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Cross Currency Payments For Businesses

Streamline and automate international cross currency payments for increased flexibility and more convenience.

Cross Currency Payments For Businesses At A Glance

Cross Currency payments benefit businesses that receive and send funds in multiple foreign currencies.

 

  • Make outgoing payments in any of our 100 supported currencies (cross currency payments funds cannot be sent in local currency)1
  • Choose whether to send funds by wire transfer or draft
  • Choose the currency in which to pay fees
  • Receive incoming payments in any of our 50 supported currencies (cross currency payments cannot be received in local currency)1
  • Set and manage FX rates for automated currency conversion

Advantages For Businesses

Cross Currency payments benefit businesses that receive and send funds in foreign currencies. Business advantages include:

  • Reduces need to maintain multiple FX accounts with associated cost and reconciliation efforts
  • Improves working capital by eliminating idle FX balances without converting to local currency
  • Helps control exposure to exchange rate fluctuations by locking in FX rates ahead of payments
  • Gives flexibility over the timing and method of payments
  • Provides full payment history, audit trail and reporting

Membership Rewards® Program

  • Receive one Membership Rewards point for every $30 AUD in foreign currency payments you send internationally, up to a maximum of 10,000 points1 per transaction
  • A Membership Rewards program-enrolled American Express Card is required to take advantage of this offer.
  • Points can be redeemed for travel, shopping, dining, and entertainment rewards.

Tailored International Payment Solutions

For businesses with complex payments needs or large outgoing payments we have a range of tailored integration solutions. Please contact us to discuss which integrated payment solution is right for you.

  • File upload replaces the need to input multiple payments. Upload multiple transactions and integrate with your accounting software. For cross-currency payments, FX rates can be set for the whole batch.
  • SYNC is our integrated international payment service that can provide an automated and secure online solution, to help save your business time and money.

Make International Payments

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