Making International Payments Electronically

Key Bankline features

• Simple online registration process
• Powerful local administrator system and payment controls
• A powerful, comprehensive domestic payment engine
• A large range of submission options to suit your business needs e.g. file import or keying directly
• Select the payment processing cycle (same day or standard) that best suits your business needs
• Increased security through Dual Authorisation
• Monitor the real time status of payments
• Drive administration efficiencies by creating and storing beneficiary templates and "bulk lists" for regular payments for future re-use
• Direct link to our online foreign exchange Trade platform UB Trade for currency rates

Key benefits

• Enhanced cash flow - as funds are received from abroad as quickly as possible
• Cost effective - our electronic payment transaction fees are cheaper than paper-based payments
• Less paper work - cut the administration involved in handling paper-based payments
• Real Time Visibility - Monitor payment status real time online on the Payment Summary Bankline feature
• Later cut off times for electronic payments than paper payments e.g. Single European Payment Area (SEPA) Next Day Value payments
• Paper cut off time is 1:30pm
• Bankline cut off time is 4:30pm

View our Bankline section for further details.