We are happy to announce that our sister company Xendpay will be launching both Czech (www.xendpay.cz) and Slovak (www.xendpay.sk) versions of Xendpay, both in local languages. 

We are happy to announce that our sister company Xendpay will be launching both Czech (www.xendpay.cz) and Slovak (www.xendpay.sk) versions of Xendpay, both in local languages. 

Transferring money to the Czech Republic and Slovakia can be complicated as there are not many Czech or Slovak banks that provide international transfer services and those that do charge their clients significant transfer fees, making these services an expensive and thus less appealing option.

As Xendpay from RationalFX has an affiliation with the Czech bank Uni Credit, customers looking to transfer money safely and securely to and from the Czech Republic and Slovakia can now do so nowin a way that is cheaper, quicker and simpler, using local bank transfers or via debit/credit card using the Xendpay.com platform.

Xendpay.com is available in most countries, including the Czech Republic and Slovakia, in 45 currencies, including Czech Koruna and euro, and now is available in 10 languages.

We believe that our Czech and Slovak websites will be warmly recieved by the growing number of emigrants and immigrants to and from the Czech Republic and Slovakia and will help to serve the needs of the countries’ estimated $3 billion remittance market.

With nearly 16 million residents in these countries, about half a million immigrants and a near 4 million Czech and Slovakian emigrants worldwide, this is just one of the many reasons why the Czech Republic and Slovakia are key growth markets. Despite the disintegration of Czechoslovakia in 1993, both countries maintained close relations, with Slovakia becoming the top emigration destination for Czechs and vice versa. Other popular emigration destinations for both nations include Germany, Austria, the UK, Italy, Ireland and Spain. 

As foreign trade turnover in both the Czech Republic and Slovakia is steadily growing and exports are now becoming the driving force of the countries’ economy, Xendpay’s new services will be extremely beneficial as it will be able to facilitate international payments between the two countries and their export partners, such as Germany, Poland and France. 

Jake Holloway, the Head of Xendpay.com says that “Xendpay.com is the world’s leading pure-play online money transfer service.  We are rolling out new languages and services almost every few weeks and we will not stop until we have covered the whole world. Our focus is low cost – and our market research tells us that this will appeal to Czech and Slovak migrants in Germany, UK and elsewhere.  Next month we will launch our sister service RationalFX for Czech and Slovak businesses.” 

Make a money transfer now on our Slovak website, or transfer money via the Czech version of Xendpay.