Online Foreign Exchange
through PINACLE® FX

Streamline Foreign Exchange Transactions and Cash Flows

Cambio de divisas

PNC offers a full range of FX services

Learn More About Foreign Exchange for Corporations & Businesses

Reference Materials

Foreign Currency Financing Product Sheet

Read More About Loans Denominated in Foreign Currency

Online Foreign Exchange through PINACLE FX

Streamline Foreign Exchange Transactions & Cash Flows

  • Initiate, approve by potentially eliminating and fund foreign exchange transactions easily online.
  • Choose your preferred method of settlement, including your PNC demand deposit account, ACH or Fed wire.
  • Control access to your information by assigning rights and scope of activity privileges to your authorized users.
  • Potentially save time and reduce errors by eliminating manual entry of payments by leveraging PNC’s file upload capability. A customized file upload also allows for straight-through processing to PNC’s back-end system.

PINACLE® FX Features

  • Access live exchange rates for competitive pricing.
  • Buy and sell foreign currency on a cash, spot or forward basis.
  • Create and edit payment templates.
  • Transfer foreign currency to or from multicurrency accounts held at PNC.
  • Easily view trade-specific details, and choose to print from 14 different report formats.
  • Issue and print drafts at your location.
  • Customize and export your reports.

PINACLE FX Netting

Reduce Currency Exposure & Efficiently Manage Global Cash Flows

Multinational corporations face many challenges in managing growth across multiple continents, currencies and accounting systems. Treasury managers can facilitate crossborder settlements among affiliates, which can potentially increase productivity and generate cost savings with a multilateral netting solution.

PINACLE FX Netting allows you to net your worldwide intercompany payments and improve the overall efficiency of your global cash flow. The service currently supports 50 currencies. Each participating entity will make or receive a single payment once per netting cycle in their local currency. This can reduce transaction costs and can lower overall foreign exchange volumes. Plus, managing global activity centrally provides greater visibility and control.

Overview of Intercompany Netting

 

  • Helps to organize and streamline the settlement of intercompany payments.
  • Provides set payment and settlement schedule that is easy to follow.
  • Can potentially reduce FX transaction costs by centralizing and consolidating cross-border payments and making fewer payments.
  • Increases visibility of intercompany settlements.
  • Improves communication of business units; provides ability to discuss and resolve disputes.

PINACLE FX Netting Features

 

  • Flexibility to define your own cycle schedule. Frequency and duration of each netting period is completely customizable
  • Ability to run the netting program as A/P driven, A/R driven or both A/P and A/R matched.
  • Integrated discussion and dispute module with automatic email notification.
  • Final netting statements viewable online or by direct email.
  • Optional currency netting calculations: full, currency,gross and home currency.
  • Interface capabilities for import and export to ERP systems such as SAP, Oracle and PeopleSoft.
  • Role-based system access for each user with dual authorization available for approvals.

Transferencia de fondos de PINACLE

Securely Send Funds for Same Day Settlement

You need a safe and efficient method for initiating funds transfers for same-day settlement and timely delivery of transaction-related information so you can meet important payment commitments. The PINACLE Funds Transfer module offers your authorized users a quick and reliable method for moving funds that need to settle the same day.

PINACLE’s Funds Transfer module provides secure access to your accounts so you can easily transfer funds for same-day settlement. You can also administer security privileges for your authorized users to reflect your company’s risk management protocols

Time Saving Tools for Funds Transfer Activity

Control and customize access to funds transfer initiation

  • Designate authorized representatives to initiate, approve, modify and delete payments online.
  • Initiate domestic payments, book transfers, drawdowns in U.S. dollars and international payments in U.S. dollars and foreign currency.
  • Originate payments as single or repetitive transactions, or use the payment file import functionality to import a file of payment instructions.
  • Replicate online security to mirror your risk management procedures.

Leverage easy-to-use wire transfer templates

  • Eliminate the guesswork involved with completing “generic” payment screens for wire transfers.
  • Leverage user-friendly screens that are designed for specific wire types. They include required fields marked in red, as well as optional fields that can be used to send additional payment-related information to the beneficiary.

Funds Transfer Features

Transaction reports

These reports provide access to transaction activity generated within the Funds Transfer module. Reports are formatted to provide detail and summary information. Additional reports include:

  • Customized views of activity
  • Repetitive templates
  • Audit reports
  • Items pending approval

Payment-editing capabilities

  • Allow your authorized representatives to approve, modify or delete payments prior to releasing items to PNC for further processing. Items not approved on the day the item was initiated will be held over for action the next business day.

Easy, online administration of repetitive templates

  • Create and manage repetitive payment instructions for real-time setup and maintenance of frequently transferred payments — no need to exchange documentation with PNC.

Universal online access

  • Use dynamic token authentication to validate payment requests so your authorized representatives can initiate payments securely online.
  • Exercise your organization’s business continuity procedures should any of your PCs become inoperable or inaccessible.
  • Facilitate universal accessibility even in the most challenging of circumstances.
  • Access and approve funds transfers from your mobile device with the PINACLE Mobile App.

Recursos relacionados

RECURSOS

Servicios de negocios para cambio de divisas

En PNC, combinamos una amplia gama de recursos financieros con una comprensión profunda de tu empresa para ayudarte a lograr tus metas.

Learn More About Foreign Exchange for Corporations & Businesses

DOCUMENTO TÉCNICO

Chinese Renminbi Internationalization

The RMB market has experienced exponential change over the last few years and we expect the trend to continue. PNC can help you understand the implications and provide guidance.

Learn About Chinese Renminbi Internationalization

Ideas, perspectivas y soluciones

Flujo de caja internacional

 

Obtener el control y la flexibilidad de tu flujo de caja internacional puede ayudar a tu empresa a crecer a nivel internacional.
 

Read More About Gaining Control & Flexibility in Your International Cash Flow

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PNC's Foreign Exchange Sales and Trading Desks

Atlanta: 1-855-852-4700

Boston: 1-888-627-8703

Charlotte: 1-855-543-4026

Chicago: 1-866-245-4696

Cleveland: 1-800-622-7400

Dallas: 1-855-852-4700

Denver: 1-844-763-0006

Detroit: 1-800-362-1066

Houston: 1-713-345-1580

Indianapolis: 1-800-622-7410

Los Angeles: 1-833-540-1286

Milwaukee: 1-844-290-1442

Philadelphia: 1-888-627-8703

Pittsburgh: 1-800-723-9106

San Francisco: 1-888-891-5265

Washington, D.C.: 1-877-856-6957