SIMPLIFIED BUSINESS PAYMENTS

MAKING INTERNATIONAL
PAYMENTS SIMPLE
Travelex Global Business Payments is a business division of Travelex. We are the world’s
leading provider of international payments, with trading floors on four continents,
operations in over 30 countries and partnerships with over 4,000 financial institutions.
As well as being a known and trusted brand, we are Specialists in payments Businesses trust Travelex
a truly global operation with payments experts all over Travelex’s growth is based on exceptional More than 30,000 businesses trust us to
customer service and specialist handle their international payments to over
the world handling payments to virtually anywhere, knowledge. Unlike the high street banks, a million people every year.
in any traded currency. we are specialists in foreign exchange
Our innovative payment technology
and international payments. We have a
platforms ensure that we provide
thorough understanding of our customers’
unrivalled accuracy for our clients’
needs, so we can tailor our services to
payments, and we were delighted to win
match your requirements.
the Bank of New York Mellon Award for
We pride ourselves on our level of service accuracy for our payments service in 2007.
and we work hard to earn the trust of
We have tailored industry solutions for law
our customers. Our dedicated dealers
firms, financial institutions and universities,
and local customer service team are
to name but a few.
at the end of the phone if you have any
queries, giving you a direct relationship Our charges and fees are transparent.
with a global payment specialist who We offer competitive rates and all fees are
understands your requirements. stated in advance.
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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At Travelex, we make global payments easy for any business.
We specialize in implementing customized payment solutions
that allow you to spend less time managing your payments,
and more time managing your business.
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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GlobalPay interfaces directly with your internal systems to eliminate
inefficiencies and to speed up your payment process.
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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STREAMLINING THE PAYMENT
PROCESS
At Travelex we believe that making and Helping you to expand your business Reducing the risks and costs
receiving payments should be simple, globally and strengthen relationships associated with business payments
quick and accurate, which is why we have with suppliers
With GlobalPay, you can now manage all
introduced GlobalPay, our intuitive online
With GlobalPay you can access prices in your business payments (both domestic
payments system.
local currencies quickly and you can and international) and take advantage
GlobalPay interfaces directly with your make and receive payments without of low cost payment options, as well as
accounting, treasury or ERP (Enterprise opening and maintaining different incoming checks or wires.
resource planning) system, to eliminate currency accounts.
At a glance, GlobalPay allows you to pro
inefficiencies and speed up your payment
Tracking Payments actively manage your currency exposure
process.
for payments that are coming up. On a
GlobalPay keeps you informed. You can
It allows you to manage all your single screen you can see your scheduled
track your payments through the system,
international and domestic payments incoming and outgoing payments across
seeing the status of any payments easily.
using a simple single point of entry all currencies, allowing you to make
We will also email your beneficiaries as
system, saving you time. decisions about your cash flow and
soon as your payments are released
currency exposure quickly and easily.
to them.
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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4
UNDERSTANDING
THE PAYMENT ISSUES
A recent survey of high level financial executives Many companies will relate to the following issues:
revealed that on average, companies juggle six Global cash management Payment errors
foreign currency accounts. So it’s not surprising • Exposure to currency fluctuations • Errors are not detected quickly.
on incoming or outgoing funds.
that one-third of companies reported they have • Multiple currency conversions
• Lack of visibility of incoming and during error resolution.
frictional or idle cash tied up in those accounts. outgoing payments.
• Time spent correcting beneficiary
The facts • Poor understanding of hedging information.
products.
• 40% of businesses surveyed process international payments manually
through methods that aren’t integrated with their ERP
or accounting system(s).
• 13% of the sample either call or visit their bank(s) to process payments.
• 25% of businesses are using multiple online bank platforms.
GlobalPay helps you to manage Using GlobalPay can reduce
risk and make informed decisions payment errors significantly
All statistics referenced were generated through a spring 2008 Travelex
Global Business Payments survey of Treasury and Risk Magazine readers
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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Cost Delivery and receipt Payment tracking
• Final costs only established after • Not all payment types are supported • No automatic reconciliation of foreign
the transaction has completed. by existing systems. exchange transactions.
• Lack of transparency of costs • Not all currencies available. • Lack of visibility of released and
and fees. cleared funds.
• Delay in clearing incoming funds.
• Loss of interest on international • Time intensive manual tracking and
• Unclear when payments are received
payments. chasing.
and cleared.
• Lack of payment information for
suppliers.
We are committed to low, GlobalPay makes delivery and receipt GlobalPay provides an
simple and transparent pricing of funds quicker and more visible end-to-end tracking system
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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UNDERSTANDING
THE PAYMENT ISSUES
How does GlobalPay work? Making payments quick and easy Helping your business to save time
and resources
It’s quite a simple concept. We have Your beneficiary details are stored within
an intuitive, secure, web-based online GlobalPay making it quick and easy to set GlobalPay eliminates the need to use
payments system that you log into to up your payments, and it has a unique multiple banking systems and the need
make and receive payments in any ‘Find a bank’ search facility. to hold foreign bank accounts.
traded currency. You simply schedule all of your payments
GlobalPay holds details of your payments
and receivables through a single
This online system, with a single and balances of currencies so it’s easy
Travelex account.
interface, can manage all types of to see when you need to increase
payments; incoming, outgoing, domestic, your currency balances to fund future
international, electronic wires and drafts. payments.
You can also fund your payments from That’s not all. GlobalPay has a unique
multiple bank accounts, using your track-and-trace facility that means
Travelex GlobalPay account to hold that your payments are fully trackable
balances for up to 90 days. through the process. And our ‘Pay Alert’
service provides your beneficiaries with
Alternatively, we can integrate GlobalPay
notification the moment a payment is
into your own accounting or ERP system
released.
so that it becomes part of your workflow.
We work with the leading software GlobalPay will determine the most efficient
vendors: SAP, Oracle and Peoplesoft, route for your payments - either the
for example, to coordinate payments international SWIFT network or our global
services into a single workflow. network of bank accounts to make sure
payments are fast and accurate.
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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UNDERSTANDING
THE PAYMENT ISSUES
How we compare
Scheduling Payments
Payment Services Bank Travelex
You can retain foreign currencies for up to 90 days to fund future payments in that
Single point of entry system for multiple types currency. This means you can save money because you won’t need to convert your
of payments overseas funds to dollars, and then back to the foreign currency again when you need to
make further payments.
Web based online system that can integrate
with your own ERP or accounting system GlobalPay eliminates the need to maintain costly multiple banking systems and foreign bank
accounts. You simply schedule all of your payments through a single Travelex account.
Pro active error prevention tools
Global payments specialists in-country MANAGE HOLDING BALANCES
View Balances Only | Include Pending | View Forwards | View Scheduled Payments
Expected Release Detailed View/
Pay Alerts for beneficiary Currency & Transaction Description Confirmation
or Available Date
Amount Balance
Modify
CHF - Swiss Franc
Current Available Balance 0.00
Upfront pricing tools JOHN SMITH UCP3000001_001 18,000.00
Current Book Balance 18,000.00
EFG INSURANCE COMPANY USP1002205_008 16/05/2008 (5,000.00) 13,000.00
Full visibility of cashflows in and out (SWITZ)
MOTOHAUS MOTORRAD USP1002205_010 16/05/2008 (7,000.00) 6,000.00
CAFE - ST MORITZ
USP1002205_009 25/06/2008 (6,000.00) 0.00
Simple beneficiary management system Ending Book Balance
0.00
EUR - Euro
Full track and trace facility for you and your Current Available Balance 0.00
customers/suppliers PETER JONES UCP3000001_001 11,500.00
Current Book Balance 11,000.00
FAST RACING CIRCUIT USP1002205_005 05/05/2008 (2,500.00) 9,000.00
BARZINI CUSTOM
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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We provide at-a-glance information and access to market reports to
help you make informed decisions about when to place your orders.
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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TAILORED TO YOUR
BUSINESS
Make or receive payments to suit International Payment Services There are two types of forward
your business needs contract: fixed and open.
When you make or receive an international
We provide at-a-glance information and payment and wish to convert the funds A fixed forward is useful if a payment has
access to market reports to help you into another currency, there will be a to be settled on a particular date or if
make informed decisions about when to foreign exchange transaction. there’s a balance-sheet hedge (where the
place your orders to take advantage of risks are reduced by translating balance-
The transaction can either be booked as
the prevailing exchange rates and how to sheet assets and liabilities into foreign
a ‘spot’ deal or as a ‘forward’.
schedule your payments accordingly. currencies).
A spot deal is a booked transaction used
You choose how you want to deal with us; An open forward can be used if a series
to secure the prevailing exchange rate of
over the phone, online or by fax - whatever of payments in the same currency are
the day. A price can be quoted either over
suits you. planned over the course of a year. So,
the phone or online, and your order is
if you have future payments to be made
placed immediately.
in foreign currency with no particular
A forward contract is an agreement to settlement date, Travelex has the ability
buy or sell an amount of foreign currency, to price an open forward contract
locking in today’s rate, for payment up to comprising of two dates whereby partial
one year in the future. or full delivery of the amount booked can
be taken between the two agreed dates.
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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YOUR QUESTIONS ANSWERED
Q. How can I save time inputting Q. My company has multiple payment FIND A BANK
Search using bank details or an IBAN
payment data and reconciling systems, ERP systems and IBAN:
Or
payment information? accounting software for different Country: Canada
types of payments. Won’t it be too Routing Code/SWIFT:
A. GlobalPay’s ‘Find a Bank’ facility Bank Name: toronto dominion
difficult to introduce your system City: toronto
allows you to search for beneficiary Address: 1 king st
as well?
bank details with only a few pieces of State/Province:
Search !
information. Once correct details have A. No, GlobalPay has been designed Select a bank branch and press save
Local Bank Routing Bank Routing
been located, the empty fields will be to work alongside multiple systems, Select Bank Name Address City State/Province Code Code SWIFT
TORONTO DOMINION
1 King St W Toronto Ontario 000410252 000410252
automatically populated, so you can simplifying the whole process for you. BANK
TORONTO DOMINION
1 King St W Toronto Ontario 000410492 000410492
BANK
input new payment details very quickly. TORONTO DOMINION
1 King St W Toronto Ontario 000410042 000410042
Q. How can my company reduce BANK
(see figure 1) TORONTO DOMINION
BANK
381 King St W 3Rd
Fir
Toronto Ontario 000410202 000410202
the number of queries we receive Page 1 of 1 1–4 of 4 Rows/Page All
from beneficiaries chasing their Save !
In many cases, GlobalPay removes
payment?
the need to key in data manually as it
can accept an automatic file upload A. When you make a payment, GlobalPay
from your accounting system so you sends a notification email to your
can handle large or small volumes of beneficiary so they know it is on its way.
payments quickly and efficiently. It’s called our ‘Pay Alert’ service.
Figure 1 - GlobalPay’s ‘Find a Bank’ facility allows you to search
What’s more, the system prepares for beneficiary bank details with only a few pieces of information
reconciliation statements that are
configured to automatically reconcile
into your accounting or ERP system
so you can improve your compliance
process.
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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Q. Most banks can’t tell me how Q. How can I improve my company’s E-mail | Logout English
HOME | PAY TODAY | INCOMING FUNDS CASH MANAGEMENT PENDING ORDERS | REPORTS | BENEFICIARIES | CONFIGURE | INVESTIGATION
much my international payment will cash flow and manage currency Manage Holding Balances | Marketlink | Buy into Holding | Buy Forward | Schedule Payments Out of Holding | Schedule Payments from incoming Funds
cost me until after I have made it. exposure? Back Save
EUR/GBP for 60 days 4/29/2008
Adjust Markup
5.2
Email
joe.smith@travelex.com
Why is Travelex different?
A. GlobalPay’s simple, online system Proposal for SC9644 - ABC SuperCars
Tuesday, April 29, 2008
SM
The power of market knowledge
A. Travelex believes in up-front pricing. We clearly shows all of your incoming and Recent EUR vs. GBP Activity
charge a modest fee per transaction. outgoing payments on a single screen. 0.813875
0.800938
Rate in GBP
There are no hidden charges and Our reports and market data help you 0.788000
0.775063
0.762125
you will know exactly how much a to manage your currency exposure,
29 Feb 2008
5 Mar
11 Mar
16 Mar
22 Mar
28 Mar
2 Apr
8 Apr
13 Apr
19 Apr
25 Apr 2008
transaction will cost you upfront. and our team of experts are always on 29 February, 2008 Through 25 April, 2008
hand. (See Figure 2) Target: EUR Spot Settlement Proposal
Q. How can I guarantee my payments Settlement: GBP
Amount
Rate
14,000.00 0.756802
Amount Amount
10,595.23 11,209.75
Number of Days: 60
will get through? Markup:
Comments:
5.8%
Contact your Account Representative to plan your payments.
A. As a payments specialist, our pro active Whitebrook Park, Lower Cookham Road, Maidenhead, Berkshire, SL6 8XY • 0845 880 0400 • +44 (0)1628 766 200 • Fax: 01628 766222
solutions eliminate the most common The information contained herein is collected from sources believed by us to be reliable,
however, we cannot guarantee it to be free from errors. The information presented on this
page is not an offer to buy or sell any currency. Historical performance is not a guarantee of
future performance or results.
issues. Our system looks at incorrect Global Business Payments
© Copyright Ruesch International, 2008
account names, remedies errors in
routing codes and immediately uploads
any corrections.
Figure 2 – Market data online
With GlobalPay, transactions can be
tracked by both you and your beneficiary
using the ‘Payment Tracker’ facility.
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

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GREAT RESULTS
Since implementing GlobalPay, our single point of entry payment Emirates Tours UK use Travelex’s International Bank Drafts to
solution one of our customers has reported that staff productivity
their suppliers in the Middle East and Far East along with the
has improved dramatically, saving over 400 man hours per month
and other costs adding up to more than $750K per annum. online service. They have been customers of Travelex for over a
year and they conduct on average fifteen to twenty transactions
a week. The reason why they have chosen Travelex over other
currency exchange suppliers is because Travelex offers user friendly
systems, with pre-set procedures that enable a smooth process of
transactions. In particular, Emirates Tours UK also identify Travelex
as providing a helpful, efficient and friendly service.
“We have been working with Travelex for over a year and have
experienced no problems or difficulties. We would recommend them
to any travel company for their Foreign Exchange Dealings.”
Emirates Tours UK
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

CONTACT US
Over the phone Online By E Mail
To become a client or request a sales To find out more information or sign E mail us at: contactTGBP@travelex.com
visit, please call us on (866) 456-3963 up to GlobalPay, visit us online at:
www.travelexbusiness.com
Phone: (866) 456 3963 | E-mail: contactTGBP@travelex.com | www.travelexbusiness.com/na

© 2008 Travelex. In the United States, services will be provided by Travelex Global Business Payments, Inc.
In Canada, services will be provided by Travelex Canada Ltd. For a list of U.S. state licensing,
visit www.travelexbusiness.com/na/about/compliance