|By Business Wire||
|June 2, 2014 07:07 AM EDT||
Ceridian, a leading global provider of Human Capital Management (HCM) technology and services, has partnered with World First, the international payments and foreign exchange company, to deliver an International Funds Transfer (IFT) service to its worldwide customer base.
The Ceridian IFT solution provides a fully compliant payment solution, removing the time and reducing the costs of managing international payroll disbursement and many third party payment disbursements.
Jon Ziglar, EVP and managing director, from Ceridian International commented:
“Our new partnership with World First will reduce the requirement for our customers’ need to manage and fund expensive multiple currency accounts and enables all foreign exchange transactions to be settled in the clients domain currency; streamlining the reconciliation process considerably. World First’s focus on innovation is fully aligned with Ceridian’s core values of delivering service through transformative technology.”
Alex Sullivan, managing director at World First UK, said:
“We’re delighted to be working in partnership with Ceridian. World First is all about changing the way people think about making international payments, providing a better way to transfer money overseas for everyone.
“With our industry leading payments platform, we will be able to bring more competitive pricing in a more efficient international environment – saving businesses both time and money in the process.”
Notes to editors:
World First offers both private individuals and businesses access to better exchange rates, faster transfers and personalised service for their currency transfers. The company has transacted with over 61,000 corporate and individuals customers and processes $10billion volume annually. World First was founded in 2004 and is headquartered in the UK with offices in the US, Australia and Singapore.
For further information go to www.worldfirst.com