Participating in the global economy offers immense opportunity to expand a business. With it comes international receivables. CXI stands ready to help navigate corporations through clearing foreign checks by streamlining the process to minimize conversion costs and time. With the wrong provider, this task can be arduous and even turn businesses away from profitable markets.
The CEIFX online software provides a comprehensive platform for clearing foreign checks. CEIFX automates the foreign check clearing process for more than 80 countries and their currencies with Smart Check Identification which automatically detects if a check should be sent on Collection or as a Cash Letter. CXI can clear most foreign denominated checks with ease, as well as USD checks drawn on foreign banks, better accommodating customers’ needs in an increasingly globalized economy.
A dedicated trader and experienced support team provides businesses a roadmap to successfully start or optimize their international payments through financial and operational efficiencies.