EastPay Teams with NACHA, Fed, SWIFT on
Principles of International Payments
September 17, 2010 01:07 PM Eastern Daylight Time
RICHMOND, Va.--(EON: Enhanced Online News)--EastPay, in conjunction with NACHA – The Electronic
Payments Association, the Retail Payments Office of the Federal Reserve System, and SWIFT, is hosting ‘Principles
of International Payments’ in Richmond, Virginia on October 5 – 6. This two-day program covers international
payments concepts, processes, risk issues, and program offerings, including SWIFT, FedGlobal ACH, and foreign
exchange, delivered by international payment systems experts from the hosting organizations.
The Principles of International Payments program provides an overview of the global payments industry that equips
attendees to develop international payments offerings to grow their organizations’ bottom lines. The program
provides an understanding of the basics of international payments and developing a business case for offering these
services to an organization’s customers. Attendees will:
l Gain an awareness of the role international payments can play in expanding business;
l Acquire practical tools and resources that enable application of newly-gained knowledge to real-world
scenarios and business case development.
Day one addresses the basics of international payments, including payment types, settlement, and foreign exchange.
Risk, OFAC compliance, and anti-money laundering issues will also be covered. The second day of the program
provides attendees with a variety of tools and resources, as well as the opportunity to interact with and question the
instructors. Attendees will also learn about developing a business case for international ACH, and how to implement
international ACH services.
The Principles of International Payments program is crafted for forward-thinking payments professionals from
financial institutions and businesses, who realize the value of expanding their knowledge base in order to advance
their organization’s busi