National Cash Management Systems
Traditional Check Processing in Multiple Currencies
Through our worldwide network of accounts and banking facilities we can deposit and clear checks payable to your name in over 30 currencies. You have access to your funds quickly, usually within 24 hours. The combined volume of checks in any given currency allows NCMS to negotiate rates that are lower than clearing foreign checks through your local bank.
The Advantages
- Accept checks in virtually any currency payable to your business or registered “doing business as name”.
- Allowing customers to pay using a local currency check can lift direct mail response rates by up to 200% in some countries.
- Improve cash flow through rapid payment – no need to wait up to 8 weeks for clearance of foreign items.
- Save money over clearing foreign items with domestic banks.
The Process
Checks and Postal Orders can be sent to us in batches, as often as necessary, straight from your order processing, lockbox or fulfillment centre. Sending batches via international courier is easy and poses no significant delay to processing.
For US checks, we also offer remote capture and deposit. Simply scan checks using a scanner provided by our partner and send batches of payment information electronically for payment.
Still Not Sure?
If you’re not sure which solution is the best one for your business please fill out a Contact Request form and an NCMS agent will contact you shortly. For immediate assistance, please contact us toll free at 877-370-9645.
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