Search
 

Sending Money Around the Globe Just Got Easier

Travelex's new GlobalPay update lets companies better monitor currency risk and cash management through greater transparency and real-time tracking functions, the company says

By Staff Writer | Updated on June 17, 2008

Travelex has updated its GlobalPay international business payment service with new features that help all-size companies better monitor currency risk and cash management through greater transparency and real-time tracking functions. Users can call up electronic statements at any time for instant reconciliation, notes Adam Tiberi, Travelex vice president of global product management.

New features also allow companies to make domestic and international payments on the same screen and opt for low-value global payments, if speed is not an issue, by sending the transaction through the automated clearinghouse system (ACH) instead of the high-cost SWIFT messaging service.

Complete your profile to continue reading and get FREE access to Treasury & Risk, part of your ALM digital membership.

Your access to unlimited Treasury & Risk content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Critical Treasury & Risk information including in-depth analysis of treasury and finance best practices, case studies with corporate innovators, informative newsletters, educational webcasts and videos, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM websites including PropertyCasualty360.com and Law.com.

Already have an account?

NOT FOR REPRINT

© 2025 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Recommended Stories

Treasury & Risk

Join Treasury & Risk

Don’t miss crucial treasury and finance news along with in-depth analysis and insights you need to make informed treasury decisions. Join Treasury & Risk now!

  • Free unlimited access to Treasury & Risk including case studies with corporate innovators, informative newsletters, educational webcasts, and resources from industry leaders.
  • Exclusive discounts on ALM and Treasury & Risk events.
  • Access to other award-winning ALM publications including PropertyCasualty360.com and Law.com.

Already have an account? Sign In Now
Join Treasury & Risk

Copyright © 2025 ALM Global, LLC. All Rights Reserved.