Helping drive efficient international bulk payments.
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What is GlobalSend?
GlobalSend is NatWest Markets’ fully automated bulk international payment solution, enabling organisations to send high volumes of cross-border payments through a single connection. It enables you to send payments in up to 137 currencies via local networks, meaning payments will be delivered quickly and with confidence that beneficiaries will receive the full payment amount.
Submit and fund payments efficiently
Upload bulk payment in ISO20022 XML or flexible file format, with integrated FX processing and automated payment validation to improve accuracy and operational efficiency. Beneficiary information can be stored to simplify repeat payments, and funded either via automated debit or as part of Faster Payment from your UK bank account
Deliver payments via local clearing networks
Payments are routed through our global network of domestic payment connections rather than traditional correspondent banking routes, helping ensure faster, more reliable delivery and full-value receipt by beneficiaries without intermediary bank deductions.
Reduce cost and complexity
Consolidate international payments through a single solution, helping reduce payment fees, FX costs and the need for multiple foreign currency accounts.
Improve operational efficiency
Automate bulk payment processing, streamline treasury workflows and integrate with existing banking and treasury management systems.
Enhance beneficiary experience
Deliver payments on time and in full, with no intermediary deductions, helping strengthen supplier, employee and customer relationships.
Simplifying banking relationships
A global merchant service provider was maintaining multiple banking relationships to pay out using domestic payment rails. This increased funding costs, added operational risk and slowed down payment delivery. GlobalSend has enabled the customer to centralise all payments via NatWest, reducing complexity and improving their customer outcomes.
Reducing costs and complexities
A charity was facing high costs and operational complexity in paying their international payroll in a range of frontier currencies. GlobalSend has enabled more reliable payment delivery free of deductions, enabling the charity to better deliver their services worldwide.