Cross-border payments and Convera: Key questions and answers about Convera solutions
Learn about Convera cross-border payment products, business solutions, and features, including compliance, security, integration, multi-currency holding balances, and fees.
Convera adheres to global regulatory standards and robust security and compliance protocols to ensure every cross-border payment is secure and compliant.
Here’s how Convera ensures compliance and security in cross-border payments, in more detail:
– Our agile infrastructure ensures operational continuity and resilient systems, while our robust processes help keep your funds safe and payments aligned with local regulations.
– Convera’s dedicated teams of fraud, risk, and cybersecurity specialists leverage advanced fraud-detection rules and real-time monitoring to proactively identify threats and mitigate risks before they happen.
– By aligning with global data protection laws such as GDPR, GLBA, and CPRA, Convera ensures your information is handled lawfully, transparently, and with the utmost care.
– Convera’s compliance program spans a global network of 60+ licenses to help protect your cross-border payments and meet global regulatory standards.
Learn more about security and compliance at Convera.
Convera’s dedicated fraud, risk, and cybersecurity specialists with decades of experience leverage advanced fraud-detection rules and real-time monitoring to proactively identify fraud and mitigate risks before they can damage your business.
Learn how to recognize and report financial scams and cross-border payments fraud.
You can hold and manage multiple foreign currencies using a multi-currency holding balance on the Convera platform.
With Convera, you can hold and manage balances in more than 60 currencies, for up to 180 days (excluding Switzerland, which is up to 60 days).
Holding balances are not available to individuals, sole proprietors, and partnerships (except for limited liability partnerships) in Singapore.
Learn more about multi-currency holding balances at Convera.
You can plug your Enterprise Resource Planning (ERP), Treasury Management Systems (TMS), and other business software into Convera’s APIs to make and track payments, manage workflows, and reconcile settlement details, with full visibility at every step.
The Convera API Suite provides a payment processing platform to accommodate high-volume domestic and FX transactions with API functionality for payment batching, processing, reconciliation, and sanctions visibility.
You can also connect directly to our native global payment network (in addition to third-party rails) for reliable, transparent payouts wherever you do business.
Or, you can streamline your payments using our software partners. We power over 150 technology and channel partners with more than $18 billion in annual payments through our partner ecosystem and $200 billion annually across all channels.
Learn more about integrating your business software with Convera.
Convera supports a variety of payment methods, including SWIFT, SEPA, ACH, BACS, and FPS. Moreover, Convera has a vast global payments network of over 50 banking partners and more than 500 local bank accounts, enabling access to over 140 currencies across 200+ countries and territories.
Check out Convera’s currency capabilities and payment methods for your country.
Convera’s vast payment network enables same-day settlement options with no intermediary charges. Real-time tracking is available for payments.
However, the speed of cross-border payments may vary by destination country and currency.
Contact our sales team to learn more.
Convera fees are competitive and tailored to your business size and transaction volume.
Registering and setting up an account with Convera is easy, and free. There are no monthly fees either.
We guarantee our customers a market-competitive exchange rate and complete visibility with no hidden fees.
Contact our sales team for a personalized quote.
To get started with Convera, connect with our payments experts. Our payment solutions are tailored to fit YOUR business needs, and we look forward to working with you.
Get in touch today.
If you’re an existing Convera business customer, please email [email protected] or call us:
Australia: +1 800 065 720
Austria: +43 800 100 436
Canada: +1 844 217 3455
China – Hong Kong: +852 2853 9867
Czech Republic: +420 251 001 113
France: +33 805 980 233
Germany: +49 800 627 0150
Italy: +39 06 4525 6951
Luxembourg: +352 800 81 634
Malta: +356 23289202
New Zealand: 0800 787 813
Poland: +48 226 537 047
Singapore: +65 6494 8286
Spain: 900 861 559
Switzerland: +41 840 86 86 86
United Kingdom: +44 0800 096 0172
United States: +1-866-381-6551