Wirexend and Onpex partner on multi-currency cross-border payments
Onpex has partnered with Canadian financial institution, Wirexend. The partnership will see Onpex provide Wirexend with a seamless cross-border solution to offer its customers access to accounts with SWIFT and SEPA transfer capabilities. In addition to facilitating international transfers, Wirexend will be made bankable through Onpex.
Wirexend partnered with Onpex to give their customers direct access to IBAN accounts with SWIFT and SEPA payments. This enables the Canadian financial institution to enter the European market.
Wirexend is integrating Onpex’ Banking-as-a-Service (BaaS) platform via flexible application program interface (API) to offer automated access to international payments. The Canadian financial institution also benefits from Onpex’ multi-currency IBAN accounts and foreign exchange (FX) capabilities. These banking and payment features ensure that Wirexend’s customers can convert funds within their account and make payments in multiple currencies, including euro pound sterling and yuan. In addition to multi-currency management, attaching IBANs to Wirexend’s accounts will make the sending and receiving of funds more secure and easier to reconcile.