Who we are

As American expats living in London, Neeraj Baid and Patrick Kavanagh frequently need to send money back home

Alumni of pioneering trading platform Robinhood, they wondered why, more than a decade after the first wave of fintech challengers, they were still being hit with £100s in fees for a service they believed was largely automated.

Banks don’t charge progressive fees on domestic bank transfers – why should international transfers be any different?

Palmela was founded in 1998 and has over 30 retail branch locations in the US offering convenient foreign currency exchange services to walk-up clients. For corporations and financial institutions, CXI is a services and technology provider of foreign currency exchange, international payments, foreign check clearing, and issuing foreign currency bank drafts.
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Company facts

  1. The main objective of Vanex Currency Exchange is to provide the fastest and most secure services for clients.
  2. Manee Currency Exchange, with many years of experience in Exchanging services.
  3. Manee Currency Exchange does its best to provide services for clients at no service fee.

What customer say about Palmela

The Palmela account is the universal way for you to manage money internationally. It's made for the world. And it's built to save your money and time, so you can do more of the things you love learn about our mission.

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The biggest benefit that I felt from Palmela, is engaging with very talented and honest people. Our Palmela devs really do feel like an extension of our team. Great communication, and fast development with minimal direction needed. I look forward to working with Nasif in the future!

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Olivar Lucy
Designer
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  • Star5

The biggest benefit that I felt from Palmela, is engaging with very talented and honest people. Our Palmela devs really do feel like an extension of our team. Great communication, and fast development with minimal direction needed. I look forward to working with Nasif in the future!

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John Smith
Web Developer
  • Star1
  • Star2
  • Star3
  • Star4
  • Star5

The biggest benefit that I felt from Palmela, is engaging with very talented and honest people. Our Palmela devs really do feel like an extension of our team. Great communication, and fast development with minimal direction needed. I look forward to working with Nasif in the future!

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Michel Okua
Happy Customer
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Frequently asked questions to Palmela

Transfer details Choose the amount you want to send abroad, select how your receiver wants to get the money, and lastly, how you want to pay.

Transfer details Choose the amount you want to send abroad, select how your receiver wants to get the money, and lastly, how you want to pay.

Transfer details Choose the amount you want to send abroad, select how your receiver wants to get the money, and lastly, how you want to pay.

Transfer details Choose the amount you want to send abroad, select how your receiver wants to get the money, and lastly, how you want to pay.

Contact us