BNP Paribas Cash Management launches in Germany the Global EBICS® offer for its Corporate customers across 40 countries
Published: January 08, 2014
The Global EBICS® offer by BNP Paribas is an innovative solution based on the German connectivity standard for banking transactions EBICS (Electronic Banking Internet Communication Standard). Wherever they are, BNP Paribas corporate clients can benefit from this highly secure file-transfer protocol for their BNP Paribas accounts worldwide.
This new offer is well suited for German customers (large corporates and mid-caps) who are looking to manage their accounts abroad by leveraging their existing German IT infrastructure. It is also meant for early adopters building a second-generation Payment Factory. Corporates are able to use one single file format (e.g. XML) for multiple transactions in different countries.
Andrej Ankerst, Head of Cash Management Germany, BNP Paribas, explains: “Our Global EBICS solution leverages the widespread use of EBICS and combines the state-of-the-art security features of this domestic channel with a worldwide reach. Global EBICS enables our corporate customers to upgrade their local solutions to global ones.”
Corporate clients benefit from the expertise of a global dedicated Cash Management team, with a strong experience in local and global solutions. Secondly, they can take advantage of an infrastructure that is set up for handling high volumes of transactions.
About BNP Paribas
BNP Paribas (www.bnpparibas.com) has a presence in nearly 80 countries with 190,000 employees, including 145,000 in Europe. It ranks highly in its three core activities: Retail Banking, Investment Solutions and Corporate & Investment Banking. In Europe, the Group has four domestic markets (Belgium, France, Italy and Luxembourg) and BNP Paribas Personal Finance is the leader in consumer lending. BNP Paribas is rolling out its integrated retail banking model across Mediterranean basin countries, in Turkey, in Eastern Europe and a large network in the western part of the United States. In its Corporate & Investment Banking and Investment Solutions activities, BNP Paribas also enjoys top positions in Europe, a strong presence in the Americas and solid and fast-growing businesses in Asia-Pacific.
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