Payline Financial provides a suite of products tailored specifically to financial institutions (FI's). Institutional clients can meet the international banking needs of their business customers with a full range of easy to use foreign exchange services under their own brand name white label solution, providing a seamless user experience to their customers.

This product suite is a customizable foreign exchange and global payments web based application; a comprehensive, real-time foreign exchange delivery system that can support an FI's foreign payment transactions and information needs online. Payline's straight through processing solution enables FI's and their clients to buy or sell G7 currencies on both a spot and forward basis, create wire templates and access a complete suite of reporting tools. The application is fully compliant with international money laundering regulations and offers automatic OFAC screening for wires.

Payline's turnkey solution allows FI's that do not have the infrastructure to support the international needs of business clients a web based connection to our foreign exchange trade execution and payments platform. Our online interface enables businesses to initiate foreign exchange transactions right from their own computer terminals, dramatically reducing the costs associated with providing this type of service.

The service is unique because it provides final payment settlement to foreign beneficiaries. Payline provides real-time exchange rates, manages trade execution, and initiates settlement instructions on behalf of FI's that, in turn, provide foreign exchange services to their clients. Although Payline can handle all aspects of the service under an outsourcing agreement, the application itself can be managed under the brand name of the FI if required. This gives FI's their own online foreign exchange offering, including the associated incremental revenue, without the complexity of managing the front and back-end operations required to effectively process foreign exchange transactions.

Empowered by Payline FI's can enable their business customers to:

Initiate foreign exchange transactions - spot, forward and forward windows, online without phone calls and waiting for confirmations

Send and receive wire payments

Access reports that provide authorized users detailed data on historical, existing and pending transactions at a glance

Save wiring instructions as templates for repetitive payments

Make multi-currency and multi-supplier trade settlements

Manage and hold deposits in multiple currencies

Free trade agreements and the introduction of the Euro are making it possible for a greater number of small businesses to expand internationally. Due to the market risks and costs associated with maintaining a foreign exchange operation, many FI's have chosen not to offer international banking services and have had to turn these customers away. With Payline's solution FI's can capitalize on a substantial opportunity, thus competing more effectively in today's global economy, while adding a new source of revenues at minimal cost and improving customer loyalty.