If you want to learn about cross-border bank deposits, what they can do for your company and the basics of how to use them — you’ve come to the right place! Welcome to The Ultimate Guide to Cross-Border Payments: The Role of Cross-Border Bank Deposits. Here, you’ll find answers to your most pressing payments questions.
The premise of The Ultimate Guide to Cross-Border Payments: The Role of Cross-Border Bank Deposits is that anyone can learn the ins and outs of cross-border payments and in doing so, understand a whole lot more about the current payments ecosystem. We’ll aim to show you where bank deposits fit in, and why you should care about whether or not you offer them. You’ll get helpful advice for navigating the sometimes murky and confusing world of cross-border payments while you learn to discern between various payouts forms and their pros and cons.
With the growth of the digital economy, businesses need to make regular, cross-border payments to their recipients around the globe. Facilitating these payouts in a timely, cost-effective, secure and transparent fashion is increasingly critical for business success.
Bank deposits can be used by a wide range of businesses, from payroll companies who pay out employees to publishers who pay out their affiliates.
In this guide, you will learn the fundamentals of cross-border payments, particularly how cross-border bank deposits enable cross-border payments from your company's bank account directly into recipients' accounts in their local currency.
You'll discover how bank deposits manage to do it at an exceptionally low cost, at speeds that often approach real time and with extremely high security. The rewards for those who use bank deposits are great — why not give them a try?
In this installment in an ongoing series, we'll examine the digital economy’s dynamic growth, the opportunity for forward-thinking businesses to expand their reach into new markets and the significant role that a payouts channel can play in a global expansion plan.
We'll share the latest trends in payouts and best practices when it comes to vitally important functions including compliance, risk, forex and transparency and pricing.
Finally, we’ll take a look at cross-border bank deposits’ unparalleled ability to forge new paths for you in countries that were formerly hard to reach, in terms of payouts.
In this third installment in an ongoing series, we’re going to take a look at how cross-border bank deposits can be an ally in your quest to remove friction from your payouts experience and stay on top in an increasingly crowded field of competitors.
We’ll challenge you to see payouts through a recipient’s point of view, and ask, are you ready to stop paying your recipients on your terms and start paying them on their own terms?
We'll also share what you should expect your payouts provider to know when it comes to vitally important behind-the-scenes functions including compliance, risk, foreign exchange, and transparency and pricing. Get ready to gain a competitive edge with cross-border bank deposits.