Customer payment file uploaded to GPS with requested currency
GPS locks in best rate from FX providers and settles foreign payment
FX provider sends settlement details back to customer through GPS
Customer funds payment to FX provider through GPS
"The world is full of friction – things that get in the way of getting a job done. CSI takes that all away.”
Transactions settle directly in your foreign suppliers’ native currency with full transparency, and without hidden fees.
Suppliers may offer pricing discounts of up to 10% with better terms when larger transactions are settled in local currency.
Cross border payments are part of our Total AP solution – integrated with your ERP for simplified reconciliation and reporting.
We’re a company that’s committed to the future of payments, continually bringing the world simpler, more secure payment solutions.