There are many ways to send money abroad. International ACH is often misunderstood, yet it can be an efficient, low-cost way to make payments to other countries.
This 60-minute International ACH webinar explains what it is, how the process flow works, the payment types involved, and the IAT (International ACH Transaction). You'll learn how it differs from US domestic ACH, the reasons to choose it, and when it may be preferable to a wire transfer.
The session also covers the customer benefits and value proposition, and introduces the International Payments Framework Association (IPFA), which is creating global standards to make international ACH easier and addressing its common issues.
WHY SHOULD YOU ATTEND?
International ACH can make cross-border payments more efficient and cost-effective, but many institutions and businesses don't use it because it isn't well understood. This session explains when and how to use it.
It suits financial institutions, corporations that make international payments, government organizations and technology providers.
AREA COVERED
- What International ACH is
- Customer benefits and value proposition
- Payment types
- When to use International ACH vs. wires
- How it works: the process flow
- Differences between US ACH and International ACH
- The International Payments Framework Association (IPFA) and how it addresses International ACH issues
- The IAT (International ACH Transaction)
LEARNING OBJECTIVES
- Explain what International ACH is and how it works
- Describe the customer benefits and value proposition
- Decide when to use International ACH instead of wires
- Distinguish International ACH from US domestic ACH
- Describe the IAT and the role of the IPFA
WHO WILL BENEFIT?
Financial institutions, corporations that make international payments, government, technology providers
International ACH can make cross-border payments more efficient and cost-effective, but many institutions and businesses don't use it because it isn't well understood. This session explains when and how to use it.
It suits financial institutions, corporations that make international payments, government organizations and technology providers.
- What International ACH is
- Customer benefits and value proposition
- Payment types
- When to use International ACH vs. wires
- How it works: the process flow
- Differences between US ACH and International ACH
- The International Payments Framework Association (IPFA) and how it addresses International ACH issues
- The IAT (International ACH Transaction)
- Explain what International ACH is and how it works
- Describe the customer benefits and value proposition
- Decide when to use International ACH instead of wires
- Distinguish International ACH from US domestic ACH
- Describe the IAT and the role of the IPFA
Financial institutions, corporations that make international payments, government, technology providers