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  • (News by tags)
    China’s Central Bank Set to Increase International Payments Efficiency

    The People's Bank of China (PBC) introduces a new policy and extended hours of operation.

    ...d by law to be paid with foreign exchange can now also be paid with CNY by companies. This facilitates the opportunity for financial institutions and banks to provide trades and investments that will meet current business demands in the market.  ...

    Tags: peoples bank of china,pbc,payments policy,china,chinese yuan,cny,rmb,international payments,cross-border payments,banks,financial institutions,foreign exchange,foreign currency,forex

  • (News by tags)
    New Currency Swap Agreement Signed by Bank of Canada and Bank of Korea

    Here's what the new currency swap agreement between Canada and South Korea means.

    ...Canada South Korea’s newest deal with Canada allows for the provision of liquidity in each jurisdiction to support domestic financial stability should market conditions warrant, according to the Bank of Canada’s press release. The agreement does t...

    Tags: bank of canada,bank of korea,currency,china,financial institutions,liquidity swap agreement

  • (News by tags)
    How Companies Save Money with a Dual Invoice for International Payments

    Immediately increase your company’s revenue by learning how to read a dual invoice.

    ...tional Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for international travelers include access to buy and ...

    Tags: international payments,dual invoice,local currency,savings,fees,costs,corporations,financial institutions,banks,currency exchange rates,fx volatility risks,foreign exchange risk

  • (News by tags)
    3 Hidden International Payment Costs Your Corporation Is Probably Paying

    Get a closer look at what international fees you might be paying and how to avoid them.

    ...tional Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for international travelers include access to buy and ...

    Tags: international payments,fees,costs,corporations,financial institutions,banks

  • (News by tags)
    3 Hidden International Payment Costs Your Corporation Is Probably Paying

    Get a closer look at what international fees you might be paying and how to avoid them.

    ...tional Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for international travelers include access to buy and ...

    Tags: international payments,fees,costs,corporations,financial institutions,banks

  • (News by tags)
    20 Most Used Currencies for International Payments

    This report ranks currencies that were most used in 2015 vs. 2016.

    ...tional Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for international travelers include access to buy and ...

    Tags: international payments,corporations,financial institutions,imports,exports,educational institution,foreign currency

  • (News by tags)
    CXI Announces Eight Executed Agreements with Financial Institutions Totaling over 2,100 New Transacting Locations

    CXI and EBC have combined to execute eight agreements with financial institutions.

    ...pleased to announce the Company and its subsidiary Exchange Bank of Canada (EBC) have combined to execute eight agreements with financial institutions for the provision of foreign exchange services increasing the transacting locations using the company gro...

    Tags: currency exchange international,cxi,exchange bank of canada,ebc,agreements,financial institutions,relationships,banks,credit unions,press release

  • (News by tags)
    SWIFT Unveils New Security Controls for International Wire Transfers

    A new way to prevent fraud and detect unusual payment flows faster.

    ... possible fraud attempts faster. This makes a lot of sense in today's digital world.     With the CEIFX Software, financial institutions and corporations can rest assured that our platform is driven by its Compliance Verification System (CVS)...

    Tags: swift,international wire transfers,corporations,financial institutions,security,reports,cvs,compliance verification system

  • (News by tags)
    Weekend Wanderlust

    Top social media posts our fans love from July 29 - August 4.

    ...tional Currency Exchange International (CXI) is a leading provider of foreign currency exchange services in North America for financial institutions, corporations and travelers. Products and services for international travelers include access to buy and ...

    Tags: weekend wanderlust,travel,photography,mobile photography,travel tips,currency exchange international,financial institutions,corporations,foreign checks,international checks,foreign check clearing,foreign currency cash letters,foreign currency collection it...

  • (News by tags)
    How to Cash an International Check

    No more confusion on what to do with foreign checks.

    ...atform for processing foreign check items in a safe and secure environment, the CEIFX online software. CXI is ready to help financial institutions and corporations manage their foreign check needs by consolidating the process to minimize conversion cos...

    Tags: currency exchange international,foreign checks,international checks,foreign check clearing,foreign currency cash letters,foreign currency collection items,corporations,financial institutions

  • (News by tags)
    U.S. Chamber of Commerce Clarifies Corporations Concerns

    New survey reveals why corporations are struggling with their financial services.

    ... released a survey on Thursday. It directly reveals the truth behind why corporations are having a hard time with accessing the financial services they need is due to the effect of the Dodd-Frank financial reforms. Since the Dodd-Frank Wall Street Refo...

    Tags: us chamber of commerce,economy,financial growth,financial services,financial institutions,corporations,dodd-frank,payments,compliance,corporate finance,financial reform,financial regulation,regulatory compliance,b2b payments