There are clear operational benefits from being able to manage domestic and international payments from one centralised hub, not least a tighter control over cash flow. Today’s treasury technology solutions offer companies the tools to initiate payment instructions in multiple formats that can reach almost any recipient. Does that mean you can make every international payment you might need from one location?

The answer is that “it depends”. Having the tools to make payments is only half a solution. To be able to meet all obligations, whether to pay supplier or employees abroad, you need to understand the local regulations and practices in the relevant country.

WWCP Country Payment Reports provide the information you need to ensure you can execute all your supplier and payroll payments to the specific jurisdiction.