The Centtrip prepaid MasterCard can currently hold up to 14 currencies and has an e-money account or goes via a bespoke smartphone app.
The relationship with Federation of European Independent Financial Advisers (FEIFA) members will be managed by co-founder of Centtrip Brian Jamieson, who will facilitate currencies bought and sold at live market rates across more than 34 million locations and ATMs worldwide.
Jamieson said Centtrip’s fees are “transparent, fair and fixed, meaning there are no hidden surprises”, set at just 0.5% of the account load.
The card is currently licensed and available to individuals and companies throughout the UK and Europe. It is FCA regulated and all customer funds are held in Barclays Client Trust Accounts in the UK.
FEIFA chief executive Paul Stanfield said: “This may be a service that our members wish to utilise for themselves, their colleagues or, most importantly, their clients. I myself recently obtained one of these cards and have so far found it extremely useful when travelling around Europe.”
