 |
 |
|
| Corporate Overview
Ruesch focuses on helping companies convert from paying suppliers by check to making payments and delivering associated remittance details electronically, on eliminating the need for companies to use multiple payment specific applications to deliver payments in the U.S. and around the world, and on assisting companies to better control global risk through industry leading market commentary and proven foreign exchange risk management strategies. Ruesch has served more than 30,000 leading organizations throughout the United States, Europe, and Asia including more than 125 Fortune 1000 companies by helping them convert to electronic payments, consolidate payment applications, or better control global risk. Through a network of 25 correspondent banks, Ruesch helps clients manage more than $24 billion annually in transactions. History
Ruesch was founded in 1980 to provide corporate clients with an alternative to using banks when companies needed to make international payments or trade in foreign currencies. In order to serve the growing need for corporate foreign exchange services in the late 80's and early 90's, Ruesch introduced international payment services that were not tied to bank credit lines, forward contracts with lower minimum contract sizes and lower deposit requirements, as well as new channels to deliver customized international payment and foreign exchange trading services to meet the individual needs of its corporate clients. Among its many industry-leading innovations, Ruesch was one of the first international payment providers to offer a robust web-based account management system that allows clients to manage all aspects of their international payments in a secure online environment. With its pioneering approach to international payment solutions, Ruesch is committed to helping clients keep a step ahead and compete in global markets. In 2005, Ruesch International merged with Trancentrix, a leading provider of bank-independent solutions for streamlining and reducing costs associated with the corporate payments process. The technology, expertise, and resources of the combined company positioned Ruesch to provide a unique, integrated range of bank-independent domestic and international payment processing and global risk management solutions. Together, the two companies deliver a broad range of business-to-business payment solutions which include check to ACH conversion services, payment system consolidation solutions, and global risk management. Ruesch expects to significantly increase market share in the domestic and international payment processing area, particularly in the Fortune 1000 segment. Ownership
Ruesch International, Inc. and its affiliated companies are owned and controlled by Travelex, the world’s leading foreign exchange and international business payments specialist. Through its subsidiaries and branches, Travelex operates in the Americas, Asia, Europe, Middle East and Africa and the United Kingdom. The Group's activities are organized into three divisions: Global Business Payments, Retail and Outsourcing. For more information visit: www.travelex.com. Office Locations and Markets Ruesch International is headquartered in Washington, DC. North American regional offices are also established in New York, Los Angeles, Chicago, Boston, and Omaha. The corporation expanded operations into Europe in 1992 with an office in Switzerland, an office in the United Kingdom in early 1994, an office in the Czech Republic in 1999, and an office in Australia in 2005. Ruesch currently serves clients in the United States, Canada, the United Kingdom, Switzerland, Austria, the Czech Republic, Poland, and Australia. Additional locations and markets worldwide are anticipated for this globally growing network. Click here for office location and contact details.
|
