FX Solutions for Claims Management
We understand that when dealing with overseas insurance claims, the funds that you
send are of vital importance to your claimants’ continued well-being. For example,
a claimant may be stranded in a foreign country, and needs funds to get home, or
may have been injured on holiday, and is unable to get medical treatment without
We can provide you with an online payment solution that will allow you to send funds
quickly and reliably to claimants in desperate need. By offering payment in over
currencies, including several exotic currencies, we can help you to send funds to
some of the most isolated parts of the world.
In addition, our foreign exchange specialists will work directly with your organisation
to help develop an effective risk management strategy that will help minimise your
firm’s currency risk exposure; enabling you to ensure that you are making the most
your claimants’ valuable funds.
Streamline Large Volume Claims Processing
Western Union® Business Solutions' online platform,
GlobalPay, is well suited to the needs of companies managing large volumes
of payments, and its flexible file interface [link to fx360] allows you to upload
a single file into the system, containing all of the necessary remittance information.
Once the payments have been processed, this file will then automatically reconcile
back into your accounting system. Our file system enables full integration of your
ERP, accounting software or Treasury Management Systems - without any IT development
on your end, or significant business process changes.
Find out more about how we can provide you with an online payment solution that
will allow you to send funds quickly and reliably to claimants in desperate need.
Contact Us Today