Forbes - Markets
BNY Mellon's Efforts To Expand Forex Payments Should Add Value Across Divisions
Bank of New York Mellon announced notable improvements to its global payments infrastructure earlier this week, with the custody banking giant significantly enhancing its foreign exchange payment capabilities. The bank’s branches in Frankfurt and London can now handle payments in more global currencies, and are expected to expand capabilities to 120 currencies in the future. This move should help BNY Mellon attract more clients for its treasury services business (which houses its global payments unit) as potential clients will be able to make forex payments faster, more securely and at better rates.
No comments:
Post a Comment