Asking The Right Questions In Cross-Border Payments

Monday, November 30, 2015

B2B corporations that conduct business overseas and across borders probably don’t know all the nuts and bolts behind how their money gets to a faraway recipient. But according to Greg Leven, maybe they should find out.

Leven, vice president of global payments at payments company INTL FCStone, knows that while most companies depend on their banks to handle their cross-border payments needs, corporate treasurers and money managers aren’t asking the right questions about how money moves, and it’s costing them.

“A lot of folks think that their current payment provider, whether it be a company or a financial institution, does a payment directly with everyone in all countries,” Leven recently told PYMNTS. “And that’s not the case.”


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Unless otherwise noted, the posts on this blog should be construed as market commentary, merely observing economic, political and/or market conditions, and not intended to refer to any particular trading strategy, promotional element or quality of service provided by INTL FCStone Inc. or its subsidiaries. INTL FCStone Inc. is not responsible for any trading decisions taken by persons viewing this material. Information contained herein was obtained from sources believed to be reliable, but is not guaranteed as to its accuracy. These materials represent the opinions and viewpoints of the author, and do not necessarily reflect the viewpoints and trading strategies employed by INTL FCStone Inc. or its subsidiaries. Reproduction without authorization is prohibited. All rights reserved.

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