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Earthport Delivers Expanded Access of Cross Currency ACH Payments for Clients of Bank of America Merrill Lynch

Earthport, the leading payment network for cross-border payments, is pleased to announce an expanded service with Bank of America Merrill Lynch (“BofAML”), a leading provider of global transaction services.  This service will add numerous new countries and currencies to the bank’s online and file based banking portal,CashPro®, further expanding the bank’s international ACH payment capabilities. BofAML clients can now access cross currency payments in more than 60 countries and nearly 25 currencies. This expanded access represents a significant development of the strategic relationship between Earthport and BofAML that was first announced in 2013.

Hank Uberoi, CEO of Earthport, commented: “BofAML is one of the world’s largest payments and cash management bank and we are delighted to be extending our services to them, bringing real efficiency and transparency to cross-border payments for their clients. The innovation that BofAML is bringing to payments is exciting and we are thrilled to be playing a part in it.”