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How does FX International Payments from American Express receive the funds needed to make a telegraphic transfer?

April 26, 2017American Express funds FX International needed PAYMENTS Telegraphic

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How does FX International Payments from American Express receive the funds needed to make a telegraphic transfer?

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During account set-up, FX International Payments will set up an agreement with your bank that will allow us to electronically withdraw funds from your bank account. Subsequently, when your company requests a telegraphic transfer, we will contact your bank on your behalf to withdraw funds to complete the transaction. Also, you can send us the funds through bank transfer or internet transfer.