The Bankers’ Bank, in partnership with Ascendant FX, provides Community Banks with online access to International payments providing them with the ability to attract higher value clients. Community Banks that utilize The Bankers’ Banks BBCONNECT full version system may access Ascendant’s International payment services seamlessly with the ability to send payments to more than 200 Foreign Countries in over 135 different International Currencies.
Ascendant FX developed its International online platform to accommodate the specific needs of Community Banks; which includes REG E disclosures, Real Time Exchange Rates, OFAC Scanning, Dodd Frank Reporting, and Payee Intelligence which prompts the user for country specific information during the creation of International Payments.
- International Wire Out Transfers-US Dollar or International Currency
- International Wire’s In via SWIFT
- Foreign Check Collection/Cash Letter
- Canadian Check Collection-US Dollars or Canadian/Cash Letters
- Foreign Currency Purchase & Redemption (excluding coin powered by CXI)