Moneycorp Powered by Tempus Enters US Market

The foreign exchange and international payments provider known as  moneycorp, is collaboratting with Tempus, Inc. – a Washington DC-based provider of corporate foreign exchange and international payments – to launch moneycorp Powered ByTempus in the US.

The new proposals provides US customers access to an international network for global currency trading and payments, promoted by new technology and strengthened processing efficiencies for consumer foreign exchange and payments in the US. moneycorp Powered By Tempus hopes to put currency payment control firmly in the consumer’s hands to meet their cross currency needs, including purchasing international real estate, paying for expatriate living expenses and living a global lifestyle.

“Americans are buying property and businesses around the world. They are sending their children to colleges from China to London and traveling far and wide, looking to live within the communities they are exploring. With moneycorp Powered By Tempus, they now have a way to quickly and with improved timing, control and buy other currencies at an excellent value.“

Kelly Cutchin, Country Manager USA

A survey carried out by Global Investor Intentions recently indicates planned spending in the global real estate market in 2016 will top $1.16 trillion, a 3% increase over 2015 levels in local currency terms. Many people nearing retirement in the US are exploring options of warmer climates, and in some countries reduced living expenses. These expatriates have a variety of ongoing funding needs from living expenses to travel funds to medical expenses, creating a greater need to convert US Dollars to other currencies securely, quickly and transparently.

Kelly Cutchin,stated:“Americans are buying property and businesses around the world. They are sending their children to colleges from China to London and traveling far and wide, looking to live within the communities they are exploring. With moneycorp Powered By Tempus, they now have a way to quickly and with improved timing, control and buy other currencies at an excellent value.”

“The next five years will see a growth of global mobility in people and funds,” contributed David Carrithers, Consumer General Manager at moneycorp Powered By Tempus. “The old model of a local in-country bank as a consumer’s only point of support on currency conversion and payment has shifted. Now specialty providers of services that go deep and are targeted on a specific financial need, like moneycorp, are providing competitive services.”

Moneycorp has an extensive global affiliate network, supplying partners with International Payment services, which they offer on to their customers. From Real Estate Agents to Law Firms, moneycorp serves some of the largest brands in the UK including The Daily Telegraph, The Daily Mail and the Post Office, and recently signed a deal with media giant CNN.