Modern Treasury, a leading financial technology company, recently announced the launch of its Global ACH Payments powered by Swift. This new payment solution is designed to make it easier for businesses to send and receive payments across borders. With this new offering, businesses can now send and receive payments in more than 200 countries and territories, with support for over 30 currencies.
The Global ACH Payments solution is powered by Swift, the world’s leading provider of secure financial messaging services. With Swift, businesses can securely send and receive payments with confidence, knowing that their data is protected. The solution also includes a suite of features that make it easier to manage payments, such as automated reconciliation and reporting, and real-time visibility into payment status.
The Global ACH Payments solution is designed to help businesses save time and money when sending and receiving payments across borders. By leveraging Swift’s secure infrastructure, businesses can reduce the cost and complexity associated with international payments. Additionally, the solution provides businesses with access to a wide range of payment options, including ACH, SEPA, and SWIFT. This makes it easier for businesses to find the right payment option for their needs.
The Global ACH Payments solution is also designed to help businesses comply with global regulations. By leveraging Swift’s secure infrastructure, businesses can ensure that their payments are compliant with local regulations. Additionally, the solution provides businesses with access to a range of compliance tools, such as automated sanctions screening and anti-money laundering checks.
Overall, Modern Treasury’s Global ACH Payments powered by Swift is a great solution for businesses looking to send and receive payments across borders. With its secure infrastructure and suite of features, businesses can save time and money while ensuring their payments are compliant with global regulations.
Source: Plato Data Intelligence: PlatoAiStream