Cashbook partners with Travelex to enhance International Payment Capabilities

Travelex are the world’s leading provider of international payments, with trading floors on four continents, operations in over 30 countries and partnerships with over 4,000 financial institutions.

As well as being a well known and trusted brand, we are a truly global operation with payment experts all over the world handling payments to virtually anywhere, in any traded currency.

Introducing Globalpay for Cashbook Users

Travelex’s unique payment platform, Globalpay interfaces with Cashbook’s Global Payments solution ensuring Cashbook users will be able to eliminate inefficiencies and speed up their payment process. Global Payments from Cashbook enables payment runs across multiple business units, countries and ERP’s with one single user interface. By joining Global Payments with Globalpay users will be able to manage all international and domestic payments using a simple single point of entry system.

Cashbook’s Chief Executive Greg Coulter comments “The market has been waiting for a truly integrated payment solution for diverse business units for a long time. Combining Cashbook’s ERP knowledge with Travelex’s extensive international payments experience will give Treasurers and Controllers a significant opportunity to better manage their cash balances, hugely simplifying the ERP to Bank payment process.”

Will Beattie, Alliance & Partnership Manager, comments “On behalf of Travelex we are delighted to be working with Cashbook. Having discussed with Greg, Cashbook’s global client list I am certain we are going to offer Cashbook users some significant benefits, especially in the area of international payments and currency exposure.”

At a glance, Globalpay from Travelex allows you to proactively manage your currency exposure for payments that are coming up. On a single screen you can see your scheduled incoming and outgoing payments across all currencies, allowing you to make decisions about your cash flow and currency exposure quickly and easily.

Globalpay helps you expand your business by streamlining payment processes with suppliers & customers. With Globalpay you can access prices in local currencies quickly and make and receive payments without opening and maintaining different currency accounts. You can track your payments through the system and monitor the status of any payment easily.

Businesses trust Travelex

More than 30,000 businesses trust Travelex to handle their international payments to over a million people every year. Our innovative payment technology platform ensures that we provide unrivalled accuracy for our clients’ payments, and we were delighted to win the Bank of New York Mellon Award for accuracy for our payments service in 2007. Travelex’s offer’s transparent fees and charges are stated in advance.