Cashflows, part of the Voice Commerce Group and provider of payment solutions, has become a member of SWIFT.
Cashflows says joining SWIFT gives it centralized and standardized reporting, including the ability to receive intraday and per-movement reporting; increased efficiency in sending payment instructions; increased reach of territories and currencies supported; improved communication with banks via SWIFT Free Format messages, which aids in resolution of queries, tracking and tracing of funds; improved account opening process; direct access to interbank transfers; and harmonization of banking applications.
“We are delighted to become a member of the global SWIFT community, says Nick Ogden, CEO and founder of Cashflows. This will allow us to provide faster and more secure payment facilities and underline our commitment to developing our Cashflow account as global solution for our ever increasing business customer base.
(CG)