Travelex US Direct Loans solution. PROCESS Travelex US Direct Loans solution 1.Receipt of Direct Loan funds –Provision of USD bank account and associated.

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Presentation transcript:

Travelex US Direct Loans solution

PROCESS

Travelex US Direct Loans solution 1.Receipt of Direct Loan funds –Provision of USD bank account and associated AUD Holding Balance 2.Reconciliation of Direct Loan funds –Travelex proprietary tool to enable you to reconcile and attribute the incoming loan payments 3.Disbursal of funds to the student / University –Use of Travelex GlobalPay system to make payments to students / university bank accounts 4.Auditable reporting and compliance with US Federal Regulations –Segregated accounts –Compliance with all Privacy laws –Monthly reporting of all incoming and outgoing funds –Non interest accruing accounts

Travelex contacts NSW + WA Hayden Scown QLD David Geils VIC, SA and TAS Hayley McLeod New Zealand Lee Goodwin

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