BETHESDA, Md. – The National Institutes of Health FCU is rolling out a global remittance services through BNY Mellon's Remit Worldwide.
The service will enable members to remit funds to beneficiaries in more than 17 countries on five continents in a safe and secure banking environment.
“Our members come from every continent as they engage in cutting edge biomedical research or in the health care industry here in the USA. The global diversity and high-end educational and occupational demographics of our membership make remittances a natural addition to our portfolio of service offerings,” said Juli Anne Callis, NIHFCU's president. “Tapping BNY Mellon's strengths has allowed us to provide best-of-breed remittance offerings to our members in an efficient, cost-effective manner.”
With locations in 34 countries on six continents and a network of more than 2,000 correspondent financial institutions, The Bank of New York Mellon's Treasury Services group delivers high-quality performance in global payments, trade services, cash management, capital markets, foreign exchange and derivatives. It helps clients optimize cash flow, manage liquidity and make payments more efficiently around the world in more than 100 currencies.
