FOR IMMEDIATE RELEASE
Media Contact: Tracey Lopes
Ruesch International
tracey.lopes@ruesch.com
1 (800) 252-4685
Ruesch International
Establishes Business Relationship with South Central Bank
Washington, DC —February
21, 2007— Ruesch International, Inc., a premier provider
of business-to-business payment solutions that facilitate global
commerce, is pleased to announce that South Central Bank of Illinois
has established a business relationship with Ruesch International
and will utilize Ruesch’s Global PayLINK system to process
international and cross-border transactions.
Global PayLINK, a web-based cross-border wire and foreign exchange
outsourcing solution, enables financial institutions to offer
foreign exchange services to their business customers.
Unlike other cross-border payment systems, Global PayLINK allows
financial institutions to control critical business decisions
including product pricing, exchange rates and operational processes.
"We are pleased to establish a relationship with South Central
Bank. The Global PayLINK system will provide a valuable service
to South Central Bank’s clients, allowing the bank to build
stronger and deeper client relationships," says John M. Perry,
Executive Vice President of Global Sales and Marketing, Ruesch
International.
About Ruesch International
Ruesch International is a premier provider of business-to-business
payment solutions that facilitate global commerce. The company
is headquartered in Washington, DC and has more than 25 years
experience in the payment processing industry. Ruesch International
specializes in global business-to-business payment products and
solutions that help businesses: Convert to Electronic Payments,
Consolidate Payment Applications as well as Control Global Risk.
The corporation has served more than 35,000 corporate clients
with its full-service operations platforms in the United States,
the United Kingdom, Australia, Switzerland, and the Czech Republic.
Ruesch’s payment solutions help clients manage nearly $30
billion in payment transactions worldwide. For more information,
visit www.ruesch.com. Ruesch International is principally owned
by the private equity firm of Welsh, Carson, Anderson & Stowe.
About South Central Bank
South Central Bank was established in 1966 and operates four banking
locations servicing the Near South Loop, the West Loop, Bridgeport,
and Chinatown in Chicago. The Bank provides a multitude of services
to meet every business need for hundreds of commercial business
throughout Chicago and the metropolitan area. Additionally, South
Central Bank is one of the leading home improvement lenders in
the Midwest. For more information, visit www.banksouthcentral.com.
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