Online Service

In addition to the one-to-one personal service at Cambridge, you can also use our online services to book a deal, make international payments and hold Multi-Currency Accounts. Along with our attention, CambridgeFX Online gives you the convenience of doing business online when time is not on your side.

As your Global Payment Service Provider, Cambridge provides your company with the tools to reach your customers worldwide with CambridgeFX Online. By implementing this powerful online platform to extend your business efficiency, you will find that you can better service your international customers as well.

There are three main components to Cambridgefx Online:

  • Foreign Currency Exchange
  • Multi-Currency Accounts
  • Global Payments

Foreign Currency Exchange

Booking a deal has never been easier than going online. You choose the currency and amount and you will get an instant quote that’s in real time. Choose between Spot and Forward deals.

If your company requires audit controls, we can implement a two-tiered system where the person who requests a quote will need the approval of a second person within your company.

More importantly, if you are not yet an online member and thinking of doing so, you will also have the added benefit of eliminating faxes and transmission errors. All confirmations of transactions are automatically generated - you will get an email notification instantly, outlining the transaction recorded online. All transactions are archived for your convenience to view anywhere at anytime.

Multi-Currency Accounts

One of the many advantages of holding a Multi-Currency Account is that it allows you to hold foreign currency in an account for future disbursement. If you need a particular currency to pay several clients, you can “fund” or “pay” for several transactions, such as wires or drafts, from this one account. This is how you can divide and split settlements among multiple parties.

If you feel the market rates are in your favor, you can purchase more currency than is presently required and still use the excess for future disbursements. Just hold the exchanged currency in a Multi-Currency Account for future requirements.

You may also want to transfer funds from another account and let Cambridge transmit the specified amount to the beneficiary. Another great feature is that you can view your account balance 24/7 ---- and the accounts are always updated to the USD equivalent for your convenience.

Global Payments

This module offers a comprehensive solution to easily manage your incoming and outgoing transfers and fx deals from your Multi-Currency Accounts. Some of the most popular features you will find on www.cambridgefx.com include the ability to:

  • Execute Foreign Exchange Transactions (Spot and
    Forward deals)
  • Send Wire and Draft Payments (in any currency)
  • Receive Wires or Draft Payments (in any currency)
  • Create and Edit Wire and Draft Templates
  • Store a Template Library
  • Track Transaction Status in Real Time
  • Receive Transaction Event Email Notifications
  • Activate Customer Dual or Single Control Option
  • Collaborate and Share Information with other
    parties involved in a transaction

This process of Global Payments may be accessible from multiple locations as well as shared among multiple locations. A simple email notification setting allows multiple users to be notified when a process (such as a wire) moves from initiation to completion.
Whether you are sending or receiving a draft or a wire, in any currency, let Cambridge facilitate and make the process easy and convenient for you.

Integration and Training

Your business can now expand its global reach, reduce processing costs and be up and running within days of contacting us. We provide all the necessary training and advise you on any relevant issues regarding the set-up process. Since you just “login” from the Internet, there is no software to download and it’s very user friendly. Give us a call at 1-800-374-8077 and see for yourself!

Service and Security

Being online also means that an account representative will be assigned to you. You are still entitled to the excellent service our customers have come to expect from Cambridge.

Your own personal account representative is still just a phone call away to help you with any online matters or market information requests that you may have.

Your security and privacy is essential to us. All information online is transmitted through 128-bit secure encrypted lines and we have instituted strict company policies to ensure that your privacy and security is always protected. Please see our website www.cambridgefx.com for further details.

Copyright 2007 Cambridge Mercantile Group. All rights reserved.