FedGlobal ACH

FedGlobal ACH Payments offer an efficient means for sending cross-border ACH credit payments to 35 countries around the world, plus debit payments to Canada only.


Link to external site : Website for FedGlobal ACH
FedGlobal ACH
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A range of foreign exchange options allows financial institutions to take advantage of the efficiencies offered by FedGlobal ACH Payments.

Fixed-to-Variable (FV): U.S. dollars are converted to a variable amount of destination currency based on a competitive exchange rate. Settlement is between participating U.S. financial institutions and the Federal Reserve Banks in U.S. dollars.

Fixed-to-Fixed (FF) – USD to USD: Payments are both transferred and received in U.S. dollars. Settlement is between participating U.S. financial institutions and the Federal Reserve Banks in U.S. dollars.

Fixed-to-Fixed (FF) – Foreign currency to foreign currency (also known as F3X)

Payments are both transferred and received in foreign currency. The foreign exchange rate and settlement is managed and processed by participating U.S. financial institutions and the respective foreign gateway operators via their foreign correspondent banks.

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