Account Access at Your Convenience

Corporate Foreign Exchange Solutions

Payment processing the way it should be

We understand that when you work with foreign currencies, volatile currency fluctuations can raise your company's expenses, diminish your profits, and make accurate long-term planning a challenge.

Our foreign exchange specialists take the time to understand your particular business operations so that we can better assess your current FX processes and recommend a solution that meets your goals. Benefit from a global platform that makes international payments easy for any size company.

Western Union® Business Solutions' corporate services will help your company by:

  • Streamlining processing - One easy file upload provides your company with a template and process for all incoming, outgoing, domestic and international transactions.
  • Reducing cost and errors - Our enrollment program allows your vendors to manage their own information, including bank account details, helping to ensure accurate and timely payments.
  • Providing control and visibility - Alternative settlements provide the ability to avoid SWIFT when sending and receiving international payments.
  • Improving your risk management strategy - Our dedicated specialists, along with our marketing reporting services, will help you by drawing from a number of cash and risk management tools to implement a suitable hedging strategy that will reduce your risk and protect your bottom line.

Western Union Business Solutions is dedicated to reducing our clients' exposure to currency fluctuations and increasing their competitive advantage with an effective risk management plan.

Contact an FX Representative

Online Account Features

  • Scheduled Payments
    Payment plans can be made up to one year in advance including recurring payments such as bi-monthly payroll or single payments.

    The Scheduled Payments feature provides users the capability to create a series of payments up to one year ahead. Payment Plans can be made up of recurring payments, such as bi-monthly payrolls, or single payments. Scheduled Payments has built-in workflow management capability, so that staff can create a plan and send automated notifications to managers who approve and schedules the plan(s) for payment execution. The full capability of Schedule Payments is now available for Online Account holders.
  • Bulk order uploads and downloads
    Batch order upload capability enables you to automatically create hundreds of payment orders in a few simple steps.
  • Multi-level permissions
    Customizable authorization levels provide control and audit ability for transaction approval processes.
  • Automatic notifications to recipients
    Ensure your recipients know the details of payments with automatic notifications.
  • Rates and fees stated upfront
    Real-time rate quotes and upfront disclosure of all fees help to avoid surprises when booking transactions.
  • Transaction history and reporting
    Flexible reporting capability enables you to easily track and analyze transaction history.
  • Manage forward contracts
    A single report of all your forward contract information helps to increase your risk management ability.
  • Tiered Order Management
    Easily monitor, approve, and report on payments created by or for your dispersed teams and business units.

    Increase payment visibility across all associated business units and configure approval processes to reflect your unique business structure. Tiered Order Management allows you to reduce manual processes, streamline approvals, and gain a broader understanding of company-wide currency exposure. Designate users to report on amalgamated transaction activity or delineated activity for a specific account, authorize specific personnel to monitor payment activity for all associated company transactions, and create and manage beneficiary details centrally or by user account.