BOKF and Mozrt deliver a streamlined cross-border payment solution
Mozrt, an award-winning payments technology platform, and BOK Financial Corporation, one of the U.S.’s 25 largest banks, proudly announce a strategic collaboration poised to reshape cross-border payment services and elevate the capabilities of financial institutions worldwide.
SIMPLIFICATION IS THE FOUNDATION
This collaboration amplifies cross-border and FX payment capabilities for BOKF's vast network of correspondent banks, enhancing efficiency and convenience. Together, we equip financial institutions with seamless international payment tools, empowering them to serve their clients effortlessly.
Mozrt’s MFX international payment platform requires no training, offering a straightforward solution for financial institutions and clients. By removing complexity and providing all the necessary information, we ensure that anyone can initiate cross-border payments effortlessly.
The BOKF x Mozrt Experience
Real-Time FX Rates
Access live foreign exchange rates, allowing informed decisions and maximizing the value of transfers.
Security & Simplicity
We aim to simplify international financial activities, making managing global payments easier than ever with uncompromising security protocols every step of the way.
Enhanced Client Experience
Clients enjoy enhanced predictability, finality, transparency, and ease of use when you leverage the MFX platform.
MFX For Your Institution & Your Clients
Configurable to existing payment and compliance workflows
MFA and dual authorization capabilities
Beneficiary creation, validation, & management
Modern, intuitive online FX origination experience
White labelling options available
Exportable reports and payment history
Create a Beneficiary
Easily create a beneficiary so you can send money to anyone. All you need to do is select your payment system (ACH, Wire, or Interledger), indicate if your beneficiary is a “person” or “company, and enter all associated beneficiary details. You can add a new beneficiary in just minutes.
Create a payment
To make a payment, you can select your currency, and beneficiary. You will then select the amount you’d like to send in our chosen currency, add a description or note, and confirm the transaction. Once reviewed and approved, you can download your payment reference or return to view your transaction status and data on the platform at any time. Sending a payment take just a few quick clicks.
Explore some of our unique features.
By combining the strengths of both entities, this partnership empowers financial institutions with the tools to seamlessly offer international payment capabilities to their clients If you want to leverage this partnership or learn more about how we can support you, get in touch today.