ZED Wire

Send International wire transfers to 200+ countries & save up to 75% in fees.

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Challenges

International wire transfers are expensive, opaque, cumbersome, and fraud prone.

Challange

Most international wire transfers are executed through SWIFT which processes about $5 Trillion per day, 80% of which are handled by big correspondent banks who charge anywhere from $25-$65 per outgoing wire transfer AND up to 7% in Foreign Exchange Fees.

Why it matters

Businesses depend on safe, timely and cost effective delivery of payments internationally for an effective cash management process.

Our Solution

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Bypass correspondent banks and securely send and receive 150+ currencies with the most competitive rates thorugh a centralized global network of banks via ZED Wire.

Treasury Management

Whether you’re managing a multinational enterprise or a small business, ZED Wire allows you to completely control where and when your money is being sent.

Features

Access live rates,  24/7/365

Access live rates, 24/7/365

Send & Receive payments anywhere

Send & Receive payments anywhere

Schedule spot payments

Schedule spot payments

Create forward contracts w/locked-in rates

Create forward contracts w/locked-in rates

Upload payment files for batch payments

Upload payment files for batch payments

View currency balances, pending payments & confirmations

View currency balances, pending payments & confirmations

Download reports back directly to your ERP or accounting software

Download reports back directly to your ERP or accounting software

Use our white label Client Portal or API integration

Use our white label Client Portal or API integration

Benefits

Flexible: Pay and receive invoices in any desired currency

Low Cost: Pay only US$20 for any wire transfer, anywhere

Great Rates: Highly competitive rates without middle tier correspondent banks

Liquidity: Instant access to 150+ currencies with $trillion+ liquidity

Comprehensive: Largest coverage area (200+ countries)

Fast: Same or next day settlements and payouts

Economical: Use local domestic payments wherever available to lower costs

Scalable: Quickly scale up and cover the world with one simple integration

Efficient: Consolidate all payment partner reports and provide a single, easily digestible reporting suite for fast and efficient reconciliation

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Access a global network of 150+ foreign currency accounts!

Send, receive, and hold different currencies without the expense and complexities of opening and maintaining

foreign-denominated bank accounts.

Convenient

Convenient

Offer your customers the convenience of paying you in their currency

Flexible

Flexible

Purchase and hold currencies when the rate is favorable & transfer balances from one currency to another as needed to fund operations

Cost Effective

Cost Effective

There is no need to convert to your home currency first. Cross-currency capability saves time and expense of double conversions.

ZED Wire services can be provided as stand-alone services through a client portal or as part of an API integration.
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