International ACH

Sending wire transfers abroad can be costly and time consuming, which can leave your credit union searching for an international, electronic solution. Corporate Central offers credit unions the ability to streamline and simplify the process with international ACH. Partnered with the Federal Reserve Bank, the nation’s largest ACH operator with more than 40 years of experience and ACH expertise, our solution offers your credit union an optimal international payments process.

Key benefits:

• A range of foreign exchange options allows credit unions to take advantage of the efficiencies including: fixed-to-variable (U.S. dollars are converted to a variable amount of destination currency based on a competitive exchange rate); fixed-to-fixed (payments in U.S. dollars for transfer and receiving or payments in foreign currency for transfer and receiving)
• International payments modules include integrated printable disclosures and reporting to help your credit union maintain compliance requirements, as regulated by the Consumer Financial Protection Bureau and Regulation E