International Payments - International Direct Deposit

International direct deposit is a money-saving way to pay affiliates, employees, distributors, vendors, suppliers, or customers quickly and easily. Innovative technology transforms international payments into low-cost “in country” transactions.

Old Ways Expensive and Not Effective

The old methods of disbursing payments internationally do not work well for modern companies doing business in the global marketplace.

Wire transfers are expensive for both for the sender and the receiver, and audit trails are difficult to manage. Paper checks are costly to issue, difficult to track, expensive to cash, and take a long time to clear. International pre-paid card programs are expensive, difficult to implement and burdened by restrictive anti- money laundering banking regulations.

International Direct Deposit Simple, Fast and Easy

Companies now have a highly efficient and effective method to sending international payments. Dispersing international payments is as easy as issuing in-country direct deposits. Funds are sent directly to the recipient’s in the desired currency. Deposits are quickly received and transaction fees are low.

Our unique international payment processing platform turns international deposits into local payments. Companies upload a file to a secure site or use the internet portal to provide information on the recipients and amount of the payments.

The system uses proprietary software to constantly poll all accounts for incoming and outgoing payments. Transactions are immediately recognized and transmitted resulting in fast credit reflection with quick transaction completion times.

The platform is accessed through a secure, easy-to-use online administrative interface. Companies can view, print, or download management reports, payment processing data, and transaction history in a variety of formats. Transaction data can be imported and exported to and from in-house accounting systems.

Benefits

• Save Money. International direct deposit eliminates costly fees associated with wire-transfers or issuing paper checks. International payments are processed as low-cost local bank transfers.
• Speed - Transactions are completed efficiently and quickly.
• Centralized Management. Eliminate the need to establish and maintain bank accounts in multiple counties. Control and manage all transactions and currencies from a single log-in.

Best Solution for International Direct Deposit

Every member of our team is devoted to your complete satisfaction. You receive personalized and dedicated service from experienced professionals. Secure, reliable, and safe payment processing accounts are guaranteed to benefit your business. Confidentiality, privacy, and the utmost discretion are assured.

Case Summaries

• Direct Sales Organization with 10,000 international distributors. The company was sending wire transfers to pay distributors. By replacing wire transfers with international direct deposit, the company saved company 70% in transaction fees.

• Affiliate Marketing Company with 1500 international payments each month. This company was issuing paper checks. Lost and stolen checks were a problem and staff was spending days tracking down checks. Affiliates receiving checks had difficulty cashing the checks locally. With international direct deposit, funds are deposited directly into the affiliate’s accounts. There are no more lost or stolen checks to worry about. Affiliates receive funds in local currency, eliminating currency conversion fees.

• International Employee Leasing Firm. The firm supplies skilled service workers to companies located in Europe, South America, Africa and the Middle-East. The firm was using a combination of wire transfers and paper checks and management of payroll was complex and time-consuming. The firm replaced both wire transfers and paper checks with international direct deposit. The firm estimates it saved $2000 per month in administrative costs alone simply by switching to international direct deposit.