Tom Cleveland Cleveland
Gainesville, GA (USA)
Role(s):
ExchangeOverseas, Inc.
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Startup
Location:
Gainesville
Industry:
Finance
Year Founded:
2007
Number Employees:
INVALID
Description:
The Company: ExchangeOverseas Incorporated (EOI)
The Vision: To be the superior payment method for recurring USD overseas payments.
The Opportunity: Bring severely needed and highly desired innovation to the cross-border payments arena for commercial enterprises.
The Problem: International Wires and Foreign Checks are costly and problematic.
· Administrative costs, exchange discrepancies, inability to track funds, length of collection, clearance holds on foreign checks, no standards for referencing, foreign exchange fees, lost funds, slow procedures.
The Solution: Use the most efficient path by utilizing a combination of “best practices” in banking global infrastructure to effect fully automated transactions.
· Combine cash management services, card innovations, and webs