WASHINGTON – Travelex Global Business Payments, Inc. and LendingTools.com on Thursday announced they are partnering to deliver international electronic payments solutions.
According to Travelex, the relationship enables correspondent financial institutions using LendingTools’ Private Correspondent Gateway to provide cost-effective, reliable and timely international payment services to their members and customers through the Travelex GEO global clearing network. Mutual customers will be able to provide all correspondent banking services, including international payments, in a single, secure and intuitive online system with their custom brand.
In May, LendingTools.com and Travelex announced that Kansas Corporate Credit Union would be the first customer of their partnership using the international electronic payment platform.
