moneycorp expands US presence

moneycorp today completed its integration of Commonwealth FX, the US based corporate international payments business it acquired in January 2018, uniting it with its existing US business on a single integrated, global payments platform.The digital platform provides SME and midcap clients with access to a network of 17 international banks and advanced back-to-back hedging abilities usually restricted to larger corporates. From today, moneycorp’s 4500 US clients will begin to be transferred to the brand’s international…

Source: RealWire

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