Money Corp launches virtual account international payment solution for corporates
by Kylene Casanova
The key to cutting the cost of international payment is to make them locally. Exhibiting at the ACT Conference in Glasgow Money Corp were presenting their fully integrated FX and payment service which uses virtual accounts within the Money Corp bank account to enable companies to make payment locally. This service is used by travel operators to make their accounts payable payment and treasury payments world-wide at much lower cost than many other services. MoneyCorp are now bringing the service to the whole corporate market.
Range of services
The range of services is shown by the screen shot below:
Source & Copyright©2014 - MoneyCorp
MoneyCorp integrate their service with user’s internal systems to ensure ease of use as this figure shows:
Source & Copyright©2014 - MoneyCorp
Depth of liquidity
The above chart also shows the depth of FX liquidity supporting the MoneyCorp FX and payment service.
Like this item? Get our Weekly Update newsletter. Subscribe today