This allows Chexx’s online market research and affiliate management clients, along with reseller partners, to streamline their Mexican payments by sending EFTs directly to the bank accounts of payees in Mexico.
Clients can fund an account with Chexx to send local electronic payments to payees in Mexico. Provided with the payee’s official name on their bank account along with their 18 digit CLAve Bancaria Estandarizada, Spanish for Standardized Bank Code (CLABE number), Chexx payment systems engine will initiate the payment. Funds will be available in the payee’s account in two days. Each recipient’s bank account information need only be provided once. A unique template number is assigned to each payment so that further local electronic payments may be sent to the same individual without storing sensitive bank account details.
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