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Published byChristian Lang Modified over 9 years ago
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Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard Priority financial module. World First provide very competitive exchange rates. ??????
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PDA Configuration Service users and warehouses setup within Priority are assigned to the PDA. Create a payment by bank transfer, selecting the vendor to pay.
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Select World First as the paying bank account
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Select the payment date, Priority warns that a transaction between two currencies will take place.
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On the flag invoices for payment sub level form, flag the invoices for payment
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Run the World First Payments direct activation
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Enter the account password, Priority contacts World First and gets an exchange rate
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You get a quote and can confirm it if you are happy
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The transaction was successful - click the link for full remittance advice.
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The World First transaction ID is recorded against the vendors invoice.
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