We Live in a Global Economy
Your community’s local economy is expanding beyond city limits. There’s a good chancethat your community’s largest employers and most profitable customers are doingbusiness overseas. If they can’t conduct that business through your institution, you maybe risking that customer relationship.
Deliver Customer Value Through Cross-Border Services
ICBB, in partnership with AscendantFX, provides Community Banks with online access toInternational payments providing them with the ability to attract higher value clients.Community Banks that utilize ICBB BBCONNECT full version system may accessAscendant’s International payment services seamlessly with the ability to send paymentsto more than 200 Foreign Countries in over 135 different International Currencies.
AscendantFX developed its International online platform to accommodate the specificneeds of Community Banks; which includes REG E disclosures, Real Time Exchange Rates,OFAC Scanning, Dodd Frank Reporting, and Payee Intelligence which prompts the user forcountry specific information during the creation of International Payments.
- 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)