With the current global context, transferring funds internationally to partner organisations is proving increasingly difficult. Barriers to transferring money are particularly high in countries where there is active conflict and unrest, given restrictions, sanctions, high fees, slow processing times, passing funds through multiple hands, and more. However, it is essential that we do our best to get support to the communities we work alongside.
SIDA are partnering with StoneX to deliver a short, practical webinar and Q&A on the realities of transferring funds internationally for charities. This session will offer clear, jargon-free insights and real-world examples from across the sector.
This session will address:
- The current state of international money transfers.
- What barriers exist and why this is the case.
- Who StoneX are and what services they can provide to support your organisation with money transfer challenges, as well as practical case study examples.
- Q&A with StoneX experts.
About the facilitator(s)/organisation:
StoneX Payments is the cross-border payments division of StoneX Group Inc., a global financial services firm. It supports NGOs, UN agencies, corporates, financial institutions, and other organisations move money internationally, particularly where payments involve foreign exchange, local-currency delivery, or harder-to-reach markets.
Joanna Sulaiman has been with StoneX for over 13 years, and has extensive experience in cross-border payments. As part of the Payments Sales team, she is responsible for establishing and maintaining relationships with International Development Organisations, UN agencies and corporate customers.
Matei Sirbu works in the Payments Sales team at StoneX, managing relationships with charities and aid organisations. Matei works closely with the global StoneX Payments team to develop treasury solutions suited for the needs of NGOs operating internationally.
Format: Presentation and Q&A
Who is this for?: Leaders, fundraisers and anyone who works in financial operations