A company with operations in Mexico was having difficulty making payments to suppliers in China. Its main obstacles included:

• Excessive delays: Transfers could take up to 2 weeks to complete.
• High costs: High rates that included an unreasonable exchange rate.
• Bank rejections: Its traditional bank was not accepting payments to China because of problems with its correspondents.

The company made daily payments that ranged from 200,000 and 500,000 dollars and needed an agile and reliable solution to optimize its international payment flow and not affect its reputation with its suppliers.

PMI demonstrated through testing a solution without these frictions, enabling the company:

• Time optimization: Reduction of delays to only 5 hours per transaction.
• Eliminate rejections: Implementation of a process of due diligence robust end-to-end acceptance of payments through PMI's correspondents was achieved.
• Reliable Correspondents: Correspondents with proven knowledge and experience in the jurisdictions where payments are sent contribute to a smooth process without surprises.

Thanks to PMI, this company left behind the delays and high costs of traditional wire transfers, achieving faster, safer and more efficient payments. Our payment dispersion solution not only optimizes the execution time of your transactions, but also allows you to access more competitive rates and improve your business relationships.

✅ Payments in hours, not weeks
✅ Lower costs and greater efficiency
✅ Foreign exchange security and regulatory compliance

Ready to optimize your international payments?
Contact us today and find out how PMI can help you.