for clients tends not to be given much weight. Whenever we are introduced to a potential client we suggest that they conduct a rate comparison. Rates of exchange move up to 52 times a minute and so it can be hard to accurately compare a rate of exchange published in the morning with a rate published at lunch time, for instance. Therefore we suggest clients ask their bank directly for an indication as to the rate of exchange they could expect were they to exchange £x or €y and then call or email us soon after. In the most extreme of cases we have known banks to apply fees that reflect what is called the 'tourist rate'. The tourist rate is generally used to calculate cash or bank not bureau de change services and can see a rate inflated by as much as 5%. The most significant saving we have delivered a client on a vanilla, property-related transaction, was 2.74% (a saving for our client of nearly $120,000). Our client banked with Wells Fargo and had already exchanged a significant number of dollars prior to our inclusion in the process. Not only were we able to compare against the initial rate the client received, but, we quoted directly against a real-time quotation offered to the client by their personal banker on the day of the exchange. This is how we can be sure of the significant improvement/saving achieved. Transaction Amount: £4,200,000 Transaction Type: Property Purchase Currency Destination: London, UK Prime Cap Saving: 2.74% < Previous Case Study Back to Case Studies Next Case Study >

Renting in Edinburgh Case Study: Renting in Edinburgh The cost of a currency exchange is usually determined in one of two ways. Either the client has a specific currency amount and wants or needs to realise as much as possible in the currency they wish to 'buy', or, a client needs to purchase a specific currency amount and the rate of exchange is what dictates the cost of buying that sum. When you have a monthly or ongoing currency exchange requirement, it is wise to reflect on which of the two scenarios matches your need to exchange currency. Our client charges us with buying the GBP Sterling amount they need, monthly. On the same day every month our client receives a confirmation from us, which tells them the rate of exchange we were able to achieve when we bought for them. In the same confirmation we invite the client to send us the appropriate base currency amount. Because of the way this process is structured, the amount of money our client sends us varies each month...but they don't mind. On average, over the past 23 months, we have improved the client's rate of exchange (and therefore saved them) over 2.5%. We include the cost associated with sending a payment - a cost which their bank charges them separately - into the rate at which we exchange/buy their currency. All they need to do is send us the amount needed to settle the transaction. Transaction Amount: £4,370pcm Transaction Type: Rental Payments Currency Destination: Scotland Prime Cap Saving: 2.74% < Previous Case Study Back to Case Studies Next Case Study >

Contact Us Prime Cap Payments Ltd. is registered with the ICO. Organisation number: 10755730 Email and telephone enquiries are handled in strict and total confidence and personal information is treated in keeping with General Data Protection Regulation (GDPR). Trading Hours Monday - Friday: 07.30 - 18.30 Online: 24hr Login ​ Telephone: +44 (0)203 417 5781 Submit Your message has been submitted and we will be in touch shortly.

Live Rates We ask all our online visitors, client or no, to remember that what you see published (here, or on any other 'live' site) is not the rate of exchange you will receive when you proceed to convert your currency. ​ For an actual tailored quote, we invite you to call us directly on +44(0)203 4175781.

Case Studies We develop close relationships with our clients. Our brokers bring currency and payments expertise as well as a practical perspective to the most complex transactions. Take a look at just some of our work. West End Pied à Terre Time poor and price sensitive, we assist an overseas client in securing an apartment for his daughter. Read Case Study The Cost of an Education Buy when the rate is with you; release funds when the deadline looms. Can you rely on your broker to execute both? Read Case Study Vivre La France A precise buying timeline and finite budget, how crucial are timing and strategy when buying abroad? Read Case Study Overseas buyers and the SDLT surcharge Claw back associated costs through simple improvements to your rate of exchange. Read Case Study 1 2 1 ... 1 2 ... 2

PERSONALISED GUIDANCE AND A UNIQUE APPROACH Currency & Payment Services Prime Cap offers both private and corporate clients access to transaction settlement terms, rates of exchange and payment tools tailored to their domestic and international currency dealings. We are referred and relied on to provide simple, clear and personalised guidance before, during and after currency exchanges primarily associated with property transactions. Learn More View Services PROPERTY RELATED FX Whatever your objectives, by working hard to understand the key elements of your transaction, our personal broking team can ensure you benefit from strategic currency planning as well as razor-sharp rates of exchange. Compelling rates and precise payment schedules mean lower costs and a clear timeline on which you, your stakeholders and your advisors can depend. Read More WORLDWIDE LIQUIDITY With a client base comprised predominantly of affluent, sub and high-net-worth individuals, we specialise in making sure our clients are prepared, primed and ready to act in response to movements in the currency and capital markets. Our work is about providing bespoke, top-level guidance that fits in with your lifestyle and priorities, at home and abroad. Read More Learn More An overseas buyer and stung by the SDLT surcharge? Yes, we can help. Read More PRIME CAP Are we the right broker for you? A broker is a business like Prime Cap that sits between you and a regulated financial institution and arranges, negotiates or 'brokers' the sale and exchange of the currency you hold. We make sure the rate of exchange you can access is live, can be booked in real-time and is appropriate for your needs. ​ Prime Cap does not hold client money. Our role is to negotiate the rate of exchange our clients can use and to then guide them through the process of settling and completing a transaction; this is a service we have been providing for nearly 15 years. Read More Reviews "Working with an independent specialist like Jamie on FX made the most sense to me. Moving a larger amount allowed him to offer a far more appealing rate than others, the process was swift and seamless and his professionalism ensured the whole experience was easy and without stress. I'd happily recommend Prime Cap for your FX needs." ​ Andrew Jackson | Private Client | Sydney, Australia RECENT BLOG POSTS The latest insights, views and industry developments from Prime Cap focusing on private client foreign exchange, corporate transaction services and international payment strategy. 5 currencies you'd expect to be able to deal with, but can't. We'll begin by saying that in light of market changes in the coming months and years this post may be out of date almost as soon as it is... Private Client FX Broker of the Year 2020. AI Worldwide Finance Awards recognises the companies, and individuals, within the finance industry who have shown excellence and... How long does it take to complete a transaction? Once your money has arrived with the authorised payment institution chosen to facilitate your transaction, the speed with which currency... VIEW ALL STAY UP TO DATE WITH THE LATEST NEWS JOIN Thanks for joining.

When Sourcing from Abroad Case Study: When Sourcing from Abroad Many UK businesses source products and services from overseas which results in invoices denominated in currencies other than GBP Sterling. In instances such as this, payment of the invoice involves the buying of the currency in which the invoice is issued and, unless thorough in researching a competitive provider for currency exchange services, many UK businesses fall back on the tools offered by their banks. It is perfectly true to say that different banking institutions charge different fees for international payments and currency exchange services. Generally speaking, a customer has zero discretion over the rate applied to their currency exchange. This presents Prime Cap with an opportunity to identify a margin of improvement and consistently undercut our peers in the banking space. Our client imports fabrics for furniture. Their average transactions amount is between £15,000 and £30,000 on a bi-monthly basis. We charge our client 0.5% which we incorporate into the rate of exchange we present to them through a white-labelled transaction platform backed by our FCA regulated market-markets. Confident that our fee will not change, our client is happy to push their currency exchange activities through us because of the additional oversight and insight we offer, as well as the half a percent saving we offer compare with their bank. Whilst 0.5% may not seem like a sizeable saving, our client is extremely happy with the £2000 saved each year. Transaction Amount: $21,300 avg. Transaction Type: Payment of invoice Currency Destination: UK Prime Cap Saving: £75 < Previous Case Study Back to Case Studies Next Case Study >

About Since 2017 we have been trusted brokers to private clients and businesses with complex currency needs, in good times and in bad. We offer a narrow range of specialist currency and international payment services primarily linked to property-related transactions. Buying, selling or developing property in the UK or overseas, it pays to have a currency specialist on your side - currency brokers who can help you navigate the complexities and clearly guide you forward. Solutions, both tailored and complete. Prime Cap was incorporated in May, 2017. It has evolved and grown over the years and today offers both private and business foreign currency exchange and international payment services, completely tailored to you. ​ At Prime Cap, relationships are more than everything; they motivate our people and define our approach. Through our process-knowledge, understanding of the currency markets and the trust placed in us by our clients and intermediaries, we help you refine and improve the way you move and exchange your money. ​ Having the right expertise on hand to minimise and manage risk, while operating on the tightest FX margins, relies on a dynamic, personal approach – a tailored service that connects you directly to the currency markets. ​ In recognition of our exceptional service, we are the proud winner of the Worldwide Finance Awards “Private Client FX Broker of the Year” 2022. Property Whether buying, selling, renting or managing real-estate assets, our highly experienced and discreet team of brokers are at your beck and call to guide, assess and instruct. ​ Read More As your personal currency brokers, we select the most jurisdictionally appropriate regulated provider for your transaction and then walk you step-by-step through the exchange rate quoting, transaction booking, and deal settlement processes - an approach that is specifically designed to optimise value. Earnings Living, working, studying or earning in a different country to your asset base? Read More Whether for day-to-day personal liquidity, or simply repatriating funds held in a foreign currency, put simply, our services ensure you retain more of your money. ​ The personal payments market is constantly evolving, so, we make sure to give you guidance appropriate to your objectives even if we are not the best way of achieving them. This may mean impartially suggesting other providers for things like smaller exchanges or bureau de change. Business Prime Cap serves as the preferred currency broker to a number of UK and overseas businesses operating both within and outside the residential property sector. Read More The extremely competitive rates of exchange we can secure for all our clients are just as valuable for corporate currency payments as they are for personal ones; we invite you to contact us if you would like to learn more. Prime Cap works with a diverse portfolio of clients with a range of requirements. Every brief is different and we make sure we fully understand your objectives before we suggest a personalised solution. Our telephone number is +44 (0) 203 417 5781. STAY UP TO DATE WITH THE LATEST NEWS JOIN Thanks for joining.

Vivre La France Case Study: Vivre La France When pitted against a retail banking institution the leverage we can exert on our market-makers all but guarantees a saving for our client, but, not every clients banks with a retail financial institution. This means that we are not always challenged to undercut a less than competitive retail margin. A number of our clients engage us, or are introduced to us, because we can be precise to the minute with the releasing of money to our client's nominated beneficiary. This is particularly useful when dealing with the the more rigid property buying processes of countries like France because French notaires can be sticklers for diligence, allowing sufficient time and preparation on the part of the purchaser. Our client sought to use us for the transmission of euros to the notaire charged with dealing with their purchase on the Côte d'Azur. We were engaged after the initial 10% deposit had been sent. Such is the flexibility with which can operate, our client was prepared to leave his exchange until the day before his completion was scheduled, because he was confident we could have the notaire's account credited in time for his, the client's, in person arrival at the contract signing. This matter relied less on the saving we could afford the client, although a £26,000 hair-cut was welcome, and more on the additional time our clearing processes gave the client. He wanted to see what would happen with the rate of exchange and our involvement in the purchase meant he could. Transaction Amount: €4,000,000 Transaction Type: Property Purchase Currency Destination: France Prime Cap Saving: £26,000 < Previous Case Study Back to Case Studies Next Case Study >

The Cost of an Education Case Study: The Cost of an Education Our client is a German national living in London. We were first introduced via his solicitor when he purchased his house in the UK. Two of our client's children are educated privately in the UK. Although our initial brief was to provide a compelling rate of exchange for the house purchase, right before the 2019 election, we have since been engaged to conduct exchanges and payment relating to the payment of tuition fees. Our client banks privately with Deutsche. This is relevant only because our client no longer compares our rates to Deutsche, feeling sufficiently confident that our prices will under cut theirs. We receive a euro sum somewhat regularly and, in consultation with the client, exchange in to GBP Sterling when the client feels the rate is optimal (or if the payment deadline for the particular school looms). If the markets move in our client's favour before the payment deadline then we simply hold the GBP for the client, in their personal segregated account, until we receive the instruction to settle the school's invoice. Again, we are our client's preferred exchange mechanism not because we offer a better rate of exchange (although we do, as standard) but, because of the flexibility and speed with which we can respond to changes in the currency markets. This is the added value that the private banking team at Deutsche (and many others) aren't necessarily built to provide. Transaction Amount: £12,000 per term Transaction Type: Tuition Currency Destination: Home Counties, UK Prime Cap Saving: 0.89% < Previous Case Study Back to Case Studies Next Case Study >

West End Pied à Terre Case Study: West End Pied à Terre When you are exchanging currency to buy a property, unless you are yet to have an offer accepted, you need to make sure your funds are liquid, in the case of UK property, before you exchange contracts. Our client was introduced to us by his property search agent. Commissioned to find a suitable apartment for our client's daughter, the agent thought to incorporate Prime Cap into the process because they knew we could improve the rate of exchange and ensure the somewhat rigid schedule for payments was met. The client already had their funds in the UK banking system, but, they were denominated in US Dollar not GBP Sterling. Simply by identifying and undercutting the rate of exchange offered to the client by their bank, we ensured the client spent $69,419.72 fewer. Using a tailored forward buying contract we were able to ensure that the client benefited from the same rate for the conversion of a 10% deposit payable on 'exchange of contracts' (often a mandatory requirement when buying at UK property) as was available for their completion payment some weeks later. Opting to use a forward contract meant the client could be sure their USD costs would not rise even if GBP were to appreciate in value. The client's conveyancing solicitor was also known to us and so, with the client's permission, we liaised with their legal team to update them as to the progress of funds and clearance times, thereby ensuring all parties were informed appropriately and critical deadlines were met. Transaction Amount: £2,800,000 Transaction Type: Property Purchase Currency Destination: London, UK Prime Cap Saving: $69,419.72 < Previous Case Study Back to Case Studies Next Case Study >