Radius Bank completes the full-circle in cross-border payments

Radius Bank, the best online US bank of 2020*, and Currencycloud, the leader in providing B2B embedded cross-border solutions, have partnered to offer Radius clients the ability to send money to more than 180 countries.

Following increased customer demand for international wire transfers for both their own clients and their Banking-as-a-Service partners, Radius sought to find a solution that could be quickly integrated. Using Currencycloud’s APIs means Radius Bank can send outgoing payments to international destinations they were unable to reach before on behalf of their clients.

Phil Peters, EVP Chief Operating Officer at Radius Bank, commented: “As an ever-growing full-service digital bank, our clients needed a way to make payments all over the world without delay. Our integration with Currencycloud allows us to do just that.”

Richard Arundel, General Manager North America & Co-founder of Currencycloud, commented: “We are really excited to be working with such a digitally focused bank as Radius Bank. The breadth of our technology and speed of integration made us the perfect fit for them when they were looking to expand their customer offering. The ability to build, adapt and expand their customer offering for cross-border payments for both consumers and businesses of all sizes, is now in-house and world class.”

Radius Bank clients can now take advantage of this service by contacting Radius Bank customer service team.