Discover what a bank endorsement is, how it guarantees payment for negotiable instruments like letters of credit, and its types used in international trade.
In 2024, the transaction banking landscape has been reshaped by rapid innovation, evolving client demands and a volatile economic environment. From the rise of real-time payments and trade ...
An on-us item is a check or transaction processed by the same bank that holds the check writer's funds, rather than being routed to another bank. This usually settles faster and at lower cost than ...
In a world of unpredictable disruption, data has become the most valuable currency in transaction banking and data driven intelligence has emerged as the most powerful strategic lever in transaction ...
With today’s new digital norms driving contactless and, increasingly, instant payments, a transformation in cash management strategies and processes is underway across Southeast Asia. Gilly Wright, ...
Andreea Parneci, Deputy Head of Global Transaction and Payment Services at Societe Generale, which won Best Bank for Transaction Banking, explains how the bank is addressing the new regulatory ...
Central Bank Digital Currencies (CBDCs) are no longer a speculative concept, they’re rolling out in pilots across the globe, and they’re poised to reshape how corporates, banks, and governments ...