Mellon introduces IDeal Forex enhancements

First Published: e-Forex Magazine 21 / News / October, 2005

Mellon Foreign Exchange has unveiled the latest enhancements to its IDeal Forex online trading platform. IDeal Forex can now process an unlimited volume of international transactions. It accepts desktop, Web file upload and file transfer deal entry, and enables users to remit payments by SWIFT, check and EFT; often referred to as international ACH.The improvements are intended to broaden a corporation’s electronic FX capabilities and may be used for vendor payables, claims payments, payroll/pension obligations and beneficiary remittances. Extensive reporting features include payment tracking, access to more than 120 standard reports and custom reporting upon request, at no extra cost. In addition, users can benefit from bulk pricing and bulk payment features.“These enhancements are designed to save customers time and money, and significantly increase efficiency,” said Frank Cook, Electronic Sales manager with Mellon FX. Our goal is to continually enhance our clients” electronic...continued

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