Abstract: Managing foreign payments using separate conduits for messaging and payments. An originating depository financial institution can create an F3X message designating a fixed amount of foreign currency to be credited to, or debited from, a receiving depository financial institution. The originating depository financial institution transmits the F3X message to a domestic gateway operator via an ACH network. The domestic gateway operator then forwards the F3X message to a foreign gateway operator. Separately, the originating depository financial institution transmits a payment to the foreign gateway operator either directly or via a correspondent financial institution. The foreign gateway operator matches the payment to the F3X message and transmits the payment to the receiving depository financial institution.

Abstract: Managing foreign payments in an International ACH. An originating depository financial institution (“ODFI”) can create an ACH item designating a fixed amount of foreign currency to be credited to, or a fixed amount of domestic currency to be debited from, a receiving depository financial institution. In a variable to fixed payment, a conversion module of the ODFI or a gateway operator can determine a foreign exchange (“FX”) conversion rate. Using the FX conversion rate, the conversion module can calculate a domestic currency amount or a foreign currency amount corresponding to the desired foreign/domestic currency payment. The conversion module can enter the FX conversion rate and/or the determined domestic/foreign currency amount into the ACH item for processing via the International ACH. In a fixed to fixed payment, the ODFI can transmit information about the foreign currency payment via the International ACH and settle the payment via ACH or non-ACH means.

Abstract: Efficiently screening ACH items and providing an indicator of the screening result. Electronic files, which can be in the NACHA file format, comprise ACH items. A gateway operator or an originating financial institution can screen each ACH item using a screening software module. For each ACH item, an indicator associated with the screening can be inserted into the ACH file before the ACH item is forwarded to a receiving financial institution. The indicator can identify whether the screening produced a match against an interdiction list and/or whether the screening produced a false positive. If the screening produced a match, processing of the ACH item can be suspended, and the ACH item can be returned to the originating financial institution. Notification of the match can be transmitted to the originating financial institution, the receiving financial institution, and/or law enforcement authorities.

Abstract: Managing foreign payments in an International ACH. An originating depository financial institution (“ODFI”) can create an ACH item designating a fixed amount of foreign currency to be credited to, or a fixed amount of domestic currency to be debited from, a receiving depository financial institution. In a variable to fixed payment, a conversion module of the ODFI or a gateway operator can determine a foreign exchange (“FX”) conversion rate. Using the FX conversion rate, the conversion module can calculate a domestic currency amount or a foreign currency amount corresponding to the desired foreign/domestic currency payment. The conversion module can enter the FX conversion rate and/or the determined domestic/foreign currency amount into the ACH item for processing via the International ACH. In a fixed to fixed payment, the ODFI can transmit information about the foreign currency payment via the International ACH and settle the payment via ACH or non-ACH means.

Abstract: Managing foreign payments using separate conduits for messaging and payments. An originating depository financial institution can create an F3X message designating a fixed amount of foreign currency to be credited to, or debited from, a receiving depository financial institution. The originating depository financial institution transmits the F3X message to a domestic gateway operator via an ACH network. The domestic gateway operator then forwards the F3X message to a foreign gateway operator. Separately, the originating depository financial institution transmits a payment to the foreign gateway operator either directly or via a correspondent financial institution. The foreign gateway operator matches the payment to the F3X message and transmits the payment to the receiving depository financial institution.

Abstract: Managing foreign payments in an International ACH. An originating depository financial institution (“ODFI”) can create an ACH item designating a fixed amount of foreign currency to be credited to, or a fixed amount of domestic currency to be debited from, a receiving depository financial institution. In a variable to fixed payment, a conversion module of the ODFI or a gateway operator can determine a foreign exchange (“FX”) conversion rate. Using the FX conversion rate, the conversion module can calculate a domestic currency amount or a foreign currency amount corresponding to the desired foreign/domestic currency payment. The conversion module can enter the FX conversion rate and/or the determined domestic/foreign currency amount into the ACH item for processing via the International ACH. In a fixed to fixed payment, the ODFI can transmit information about the foreign currency payment via the International ACH and settle the payment via ACH or non-ACH means.