The inexpensive option of Global ACH Payments, with forex conversion on those payments, not only helps save time and money, but also improves vendor satisfaction with automated payee remittance notices.
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Toronto, Canada (PRWEB) March 18, 2015
MTFX Inc. (http://www.MTFX.ca), a leading Canadian online foreign exchange and global payment solution provider, is pleased to announce the launch of Global ACH Payments to help its rapidly growing customer base settle non-urgent international payments while saving time and money.
“Canadian companies doing business around the world are always looking for ways to streamline international payment processes. Historically, the most popular method for making global electronic payments has involved wire transfers. Unfortunately, wire transfers tend to be very expensive for both the sender and the recipient, as most banks charge corresponding and receiving charges in addition to wire transfer fees,” says Arif Harji, Chief Market Strategist at MTFX Inc. “To help our clients reduce international payment costs, improve efficiencies, and enhance their global reach, MTFX Inc. has partnered with leading financial institutions and will now offer Global ACH Payments in over 85 countries.”
Harji explains that MTFX Inc.’s Global ACH Payments enable Canadian businesses to electronically send non-time-sensitive payments to over 85 countries throughout North America, Europe, Asia, and Africa through local payment channels, eliminating both corresponding and receiving charges on international payments.
“The inexpensive option of Global ACH Payments, with forex conversion on those payments, not only helps save time and money, but also improves vendor satisfaction with automated payee remittance notices,” he adds. “Further, it eliminates the need to maintain or reconcile separate, country-specific bank account information for each vendor.”
“With the trend toward globalization, more and more Canadian companies need to send money globally,” Harji concludes. “With Global ACH Payments, Canadian businesses can seamlessly manage their payment operation processes and easily send non-time-sensitive payments to partners and suppliers virtually anywhere in the world in their currency of choice.”
Since 1996, MTFX Inc. has grown to become of the largest foreign exchange and payment solutions providers in Canada. The firm’s success is driven by offering competitive exchange rates in over 100 currency pairs and global payment channels that are unmatched in the industry. The fast, simple, and secure way to send money internationally, MTFX Inc.’s suite of payment channels includes international wire transfers, same-day transfers, and Global ACH Payments. To find out more about MTFX Inc., visit the company’s web site at MTFX.ca, contact MTFX toll-free at 1-800-832-5104, or e-mail MTFX Inc. at firstname.lastname@example.org.