Make cross-border cash payments with PostalCheque, Inpay’s international postal money order product. A cost-effiecient, faster alternative to bank cheques and SWIFT-to-cheque transfers. One contract gives you access to our network of 86,000 postal outlets in 28 countries.Download one-pager
Start sending your cheques further for less.
You fund the payments in Euros and we payout in the destination currency of your recipient via Eurogiro’s global postal network. See the end-to-end PostalCheque flow of funds from the originating institution to the beneficiary.
Originating FI pre-funds a designated Inpay account with 100 EUR
Inpay screens payments and sends 100 EUR to Eurogiro’s postal institution member
Payout institution issues a PostalCheque and delivers to the beneficiary’s address by local post
Beneficiary encashes PostalCheque at postal branch, receiving full cash payout in local currency
PostalCheque connects your business to a global network of convenient and trusted local post offices. Increase beneficiary satisfaction with the most reliable and efficient cash payout method.
Access 86,000 postal outlets in more than 28 countries via a single agreement and integration. Expand your reach to the most remote and rural locations without requiring a beneficiary bank account.
Make low-cost international cash payouts - without correspondent banking deductions or excessive FX fees. Pay only a pre-agreed, volume-driven flat fee per transaction.
Boost beneficiary satisfaction with a faster cash payout solution – the postal institution receives the payment order in 1-2 days. Postal money orders also have a shorter expiry date than bank cheques, thus ensuring faster cashing out of the instrument by recipients.
Payment status can be tracked via Inpay’s customer web portal. All support requests are handled centrally by Inpay. What’s more, PostalCheque enables you to establish proof of live with physical KYC.
Reduce the costs and operational complexities of processing bank cheques, such as fraud, or lost & delayed cashouts. Enjoy a single point of access for clearing, settlement, and customer service.
With a single agreement and integration, you get access to our sister company Eurogiro’s postal network in 28 payout countries. Other countries can be available for partnership upon request.
Bosnia & Herzegovina
Republic of Korea
Reach out to our world-class sales team and learn how we can make your business payments flow.