Simplify processes by making paper-based and electronic domestic and international payments quickly and easily. Using our global payables solutions, you will be able to manage expenses and payments more effectively, while also minimising your exposure to payment fraud. Reconciliation is also faster, which can help further streamline payments management.
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Our global payable solutions
Account reconciliation services
Simplify reconciliation of outgoing payments and outstanding receivables to identify exceptions quickly by systematically matching your account balances against transactions.
Gain control over cashflow by scheduling exactly when you want payments to be made.
Reduce the time and expense of processing paper cheques using electronic payment solutions to make fast, secure and cost-effective payments around the world.
Prevent fraud by comparing cheques presented for payment against issuance data, ensuring that cheque number and dollar amounts match exactly.
Save time and resources by centralising the processing, printing and mailing of all your out-going paper cheques regardless of currency.
Reduce the number of foreign currency accounts you need to hold by making cross-border payments in multiple currencies from a single operating account.
Adopted in 2007 and implemented in 2009, the Payment Services Directive (PSD1) aimed to create a single market for payments in the European Union, as well as provide a foundation for the Single Euro Payments Area (SEPA).
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