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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.

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Presentation on theme: "Priority World First foreign exchange payments overview Developed to allow companies to pay vendors in a foreign currency quickly and easily. Using standard."— Presentation transcript:

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2 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. ??????

3 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.

4 Select World First as the paying bank account

5 Select the payment date, Priority warns that a transaction between two currencies will take place.

6 On the flag invoices for payment sub level form, flag the invoices for payment

7 Run the World First Payments direct activation

8 Enter the account password, Priority contacts World First and gets an exchange rate

9 You get a quote and can confirm it if you are happy

10 The transaction was successful - click the link for full remittance advice.

11 The World First transaction ID is recorded against the vendors invoice.


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