Automated FX
Our internet based electronic Foreign Exchange (FX) system, IDeal Forex® is fully integrated with The Bank of New York Mellon's Global Markets, and can be accessed through iTelecash,® The Bank of New York Mellon Treasury Services' Web-based information reporting and transaction initiation service. This efficient tool provides straight-through processing and lets you:
- Have access to online, real-time FX rate feeds
- Buy and sell foreign currencies
- Issue wire transfers or drafts
- Hedge up to one year in the future
- Make cross-currency exchanges
- Immediate electronic confirmation of all trades
- Maintain controls over your dealing; including individualized passwords, dual authorizations, and complete repetitive payment module
- Access to a proprietary report-writer system