BNP Paribas today announced the expansion of its international payment system platform which enables it to provide more foreign currency cash management solutions to its corporate clients.
International payments can now be made safely and accurately in more than 30 funding currencies and over 130 currencies worldwide.
In addition, BNP Paribas has extended its same day/next day foreign currency offering and has developed innovative solutions to help corporate treasurers integrate their fixed income and transaction banking business, in order to more efficiently manage their foreign currency deals. More advanced international payment options are now available through all conventional BNP Paribas e-banking channels, integrating foreign currency deals into international payment instructions.
These new solutions, which bring together BNP Paribas’ Fixed Income and Cash Management expertise, are available for corporate treasurers who hold an account in the majority of European countries where BNP Paribas is present via its ‘One Bank for Corporates’ network.
Pierre Fersztand, Global Head of Cash Management at BNP Paribas said, “The expansion of our international payment platform enables BNP Paribas to support the growing cash management needs of our corporate clients who have to manage an increasingly complex and global operating environment, in Europe and beyond.”
Building on a well-established European network, BNP Paribas – ranked as the leading European Cash Management bank in Europe*- continues to invest in developing solutions for its corporate clients. In particular, BNP Paribas has proven expertise across the SEPA zone and probably has the most extensive network of Cash Management franchise in Europe.