More NewsFXWeb Provides Enabling Technology for International E-Commerce

FXWeb Provides Enabling Technology for International E-Commerce

The release of FXWeb, the most comprehensive bank-independent FX payment system designed for the Internet, allows corporate treasurers in the US and Canada to receive wholesale foreign exchange rates on international currency payments, rather than the retail rates normally received. FXWeb brings to the Internet the comprehensive functionality and ease of use of Sonnet FX®, its flagship Windows®-based service for corporations. By aggregating trades each day from hundreds of companies using its service, Sonnet is able to negotiate the interbank or wholesale rate for its clients on more than 100 currencies. With FXWeb, users are not required to establish any new bank accounts or banking relationships, and may move funds or make payments from their accounts worldwide through a single easy-to-use interface, giving them unified management and reporting of worldwide payments and collection activity.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

3w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

5m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

5m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha