Regulated by HMRC as a money services business, CEL Transact specialises in building bespoke solutions for global customers via its products, Clearing House and Uni-Pay. It provides international payment and collection services to over 2500 customers from 130 countries. The business deals in 28 different currencies and manages over $400 million in transactions every year.
CEL Transact uses a global network of secure and stable banking partners, led by HSBC, and utilises its leading-edge technology platform to deliver services through its two products.
Uni-Pay enables international students to pay their course fees in their local currencies, using their local banking systems. This delivers tangible and material cost savings for them, together with providing ultimate transparency and control to their education providers.
Clearing House is an online business-to-business global payments solution which allows its customers to trade globally, but settle accounts in their local currency, simply and cost effectively. It is used by international organisations including student and youth travel companies, language schools, agents and international membership associations.