Multi-Currency Payments

High straight-through processing (STP) rate with flexible fee structures

Consumers and businesses purchase goods and services all over the world. However, most of the time they prefer to pay in their own home currencies. To make this possible we offer processing services that support multi-currency payments in a wide range of currencies. Simply send us your clients’ payment instructions, and we will complete the necessary currency conversion and ensure the correct amount is paid into the selected international account.

We will also process incoming international payments for your clients, with or without currency conversion. In the event any payment falls out of the STP processing, our experienced operations staff will perform manual repair activities. Fully supported by our hotline, our foreign exchange payment service reduces transaction costs, and delivers a high-speed, low-risk service to clients.

Functionalities

High STP level enabled by flexible process flow and rule-based automated repair
Payment routing based on client-specific rules / parameters
Flexible set-up of charges and FX spreads, on e.g. product, client segment, client levels
Different FX procedures, depending on a payment amount or a client
Automated processing of OUR charges claims
Comprehensive cover-matching functionality
Manual repair by our experts following bank-specific rules

Value for our clients

Complete cross-border foreign payment processing service complying with applicable international standards and regulations
Reduce transaction costs and deliver high-speed, low-risk service to your clients
Remain flexible in your pricing strategy, making use of different fee structures and FX spreads
Benefit from efficiency delivered by high STP rates

White paper

Enabling innovation through payments platform transformation

In this whitepaper, we examine how a rapidly changing financial environment is urging banks to rethink their business strategies and back-end operations.

Download whitepaper

Contact our expert

Bruno Chataigner Product Marketing Manager

Bruno has been leading Regional and Global initiatives for 20+ years in both Banking and FinTech industries on Payments and Cash Management value propositions, located in various European countries. He’s currently responsible of the Back Office Processing Product suite for Banks and related, as part of the Business Process Outsourcing offering. Bruno holds a Master in Finance and MBA (with Distinction) from both ESSEC Business School and Mannheim Business School.

Contact Bruno

Bruno Chataigner

Product Marketing Manager

Are you looking for a software solution to manage your Multi-Currency Payments, rather than business process outsourcing?

Please visit our Payment & Liquidity Hub solution page.