UPU*Clearing benefits: Reduced costs
Centralized payments through UPU*Clearing mean members make fewer movements of funds in only two currencies (EUR and USD).
This allows them to save on the usual exchange rates and banking fees incurred when making separate Post-to-Post transfers.
This is a safe system with a 100 per cent guaranteed collection rate, meaning collection fees are either greatly reduced or null.
The simplified accounting process also reduces the staff resources required.
When more countries sign up, each member has more potential to save.