Announcing Rapyd’s APAC Treasury Solution: Built to help cross-border businesses simplify their global finances.
It’s been a whirlwind of adoption since we announced our newest product, a multi-currency Treasury Solution for APAC-based businesses, at Singapore Fintech Festival (SFF) in November. This new solution is a collection of cash management features that work together to optimize the cost and efforts of your global payment operations. It was developed to help businesses engaged in cross-border finance save time and money.
With this multi-currency solution, global firms domiciled in the Asia-Pacific region can carry out fund management without having to go through the complexity, frustration and additional costs associated with the handling of different banking relationships, payment providers, and fund flows across countries and currencies.
Rapyd’s Treasury Solution allows businesses to simplify their global finances. Empowering CFOs, treasurers and controllers to better manage liquidity, balance currencies, mitigate currency risk and scale their treasure hub in Singapore.
Watch Rapyd VP Joel Yarborough Announce the New Treasury Solution at SFF
Rapyd’s Treasury Solution helps companies achieve costs that are 70-90% lower than conventional methods.
These results are achieved by lowering the number of wire transfers, decreasing fees, offering competitive FX rates, and optimizing fund collection and disbursement operations. It also eliminates the need to open and manage multiple overseas bank accounts.
Well-suited to businesses of any size, this solution works for global enterprises that want to streamline treasury operations to regional upstarts that are looking to compete effectively and improve their profit margin.
Put a Multi-Currency Treasure Solution to Work:
- Collect funds in 100+ countries
- Get paid locally in 40+ countries with over 25+ currencies
- Receive funds instantly via real-time payment systems like FAST, PayNow, and PromptPay
- Collect funds from cards, ewallets and other local methods
- Concentrate funds across the globe into a central multi-currency account located in Singapore, supervised by the high standards of the MAS
- Disburse in 190+ countries in real-time through local options including ACH & SWIFT
- Settle the remaining funds instantly to their local lead bank
Rapyd’s new Treasury Solution allows businesses to maximize their credit and interest benefits while maintaining their important core banking relationships. Businesses have same-day access to funds collected in their Rapyd Virtual Accounts and can pay out immediately with Rapyd Disburse. This gives businesses the advantage of capitalizing on supplier discounts, lowering their credit costs, and greatly reducing their operational overhead.
SIMPLER AND 70% CHEAPER
|Instant Same-Day Access to Funds
|Lower Bank Charges and Fees
|Optimize FX Costs
Simplify International Banking with Rapyd
With Rapyd’s Multi-Currency Treasury Solution for APAC, you can get paid by customers and pay suppliers, partners, and staff abroad by building a payments hub within the Rapyd platform.