Global Treasury Solutions

Simplify Your Canadian Payment Transactions

A Fifth Third Canadian Canlink Account¹ is designed to make doing business in Canada simpler and more efficient. It can be used as a depository, disbursement, or funding point for your business that can be denominated in Canadian or U.S. dollars. With Canlink services, you can:

• Accept paper check deposits into a local Canadian lockbox
• Make electronic check deposits via our Cheque-Pro scanner service
• Handle check disbursements with Positive Pay fraud protection
• Accept Canadian in-country payments directly to your account
• Initiate wire payments from Fifth Third Direct^®, our online banking portal
• Access your Canadian and domestic account activity and balance reporting

Simplify Your Foreign Currency Transactions

Fifth Third Bank's Multicurrency Account² can help you manage foreign payables and receivables in more than 15 different currencies. As a result, your business can better manage international cash flow while reducing the risk of currency value fluctuations. You’ll also benefit from:

• The ability to control the timing of foreign exchange conversions
• Reduction of foreign exchange conversion costs
• The ability to hold foreign currency balances for later payments or repatriation
• Timely disbursements, allowing for greater leverage of available cash balances
• Daily payment, receivable, and balance details to better service your clients
• Single sign-on access to your domestic and foreign accounts through Fifth Third Direct^®

Keep Imports and Exports Moving Smoothly

Our dedicated corporate traders and service specialists can facilitate international wire transfers.

Make Payments in Real Time

Whether you're an importer, an exporter, and/or part of a multi-national corporation, we can help you make payments in real time and virtually anywhere through Fifth Third Direct^® and our extensive global network of foreign correspondent banks. You can make USD international wire transfers, same-currency foreign wires, foreign exchange (FX) wires; and even originate International ACH Transactions (IAT) in USD to Canada and Mexico.

Manage Multiple Foreign Bank Accounts in One Place

Fifth Third’s Multibank reporting, called Infopool, enables online access to all of your third-party international bank accounts through Fifth Third Direct^®. As a result, you’ll improve control of your domestic and international banking, which will allow you to:

• Increase access and control over your foreign accounts
• Gain uninterrupted access to all banking information
• Take advantage of global account reporting
• Customize security levels when assigning online account administrators and users
• Consolidate prior-day balance and activity reporting

Optimize Cash Flow and Minimize Risk

If your business imports/exports or has U.S. dollar denominated international transactions, it has exposure to exchange rate fluctuations. This creates currency risk that can have a negative impact on your company’s margins. With one of the largest regional trading desks in United States, we can help you identify your exposure, measure your risk, and establish a Foreign Exchange (FX) strategy to help protect your business.

Gain Complete Control of Day-to-Day Trading Activities.

These include forward contracts, FX options, collars, participating forwards and more. With Fifth Third Bank, you’ll also benefit from:

• One of the premier foreign trading networks in the U.S.
• Six trading desks in United States
• Extensive and adept trade execution experience
• Price competitive solutions from a team you can trust
• Tailored research to meet your specific needs
• Educational seminars to keep you abreast of the latest markets trends, accounting changes, and economic pressures

Fifth Third Bank utilizes SWIFT (Society for Worldwide Interbank Financial Telecommunication), the global provider of secure financial messaging, to enable you to exchange automated, standardized financial information securely and reliably. This process allows you to reduce operational risk and inefficiencies when working in a multi-bank environment.

In order to connect with multiple domestic or global institutions, Fifth Third Bank via SWIFT provides you with a single secure channel, instead of requiring you to setup multiple proprietary connections. As a member of SCORE (Standardized CORporate Environment), Fifth Third supports two messaging platforms: SWIFTNet FIN and SWIFTNet FileAct.

SWIFTNet FIN allows you to request funds transfers, review prior-day or current-day reporting, or receive confirmations of credit or debits in a standardized file format.

SWIFTNet FileAct allows you to submit real-time, bulk file transmissions of various types in standard formats. This method allows you to receive and send:

• Prior-day and current-day information reporting in BAI2 format
• ACH payments & confirmations
• Wire Transfer payments & confirmations
• Integrated Payable files in ISO 20022, CSV and EDI formats