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Maximize Opportunities
Outsourcing with FXPartner™

  • Increase FX fee income
  • Improve processing efficiency
  • Retain key customer relationships
  • Disintermediate correspondent banks

with a web-based service that's easy to set up, simple to use, and maintenance free!

FXPartner™ from NewMarkets International makes it possible for any bank, regardless of size, to treat foreign exchange (FX) as both a profit center and a competitive advantage. Our goal is to help you: 1) provide foreign exchange services with a minimum of expense and administration; 2) use FX as a new revenue stream; and 3) safeguard your most valuable customer relationships.

This Internet-based service with its intuitive design requires no installation, maintenance, or special training. FXPartner's powerful encryption and security features ensure that your customers' transactions are completely safe. You can even set up your branch offices with FXPartner, while maintaining centralized control, thus further streamlining the process. And FXPartner's targeted reporting capabilities give you fast access to customer data, whether to research information or track customer profitability.

How Does FXPartner Work?

GETTING STARTED

  1. Create user profiles, passwords, and authorization levels.
  2. Specify your funding source account.
  3. Set up any initial customer DDA information, plus the associated beneficiary data.

TRANSACTIONS

  1. Click on the "Transaction Request" button and select "New".
  2. Choose DDA and beneficiary accounts, specify currency and amount.
  3. As required, have an authorizer approve the transaction.
  4. Click on "Submit".

SETTLEMENT

  1. One consolidated drawdown for all your transactions in a day is made by NewMarkets.
  2. Funds are delivered to the specified beneficiaries with standard value dating.
  3. You receive a reconciliation report for all your DDAs that traded that day.
  4. Private-labeled confirms for your customers take one click to produce.

And what about rates? Call us today at 1-800-272-8339 or send us an email at info@fxpartner.com for the full story on how to maximize your FX profit potential while streamlining your work

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