International Payments STP
CXIFX
CXI offers a faster payment and transparent wire processing environment with SWIFT Global Payment Innovation providing access to send payments to more than 200 countries. CXI's client-centric services mean Financial Institutions have full visibility on a competitive yet transparent and tailored services scope and cost model, supported by industry leading standards and proactive relationship services.
With the evolution of technologies that enable fast international payments like SWIFT GPI, customers expect quick and transparent international payment processing. For Financial Institutions, it means automating the entire processing chain from receiving the instruction, via Forex Exchange (FX), and sending, to confirmation. There is also a competition on cost and transparency. Customers want visibility on charges and a support to outsourced FX services is becoming critical as some vendors are very demanding with AML/BSA (Bank Secrecy Act) requests.
Streamline International Services
Traditional, partly automated processing results in international payments take more than 2 days to arrive to beneficiaries and often include manual processing, tracking and exception handling. International Payments STP automate all FX processes into your current operations allowing tracking and a less than 30 min delivery.
Transparent yet tailored model
Tailor your FX service with solutions designed to fit your needs, including ancillary services like check scanning & FX exchange. CXI flat fee margin charge is transparent and negotiated with CXI based on service scope.
Unparalleled Customer Service
Maximize what your Financial Institution can get out of your FX services with dedicated account managers, cutting-edge technologies and personalized support highly rated by clients.
General information
How it works
One Platform
The most comprehensive foreign exchange solution for banks and credit unions.Services Model
The GPP product is deployed through Finastra, CXI will hook into FGPP through the Fusion APIs to provide rates and receive transaction details and instructions.Access
CXI can also provide direct access to its web-portal for post-transaction tickets, tracking and reporting if needed.Reporting
Customized reporting and distribution capabilities to comply with the FI’s current BSA/AML reporting policies.Limited Customer Service
Enhanced due diligence may be needed depending on the wire.Implementation services / integration
CXI will onboard each FI prior to implementing the workflow and services.
How it looks
Bringing Latest Concepts To Your Financial Institution
Variety of international services available through one single, easy to use application. Show lessCXIFX+SWIFT gpi
CXI offers a faster payment and transparent wire processing environment with SWIFT GPI providing access to send payments. Show lessOnline Portal
CXI can also provide direct access to its web-portal for post-transaction tickets, tracking and reporting. Show lessSWIFT GPI Tracking:
Transparent wire processing environment with SWIFT GPI, providing access to send payments to more than 200 countries. Show lessChecks
FX service with solutions designed to fit the needs, including ancillary services like check scanning & FX exchange. Show less
Bringing Latest Concepts To Your Financial Institution
Variety of international services available through one single, easy to use application. Resources
