Sending and receiving foreign payments affects almost every subset of the wine & spirits industry. From importing, exporting, equipment purchasing, and even vineyard acquisitions, we’ve designed a custom solution uniquely suited for this truly global industry.
Importing product and equipment such as barrels represents some of the largest expenses to a growing company. We’ve taken the time to understand the finer points of these niche industries, and we’ve designed custom solutions to meet the needs of wineries, importers, coopers, and everyone in between.
Due to our extensive international banking network, we are able to send payments in over 140 currencies to over 235 countries while reducing fees, ensuring your payees receive their entire payment.
AFX now offers virtual currency accounts to further simplify the exchange process. Virtual accounts are in your name, allowing you to receive foreign currency payments without a local area presence.
We tailor our systems to match yours. Our technology, combined with our highly-experienced team of payments experts, ensures payments are routed and delivered in the most efficient way possible.
From day one, we’ll assign you a dedicated foreign exchange expert who is always available to provide you with guidance and support in currency movement and payment flows. No waiting on hold and no call centers: you’ll have one point of contact with in-depth knowledge of the wine & spirit business whenever you need them.
Just one error can create big delays. Our Payee Intelligence™ tool preemptively prompts users to enter information correctly, ensuring information is error-free before payments are submitted.
Tony Valente, Senior FX Trader, discusses how to create a foreign exchange payments risk reduction strategy.
Dan Caputo, AFX Vice President of Global Payment Solutions, discusses how building partnerships with FinTech companies and third-party service providers can allow credit unions to offer more innovative products and services.
Canadian Business
What the franchise industry can take away from the food delivery app wars - by Victor Hinojosa, VP of Partnerships
Our CEO Jason Mugford writes about the most disruptive payment trends to watch for in the Payments Business Magazine
Our VP Global Payment Solutions, Dan Caputo discusses the power of collaboration between financial institutions and fintech companies with Payments Journal.
Our VP Global Payment Solutions, Dan Caputo was featured in Wisconsin Banker where he talked about the benefit of partnerships.
Mobility™ - Magazine of Worldwide ERC®
How to Control Cost through Customer-centric Payroll solutions. Technology and processes that provide procedural efficiency and employee confidence. By Mike Shamburg, VP Global Payment Solutions.
This column is part of the Globe Careers' Leadership Lab Series
Global Banking and Finance
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To our valued clients and partners:
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