Payments
International payments
Benefits and limitations
2 min
international payments introduces a new dimension to our bank payments offering, enabling you to send and receive international payments benefits international payments with cross river provide expanded reach international payments seamlessly connects you to a robust network of correspondent banks worldwide, expanding our reach to 22 countries and accommodating 9 currencies integration simplicity international payments effortlessly integrates with our existing domestic payments framework, creating a plug and play solution for outbound payments across the globe versatile processing options international payments are available through api integration, interface, and file ingestion you simply provide payment information, and we take care of the entire end to end processing cost efficiency you don't incur a domestic wire fee as a part of your transaction, enhancing cost effectiveness accelerated processing international payments ensures faster processing compared to using a domestic partner bank, streamlining the payment workflow for increased efficiency fast delivery for key currencies certain currencies, such as euro, gbp, and cad, can be delivered as early as the same day and guaranteed for next day delivery, ensuring timely and efficient transactions limitations the following limitations currently exist for international payments at cross river we only provide outbound capabilities in the future we'll support inbound payments as well exclusively for entities based in the united states only used by business entities (payers), covering both business to consumer (b2c) and business to business (b2b) scenarios no support for transactions related to cryptocurrencies or gaming activities no foreign exchange (fx) wallet holding capabilities no remittance payments