A client accounting platform has struck a partnership with high profile foreign exchange service Currencies Direct.

Lettspay commercial director Matt Gibbard says: “As a property agent, your landlords may need to make or receive overseas bank payments, for example to receive overseas rental income.

“Whether you’re transferring funds yourself or referring a landlord, Currencies Direct’s seamless integration with LettsPay can help.”

Lettspay says it overcomes the compliance issue of undesignated client accounts by creating individual accounts for landlords with their own sort codes and account numbers. 

All allocations to and from these accounts can be fully automated with payments approved before release.

Registered with the FCA, the Lettspay platform integrates with a number of CRMs.