SOURCE: Ruesch International

February 22, 2007 12:25 ET

Ruesch International Establishes Business Relationship With South Central Bank

WASHINGTON, DC -- (MARKET WIRE) -- February 22, 2007 -- Ruesch International, Inc., a premier provider of business-to-business payment solutions that facilitate global commerce, is pleased to announce that South Central Bank of Illinois has established a business relationship with Ruesch International and will utilize Ruesch's Global PayLINK system to process international and cross-border transactions.

Global PayLINK, a web-based cross-border wire and foreign exchange outsourcing solution, enables financial institutions to offer foreign exchange services to their business customers.

Unlike other cross-border payment systems, Global PayLINK allows financial institutions to control critical business decisions including product pricing, exchange rates and operational processes.

"We are pleased to establish a relationship with South Central Bank. The Global PayLINK system will provide a valuable service to South Central Bank's clients, allowing the bank to build stronger and deeper client relationships," says John M. Perry, Executive Vice President of Global Sales and Marketing, Ruesch International.

About Ruesch International

Ruesch International is a premier provider of business-to-business payment solutions that facilitate global commerce. The company is headquartered in Washington, DC and has more than 25 years of experience in the payment processing industry. Ruesch International specializes in global business-to-business payment products and solutions that help businesses: Convert to Electronic Payments, Consolidate Payment Applications as well as Control Global Risk. The corporation has served more than 35,000 corporate clients with its full-service operations platforms in the United States, the United Kingdom, Australia, Switzerland, and the Czech Republic. Ruesch's payment solutions help clients manage nearly $30 billion in payment transactions worldwide. For more information, visit www.ruesch.com. Ruesch International is principally owned by the private equity firm of Welsh, Carson, Anderson & Stowe.

About South Central Bank

South Central Bank was established in 1966 and operates four banking locations servicing the Near South Loop, the West Loop, Bridgeport, and Chinatown in Chicago. The Bank provides a multitude of services to meet every business need for hundreds of commercial business throughout Chicago and the metropolitan area. Additionally, South Central Bank is one of the leading home improvement lenders in the Midwest. For more information, visit www.banksouthcentral.com.

Contact Information

  • Media Contact:
    Tracey Lopes
    Ruesch International
    Email Contact
    1 (800) 252-4685