Reduce the cost of cross-border payment processing with a centralized payment engine. Use business rules to route cross-border payments to the local domestic payments system to streamline payment processing.
Cross border payments can be handled using SWIFT and/or International ACH
This module supports MT and MX messages for customer and bank transfers, including requests for transfer, direct debits, statements and advices. It handles the conversion and processing of SWIFT messages needed to process cross-border payments, providing serial and cover messages for correspondent banks and performing clearing and settlement for SWIFT payment messages.
International ACH Transaction ( IAT)
With this module you can route payments for International ACH using IAT-specific SEC codes; capture multiple addenda records for IAT transactions; and perform clearing and settlement for IAT specific transactions.
"Save Processing Costs on Cross-Border Payments with a Centralized Payments Engine"
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