International Services
We Live in a Global Economy
Your community’s local economy is expanding beyond city limits. There’s a good chance that your community’s largest employers and most profitable customers are doing business overseas. If they can’t conduct that business through your institution, you may be risking that customer relationship.
Deliver Customer Value Through Cross-Border Services
ICBB, in partnership with AscendantFX, provides community banks with online access to international payments providing them with the ability to attract higher value clients. Community Banks that utilize ICBB 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.
AscendantFX developed its International online platform to accommodate the specific needs of community banks, which include 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.
Services Available
- International Wire Out Transfers-US Dollar or International Currency
- International Wires 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)