Problem Solved: International Payment Remittances, Post Dodd-Frank (Recorded Product Demo)
This is a product demonstration of eZforex's interface to the Federal Reserve's FedGlobal® International ACH Payments. This solution allows you to offer international payments to your members while meeting the new federal requirements coming October 2013.
With the October 2013 deadline looming for new regulations surrounding Dodd-Frank Section 1073, many credit unions are anxious about how they can continue to serve their members while being compliant. Many have stopped or plan to stop offering international remittances. Your members who depend upon the ability to send international remittances will be forced to seek costly solutions from other providers.
Section 1073 requires:
The eZforex interface is fully compliant and offers significant savings to you and your members.
Also available: 2013 Annual Conference presentation with Jorge Jimenez of the Federal Reserve Bank, International Payments Post Dodd-Frank: A Game Changer »
This is a recording of eZforex: Problem Solved—International Payment Remittances Post Dodd-Frank by NAFCU Services.
Download the slides »
Expert Present, Evan Shelan, creater and founder of eZforex.com, Inc.