Does your institution face these challenges?
Complex regulatory environmentMany institutions are hesitant to offer international payments due to the complex regulatory environment.
With investment of 3.6% of Western Union's revenue on compliance measures in 2017, we are dedicated to helping you manage your compliance processes as efficiently as possible.
Correspondent banks are multi-focused and often don’t prioritise the needs of international payments clients.
Our experienced team is dedicated to helping ensure the needs of you, and your customers are met efficiently.
Simple, safe international payments
Correspondent banks will favour institutions that bring large transaction volumes, making it harder for you to access favourable pricing.
Our extensive global network combined with our local market knowledge enables you to manage international payments with acces to 200 countries/territories and over 130 currencies on behalf of your clients.
FEATURES AND BENEFITS
Efficient mass payments
Send up to 10,000 payments, in multiple currencies via a single file upload. Connect directly to our network via API or Swift protocol, integrate our white labelled solution directly into your banking system.
Meet all your customer needs
Process transactions in house on behalf of your customers, or enable them to self-serve by white labelling our digital solution within your online banking platform.
Your customers send funds internationally using local clearing houses (such as ACH, SEPA or BACS) or local Real-Time Gross Settlement (RTGS) systems, and they may pay lower fees using our 500+ local bank accounts around the world.
Know the full cost
Our global network and digital platform allows you to view transactions in your local currency, so you know in advance the exact cost.
Get the word out
Marketing support and customizable campaigns to help you promote international services to your students.
Help clients’ cash flow
Introduce your clients to simple risk management tools which allow them to lock in an exchange rate for up to 12 months.
HEAR WHAT OUR CLIENTS HAVE TO SAY
"Partnering with Western Union Business Solutions has really helped us stake our ground amongst our top five competitors. We’ve begun to expand our business services further by referring customers with hedging needs to Western Union Business Solutions, which means we are increasing customer satisfaction further still."
"We have been using Western Union Business Solutions for about a year and half. They have provided us with more options for sending wires than we previously had available. They provide as much in depth training and instruction as each client needs. Their service is always timely and friendly and their staff is very knowledgeable. We have been quite happy since we switched to Western Union Business Solutions."
"Western Union Business Solutions has helped us streamline our foreign wire procedures by offering valuable real time integration into our current wire software. They have been key to helping to strengthen our relationships with our foreign wire customers."
"Western Union Business Solutions has allowed our small community bank to compete with money centers on foreign remittances. Western Union Business Solutions has broadened our product offering while increasing our non-interest income."
"All our members’ needs are being met, and the services have been very well received. Our non-interest income has been increasing steadily – it’s been a great fit."