Cash & Liquidity Management

TMI Awards 2010: BNP Paribas BNP Paribas received the most votes from our readers in five TMI Awards 2010 Best Bank categories: Cash Management for Europe, Cash Management for Southern Europe, Financial Supply Chain for Europe, Financial Supply Chain for Southern Europe, and SWIFT for Corporates for Europe. Download this article to find out more, including Pierre Fersztand, Global Head of Cash Management, BNP Paribas.

BNP Paribas

BNP Paribas Cash Management is consolidating itself day by day as one of the primary cash management players in the world, and most especially in Europe, operating its extensive network (four domestic countries - France, Italy, Belgium and Luxembourg), with cash management business in 23 countries and a network of over 150 European business centres. This gives the bank unique proximity to its customers and enables it to anticipate, understand and respond to their evolving needs, as well as delivering a highly personal service.

Its global offer encompasses the most commonly used payment/collection methods used by companies worldwide. For example, BNP Paribas is a leading bank in terms of SWIFTNet Solutions for corporates: today, BNP Paribas has more SWIFTNet FileAct customers than any other bank.

Its local offer enables it to provide the full range of systems for collections, payments and major cash management solutions on domestic markets and throughout Europe. Innovation has always been at the very heart of the BNP Paribas strategy. The determination and ambition of BNP Paribas cash management are clearly demonstrated by a large number of innovative projects to enhance its global offer and simultaneously provide local solutions. Some of its major projects are as follows:

  • a large European investment creating SEPA payment platforms (SCT, SDD) to make BNP Paribas a pioneer in this area 
  • mobile access to bank statements (the first bank to offer this type of service to corporates in France)
  • an electronic process to open and manage bank accounts: e-BAM (electronic Bank Account Management)
  • leadership of ETEBAC migration with its Netcash offers and the new SWIFT 3SKey certificate.

These ambitions have been realised by many successes in RFPs, a large dedicated team handles the implementation of the solutions. These customised solutions cover all regions around the world, and also a wide range of areas such as utilisation of the SWIFT network, implementation of European and worldwide cash pooling, or establishment of payment units.

The 4th Cash Management University was held in Paris at the end of November 2010. The event was a huge success, and over 250 participants discussed the key theme ‘Home and Away: Making Your Cash Work’. This provided an occasion for CFOs, group treasurers of multinationals and the cash management experts to exchange their experiences in the various modules and keep abreast of major developments in various facets of the cash management business. 

The TMI Best Bank Cash Management in Europe award represents achievement of these ambitions and sends out a clear message of continuity, confidence and quality vis-à-vis its corporate clients.  


Anne Dugied

Deputy Head of Communication for Cash 


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