Global Payment Services
Fast, efficient global payments.
No matter the country or the currency, IRIS FMP can reliably and cost-effectively handle your international transactions. We’ll help strengthen your cross-border business relationships and give you a competitive advantage.
Your trusted partner for global payments.
We’ve helped countless brands across the globe improve the efficiency of their global transactions.
Global transactions that save you time and money.
International payments are more than just funds transmitted across borders. They’re a crucial means of communicating with your overseas partners and peers — and an important part of moving your business forward, as well as giving you a competitive advantage.
At IRIS FMP, we have a global network of banking relationships. This means that you will benefit from domestic and international payments being efficiently executed as local account-to-account transfers – saving you money.
Having IRIS FMP as your international payments partner gives you the support and expertise you need to ensure that your cross-border relationships are maintained and strengthened at all times – letting you get on with the day to day. Our expertise means that we help you avoid:
- Uncompetitive exchange rates
- International wire fees
- Unpredictability of currency markets
Our simplified global payment process includes:
- Transfers in over 135 countries worldwide
- Wires, ACHs and drafts
- Real-time exchange rates
- Automatic beneficiary notifications
- Intuitive payment tracking
- Comprehensive reporting capabilities
- Scheduled or immediate payment release
- Tools to help you reduce currency risk
- Strategies tailored to your business
- Dedicated support from Foreign Exchange specialists
Our global payment services
How we support you.
Working across 135 countries, IRIS FMP is able to handle global wire, ACH and draft transfers effortlessly.
With a tailored strategy for your business and support from dedicated foreign exchange specialists, you can rest assured we will have everything under control. Not to mention, our software updates market rates every 7 seconds, so you can be sure you are getting the best rates available.
Here’s how we can support your global organization with cross-border payments:
Request & Receipt of Funds
- Raise Funds Request (FR) with breakdown of foreign liabilities for payment (salaries, social security, taxes primarily)
- Funds collection management, money movement and funds allocation processes
- Commit, reconcile and cross-reference trades
- Reconcile disbursements & post trade reporting
- Pay employees in their local currency
Other Beneficiary Payments
- Pay local beneficiaries in their local currency from in country bank accounts e.g. social security and income tax obligations
A Simplified Global Payments Process
Our solution takes the complexity away from global payment transfer into multiple currencies by offering you one simple process.
1. Request payment
Dedicated Payments Specialist provides breakdown of liabilities and requests 1 payment in your local currency
2. Process payment
Client processes payment in their local currency, 5 working days prior to pay day
3. Payments reconciled
Payments are reconciled and matched to the client
4. Payments issued
Payroll payments are issued via BACS, 3 working days prior to value date
5. Payments received
Payroll payments credit on-time, in full
6. Payroll closed
Why choose IRIS FMP for global payment services?
We give you complete peace of mind. Your dedicated Foreign Exchange specialists will help you build a customized strategy to streamline your global payments, making cross-border transfers cost effective and efficient.
Simplified, Accelerated People Performance
Seamlessly, compliantly onboarding your organization and people to rapidly unlock your talent investment by reducing their time to value.
Trusted Excellence in Global Payroll & Benefits
We take the complexity away from local pay & benefits, ensuring your growing global workforce are paid accurately on-time, every time.
Global Expertise, Local Knowledge
Our qualified & experienced global HR specialists work in partnership with you to maximize your global workforce’s full potential.
Solutions That Flex With Your Growth
Flexible people-led pay & HR solutions supporting you across the employee & global expansion lifecycle.
Industry-recognised Awards & Accreditations
67% of global payroll & HR professionals see the benefit in outsourcing payroll, benefits, payments & HR to one single global payroll & HR provider.
Local knowledge, one single point of contact.
Your business will have access to the wealth of knowledge supplied by our in-country, local experts. Our specialists will ensure your business achieves compliance at all times.
Though our experts are located far and wide across 135 countries, you will benefit from a single point of contact who is dedicated to supporting your business and advising you whenever you need it.
Trusted market leaders in global payroll & HR services.
To be a leading global payroll provider, you need a proven track record of your expertise – and we have just that.
Happy customers from all industry sectors all across the globe
Countries where we can deliver ‘in-country’ payroll & HR services
Or 90% of the global workforce covered by our payroll & HR solutions
in global payment disbursements paid per annum by IRIS
Over four decades of helping customers grow with our payroll & HR solutions
Download our international payments services datasheet.
Discover more about our global payments capabilities.
Western Union Business Solutions
We have partnered with a leader in global payment services
Western Union is a global operation, trusted by more than 60,000 individuals and businesses with their international transactions. They process million of payments every day.
- 500+ bank accounts globally
- 60,000 individuals and business accounts
- 200 countries and territories in our network
- part of the S&P 500
- 289M customer-to-customer money transactions
- Rigorous compliance and monitoring procedures
- 130+ currencies available for outgoing payments
- 169 year history
Speak to our experts.
Get the most out of your international transactions. Discover how IRIS FMP can assist with your global organization.