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Home > SMEs > FX payments > AFEXDirect

AFEXDirect for SMEs

 

 

AFEXDirect is our online solution for SMEs wanting to manage their FX payments. The solution provides you with access to your foreign currency balances 24/7.

 

It’s free and very easy to use…

If you would like to open an AFEXDirect Account, simply fill in your details and we will get you set up in no time.

 

Why use AFEXDirect?

When you choose AFEXDirect, you can enjoy the following features:

 

  • Create and execute Spot Transactions and Forward Contracts.
  • Pay beneficiaries by Wire Transfer or Bank Draft.
  • Choose from several different settlement methods including Wire Transfer, CHAPS, BACS, check and multiple settlement accounts direct debit.
  • Plan and manage cash flow with separate totals of currencies purchased and scheduled payments for future release dates.
  • Set user specific permissions and access rights with a multi-tiered approval process.
  • Access the platform in various languages, independent of your location.
  • Get automatic verification of beneficiary banking details for proper payment format.
  • Full adherence to international banking and compliance requirements.
  • Generate comprehensive transaction reports.
  • Process multiple payments in one simple step through our integrated file upload.
  • Take advantage of incoming payment services with foreign funding balances and cross currency functionality.

 

Get in touch

If you would like to open an AFEXDirect Account, please get in touch.

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Associated Foreign Exchange (AFEX) is licensed as a money transmitter and regulated by the State of New York Banking Department. AFEX is licensed by the State of California and regulated by the Department of Financial Institutions.