It Pays to Issue Refunds in Local Currency

And even if you’re reimbursing in local currency, you can have a problem if the draft isn’t drawn from the banking system of the country where your customer resides. To seamlessly issue foreign-currency refunds, an international payment provider or remittance service can help.

Chexx Inc, a subsidiary of PacNet Services, is an international remittance service through which companies can issue checks in any currency to beneficiaries around the world. Checks can be issued as refunds, rebates, dividends, commissions or prize checks.