As business goes global, so do payments. Making and receiving payments in multiple currencies needs to be easy and secure. And exchange rate volatility needs to be managed to avoid unexpected cost increases.
CBForex®, our secure, foreign exchange (FX) trading and transactions reporting system, lets you initiate, approve and report on all FX and foreign currency account transactions from a single source. You benefit from:
- Real-time foreign exchange rates for spot, forward and time options, including cross-currency trades.
- The ability to execute currency hedging strategies.
- An easy interface that lets you initiate, settle and release foreign payments right from your desk, eliminating the need to phone in wire transfers.
- Instant, printable PDF confirmations of your international payments.
- The ability to maintain a database of standard payment instructions to simplify repetitive transactions.
- Flexible administrative and security settings that allow you to set different access levels for each user across many locations.
- Comprehensive reporting that consolidates transactions executed online or verbally with our FX trading specialists.
- The flexibility of viewing CBForex transactions with our online accessMONEY Manager® application.
- State-of-the-art security features, including multi-factor authentication and 128-bit Secure Socket Layer (SSL) encryption.
To learn more, contact a Foreign Exchange Specialist.