As more and more people decide to emigrate overseas for their retirement, efficient and cost effective international pension payments have never been more important for Pension Funds and administrators. Problems can include complicated overseas bank instructions, manual processing of payments and costly overpayments to non-entitled beneficiaries. Our solutions help to eliminate these challenges, whilst ensuring your members expectations are met.
Help deliver your members’ pensions on time and in full to meet their expectations.
Validation of your member banking data optimises payment success rates.
Reduce your exposure to fraud by mitigating the risk of paying non-entitled beneficaries.
Quick and easy access to bespoke reporting suites reduces time spent on payment queries.
Unique payment referencing speeds up reconciliation of returned funds.
Automated approval models ensure member data processes are compliant.
Minimise foreign exchange loss with access to multi currency holding balances.
Improve service to your members with automated payment notifications.
"We are now able to provide outstanding customer service for our overseas pensioners as we are able to respond to any beneficiary enquiries in an impressively efficient manner. We were also very impressed with how efficient the migration to their payment platform was - they took care of the work so it was in no way resource heavy." Esmond Hamilton, Financial Controller, Lothian Pension Fund
Talk to a specialist to discuss your international payment or foreign exchange needs.
Find out how we can help you implement efficient and cost effective international payroll.