With increasing globalization, the need for effective and secure payment providers to provide cross-border payments has never been greater.
What is a Cross-Border Payment?
A cross-border payment is a transaction in which funds are transferred from an account in one country to a recipient in another country. As most senders and receivers do not share common banks or financial institutions, these transactions may involve a series of intermediary transactions that are often costly, expensive, and time-consuming.
The Olympia Advantage
Olympia offers secure, cost-effective payment and settlement solutions so that your funds can efficiently reach their destination.
Benefits of Using Olympia Currency & Global Payments vs Your Bank
100% Security
Personalized one-on-one service
Efficient payment process
Cross-border convenience
Access to 100+ currencies
Risk Management
Transaction transparency
Flexible payment & settlement options
Customized solutions with diverse FX products
Which Payment Method is Right for Me?
With so many payment types available, it may be challenging to determine which is the best for your business. Our Account Managers review your time frame, the country you are looking to send or receive your funds from, as well as the currencies in play. Certain payment types can be processed the same day, while others may take a few business days.
Olympia’s Payment & Settlement Types
Bank Transfer: A reliable method to transfer funds from your Canadian based account to one of ours.
Online Bill Payment: Quick and secure method to pay for your transactions via online banking.
Wire Transfers: Secure and reliable way to settle a transaction from anywhere in the world.
Electronic Fund Transfers: A convenient way to move funds between accounts or to send quick payments to your beneficiary's account within Canada.
Pre-Authorized Payments: Automatic payments to settle your corporate transactions
PAD-ACH Transfers: An efficient and cost-effective method to electronically transfer funds to a US-based USD account.
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