Cross Border Payments

cross-border
Mary Jacques and her husband are the franchise owners of Paul Davis Restoration Inc. in Essex, Ontario.  With more than 370 locations within North America, Paul Davis is the restoration specialist for mold removal, water damage restoration, fire damage clean up, contents cleaning, or any other restoration services.

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Mary Jacques is not only a part owner of Paul Davis, she is also the Officer Manager.  Mary has been using Telpay since 2006 for for payroll, government remittances and supplier payments.  In addition to paying her Canadian suppliers, several times a year, Mary uses Telpay for Business to pay invoices from her suppliers in the United States. Instead of dealing with costly wire transfers, Mary takes advantage of Telpay’s International Payments feature and pays her US invoices electronically for only $2.00 a payment (plus the exchange rate). Mary shared, “I like the convenience and simplicity of Telpay to pay my US invoices.”

Mary gets instant competitive USD rate quotes anytime from Telpay’s International Currency Exchange partner, Payline by ICE. She can review and approve payments, then retrieve and accept the exchange rate quote. Telpay deposits the funds into the identified account within 48 -72 hours and notifies the international supplier being paid. Mary stated, “by using the International Payments feature, I can pay my US vendors without having a US bank account.”

Does your company needs to make payments from a Canadian bank account to an international bank account?  Contact Telpay to learn more about our International Payments feature.