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  • Incoming Payment Solutions – Western Union Business Solutions
    Whether remitted from within your organisation or from a third party the procedure is simple and flexible This service is available through your representative or online through Western Union Business Solutions GlobalPay platform With our Incoming EFT service you retain control over the rate at which to convert the funds The rate may be locked in before the funds arrive or once receipt of the funds is confirmed If you lock in a rate before the funds are received once receipt of the funds is confirmed the order is processed and your SGD payment is issued the next business day If a rate is not locked in at the time of the order one of our representatives will contact you when the funds are received and will provide you with the current rate of exchange You can choose to accept this rate or wait for a more favourable one up to 90 days If you choose to wait we will monitor the market for you with MarketLink our currency information service Once the rate is locked in your SGD payment is issued by cheque or domestic wire transfer Know of a pending or upcoming invoice that will require the same foreign currency as a payment that you just received Skip converting the funds back to SGD and keep them in a Foreign Currency Holding Balance for up to 90 days Incoming Foreign Currency Drafts Our Incoming Foreign Currency Draft service allows you to efficiently convert foreign currency cheques into SGD We also accept SGD cheques issued by select foreign banks Payment is conditional upon final clearance by the issuing bank Find out more about how our incoming payment solutions can help your business with receiving and converting foreign funds into SGD Contact Us Today Want more information Find out more

    Original URL path: http://business.westernunion.sg/corporate/incoming/ (2012-12-22)
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  • Risk Management Strategy – Western Union Business Solutions
    with an effective risk management plan We will take the time to understand your particular business operations so that we can better assess your current FX processes and recommend a solution that meets your goals One of our dedicated FX specialists will work with you directly to understand your unique business operations He or she will analyse your history of foreign exchange transactions to learn where improvements can be made When designing a risk management strategy for your business we will consider your company s appetite for risk your long term goals and your short term needs After analysing your needs we will develop and implement a unique strategy using Forwards Limit Orders Stop Losses and other Risk Management tools This strategy should help protect your company s funds in a volatile market and allow you to benefit from favorable currency moves Our FX specialists are dedicated to monitoring currency rates and communicating with clients in order to deliver competitive pricing outstanding protection and optimised trading for your business Risk Management Tools Learn about the tools we will employ to help develop your unique risk management strategy Find out more We are dedicated to helping reducing our clients exposure to currency fluctuations and increasing their competitive advantage with an effective risk management plan Contact Us Today Want more information Find out more about our risk management strategy Contact Us Today FX 101 Learn the language of Foreign Exchange with our glossary of terminology and FX informational resources Learn More Corporate Solutions Outgoing Payments Incoming Payments Risk Management Industry Solutions Resource Centre Industry News Media Coverage Newsletters White Papers Webinars Events Calendar FX101 Glossary About Us Corporate Profile Global Headquarters Security Compliance Careers Press Centre Strategic Alliances Affiliate Application Personal Transfers Overview Western Union Business Solutions is a division of The

    Original URL path: http://business.westernunion.sg/corporate/risk-management/ (2012-12-22)
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  • Industry Foreign Exchange Solutions - Western Union Business Solutions
    Let our specialised services help save your institution and students unnecessary expenses and administrative burdens Learn more about our Education solution Financial Institutions Give your customers access to a full suite of FX and international payment services and solutions which help you to expand your offering increase client loyalty and tap into valuable new revenue streams all without outsourcing to the competition or undertaking major costly training initiatives Learn more about our solution for Financial Institutions Law Firms We are a leading worldwide payment specialist for law firms and our solution is one of the first law firm specific web based payment systems for domestic and international payments We can help you bring control and flexibility to your international payments process Learn more about our solution for Law Firms Want more information Find out more about our Industry Solutions Contact Us Today Corporate Solutions Outgoing Payments Incoming Payments Risk Management Industry Solutions Resource Centre Industry News Media Coverage Newsletters White Papers Webinars Events Calendar FX101 Glossary About Us Corporate Profile Global Headquarters Security Compliance Careers Press Centre Strategic Alliances Affiliate Application Personal Transfers Overview Western Union Business Solutions is a division of The Western Union Company Western Union acquired Custom

    Original URL path: http://business.westernunion.sg/industry/ (2012-12-22)
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  • FX Solutions for Financial Institutions - Western Union Business Solutions
    Solutions Industry Solutions Financial Institutions Overview Contact FX Solutions for Financial Institutions With our payment solution for financial institutions we offer many exciting benefits for banks wishing to develop their international services and gain new sources of revenue Our solution enables financial institutions to make use of an innovative and flexible white label global payments solution that is largely independent of the global banks allowing you to offer best in class foreign exchange and international cross border payments service worldwide Benefits A white label platform that can be custom built to have the look and feel of your own brand Broadens your service offerings for your customers or members Uses proven digital cloud technology to deliver a consistently efficient and reliable service worldwide Quick set up requiring minimal IT integration Powered by our global clearing network Our solution simplifies the complexities of global payments and opens up a range of new revenue opportunities for financial institutions by offering your customers fast efficient and reliable movement of money across borders Find out more about how we can help your financial institution to make use of an innovative and flexible white label global payments solution that is largely independent of the global banks Contact Us Today Want more information Find out more about our solutions for financial institutions Contact Us Today Corporate Solutions Outgoing Payments Incoming Payments Risk Management Industry Solutions Resource Centre Industry News Media Coverage Newsletters White Papers Webinars Events Calendar FX101 Glossary About Us Corporate Profile Global Headquarters Security Compliance Careers Press Centre Strategic Alliances Affiliate Application Personal Transfers Overview Western Union Business Solutions is a division of The Western Union Company Western Union acquired Custom House Currency Exchange Singapore Pte Limited in 2009 and Travelex Singapore Pte Ltd and Travelex Global Financial Services Singapore Pte Limited in 2011

    Original URL path: http://business.westernunion.sg/industry/financial/ (2012-12-22)
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  • FX Solutions for Law Firms - Western Union Business Solutions
    time and money In addition our foreign exchange specialists can work with you directly to help develop an effective risk management strategy that will help minimise your firm s currency risk exposure enabling you to ensure that you are making the most your clients valuable funds Making Foreign Associate Payments With Western Union Business Solutions GlobalPay Legal law firms have the ability to transfer foreign associate payments as low cost International ACH payments and set Future Payments with a fixed exchange rate all while managing approvals and offering self administered controls Low cost international payments International ACH transfers save your firm money and ensure that your foreign associate receives the full payment amount with no incoming wire fees or other deductions on the receiving end Future payments This feature allows you to fix the exchange rate and schedule payment for release at any time within 180 days so you can invoice your client the exact amount Streamlining your Payment Process GlobalPay Legal has a range of features that can simplify your payment processes help reduce payment costs and help manage your cash flow Accounting package integration Compatible with most time billing and accounting systems GlobalPay Legal allows clients to bulk upload import international payments for execution and also download export reconciliation data back into the accounting package Self administered user controls Set the user rights you want from administrator approval and order entry to reporting access and order reviewing Payee Manager for Legal Easily upload your vendor network and maintain your foreign vendor banking details while easily converting them to low cost International ACH electronic payments Accounts Payable Outsourcing Solution Reduce the time and costs associated with the manual entry of international and domestic payments or payroll files Find out more about how we can help your law firm to

    Original URL path: http://business.westernunion.sg/industry/law/ (2012-12-22)
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  • FX Solutions for Educational Institutions - Western Union Business Solutions
    costly foreign exchange modules that need to be purchased for your legacy accounting platform We offer unparalleled services to educational institutions worldwide by combining an industry leading online system the ability to initiate foreign exchange payments in more than 135 currencies low cost international transfers accounting system integration and first rate compliance features As a foreign exchange specialist we can work with you to develop a strategy that helps minimise your institution s currency risk exposure and ensures that you are making the most of valuable outgoing funds Manage incoming international payments and international student tuition more effectively We can help your institution to improve its international student program by providing international students with fast and efficient payment options We make it easy for international students to pay their university tuition bills from their homes overseas and in their own local currencies when applicable Receiving payments online can help improve your institution s cash flow and reduce administration costs Our online platform enables you to receive funds from overseas quickly and cost effectively Our solution can seamlessly integrate with your student management and accounting systems significantly lowering administrative overheads and reducing the number of errors that come with manual processes Take advantage of a solution designed specifically for educational institutions Receive full payment value from students Decreases manual administrative burdens Easily integrates into your existing operations Allow students to pay in their local currency Work with market leading partners Find out more about how we can provide your educational institution with state of the art customised solutions for making and receiving domestic and international payments Contact Us Today Want more information Find out more about our Education solution Contact Us Today Featured Webinar The Globalization of Higher Education As your university globalizes learn about how our exciting products and services

    Original URL path: http://business.westernunion.sg/industry/education/ (2012-12-22)
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  • Personal Transfers – Western Union Business Solutions
    variety of reasons Whether you are looking to buy or sell a house abroad purchase a car or boat make mortgage or maintenance payments or receive income from savings and investments we are happy to help every step of the way We can offer you No hidden charges Protection from volatile exchange rates Direct bank transfers Competitive rates of exchange Dedicated dealer and customer support How do I get started Simply fill out our online registration form and then wait for an email from our activation team to let you know when your new account is ready to go Accounts are typically activated within 24 hours but may take longer if we require further documentation to support your application If this is necessary a representative will contact you to request this documentation Once your account has been activated we will be able to lock in rates for you and walk you through the next steps in making an overseas payment We can also provide you with a number of helpful tools such as a rate tracker that can monitor the market for your desired rate to become available or we can discuss a forward contract that allows you to lock in today s rate for a trade you wish to conduct in the future Find out more about how our Personal Transfers solution can help with your foreign exchange needs Contact Us Today Want More Information Find out more about our Personal Transfers solution Contact Us Today Corporate Solutions Outgoing Payments Incoming Payments Risk Management Industry Solutions Resource Centre Industry News Media Coverage Newsletters White Papers Webinars Events Calendar FX101 Glossary About Us Corporate Profile Global Headquarters Security Compliance Careers Press Centre Strategic Alliances Affiliate Application Personal Transfers Overview Western Union Business Solutions is a division of The Western Union

    Original URL path: http://business.westernunion.sg/personal-transfers/ (2012-12-22)
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  • Resource Centre – Western Union Business Solutions
    Australia hovered against the Read More Loonie benefits from better than expected Canadian U S data The monetary unit of Canada increased in value against the U S Read More Euro rises after stronger than expected U S data released The value of the common currency of the European Union continued Read More More News White Papers Webinars Foreign exchange information made easy Increase your ability to do business with confidence with strategic tips and trends for your international needs Learn more Events Western Union Business Solutions participates and hosts a number of seminars conferences and tradeshows all over Singapore Find an event near you FX 101 Resources and tools from our foreign exchange specialists that help you navigate the foreign exchange basics Learn more Latest Media Coverage The Wall Street Journal New Zealand Dollar Higher Late Eyes On RBNZ From The Wall Street Journal WELLINGTON The New Zealand dollar was trading higher against the U S dollar late Wednesday Read More Gulfnews Euro Hits 7 Month High vs Yen From Gulfnews The euro dipped to session lows against the dollar after weak US personal income and spending Read More Bloomberg Businessweek Canadian Currency in Tightest Range Since 1996 as Growth Slows From Bloomberg Businessweek Canada s dollar traded in the tightest weekly range in 16 years as economic growth slowed Read More More Media Coverage Inbox Intelligence Market intelligence delivered right to your inbox for free Newsletter Sign Up Corporate Solutions Outgoing Payments Incoming Payments Risk Management Industry Solutions Resource Centre Industry News Media Coverage Newsletters White Papers Webinars Events Calendar FX101 Glossary About Us Corporate Profile Global Headquarters Security Compliance Careers Press Centre Strategic Alliances Affiliate Application Personal Transfers Overview Western Union Business Solutions is a division of The Western Union Company Western Union acquired Custom House Currency

    Original URL path: http://business.westernunion.sg/resource-centre/ (2012-12-22)
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