AFP Releases New Service Codes
by CTMfile
Includes 247 new codes for banking services
Bank Relations & KYC
Background
Bank relationships are vital. Bank Relationship Management (BRM) is a major task in any corporate treasury department and covers many other staff around the company. Often large companies use hundreds…
Read moreTransparency with bank charges, the realisable dream
by CTMfile
Join Deutsche Post DHL’s petition to force the banks to adopt standardised billing
IBC / TWIST Bank Service Codes - FALL 2013 NEWSLETTER
by CTMfile
Steady progress in the roll-out of the new Bank Service Codes
Multi-bank eBAM in the USA is making progress, slowly but surely
by CTMfile
BofA Merrill announce first client using SWIFT File delivery for eBAM files
Citi eBAM now covers 55 countries
by CTMfile
Up from 33 in September 2012 showing how hard it is to role out eBAM globally
How to manage bank relationships? Tell them how they are doing
by CTMfile
Two presentations at the ACT's Annual Conference in May neatly described many of the different aspects in managing bank relationships
Case study on the vital importance of having a universal banking agreement in bank relationship mana
by CTMfile
In 2010, Debra Hinds, Director, Global Cash Management, Bombardier, was given just one year to streamline, i.e. centralize, their decentralize global cash management in 24 countries. The key was
Bank relationship management: the experienced view on how to use bilateral banking arrangements
by CTMfile
Greg Croydon, Director, Treasury and Group Pensions at IMI the UK engineering company, who has been in corporate treasury for nearly 25 years, shared his ideas and experiences on bank relationship management at the
Surprise, surprise: Asian corporates want more from their banks, just like the rest of the world
by CTMfile
Asia's banks need to lift service levels to their institutional customers or face an increasing risk of losing them, according to the latest research from industry specialists East & Partners. Their twice yearly Asi
Implementation of the new XML 20022 Bank Service Codes standard, camt.086, and AFP Global Service Co
by CTMfile
Paul Bursteinn surveyed progress to the new standards. He concludes, in the latest IBC / TWIST BSB news sheet, that:
Does your bank account management data need to be 90% clean and verified first before attempting eBA
by CTMfile
The roundtable at AFP Conference 2012, 'Making your eBAM project a reality - a journey to practical implementation', showed all the problems, the success stories and conflicts in eBAM. The panel made up of: Tom Hunt
Citi expands global eBAM solution to 33 countries
by CTMfile
Citi has expanded its Electronic Bank Account Management (eBAM) to 33 countries with new enhancements to its solution on CitiDirect BE, Citi's new electronic banking portal.
BELLIN banks on WalletSizing® by Vallstein
by CTMfile
BELLIN GmbH, the specialist in treasury management, has formed a strategic alliance with Vallstein, a leading provider of Bank Relationship Management (BRM) solutions, to support corporate customers in optimising th
ISO 20022 camt.086 Message (BSB / Bank Services Billing) - officially released
by CTMfile
The TWIST BSB now has an ISO 20022 counterpart message, camt.086. It was developed by SWIFT (Dave Dobbing and Vincent Kuntz) and TWIST (Steve Weiland and Paul Burstein).
Bank Service Billing Codes progress report from Paul Burstein and TWIST
by CTMfile
The Transaction Workflow Innovation Standards Team (TWIST) was set up to close the gaps in the physical and financial supply chain. Their main focus has been on driving the development of global Bank Service Billing
Optimising overall banking arrangements requires much more than in-depth analysis of bank fees
by CTMfile
Since 2007, Bankhawk Analytics have been helping companies and government departments in Ireland and the UK to cut their banking costs and to optimise their banking arrangements.
Treat your bank like any other vendor, use procurement management techniques to analyze and optimize
by CTMfile
Montauk's Managing Partner, Glenn Murray, believes that purchase of bank services should be treated like any other service.
New global banking service codes, scheduled by ISO in 1Q 2012, opens door to full visibility
by CTMfile
The North American banking service codes - currently required in any electronic bank billing statement using ANSI 822 Transaction Set standards - have been converted by Association of Finance Professionals experts i
Analysing Bank Statements in USA: 1. ‘There is no such thing as a free lunch’ and 2. what to do abou
by CTMfile
The standout presentation by Dan Gill - Director of Corporate Solutions, The Weiland Financial Group, Open Solutions, Inc. - entitled
Citi now provides their eBAM Service in 22 Countries in three Regions
by CTMfile
At the AFP's Annual Conference in Boston, Citi announced that its eBAM solution which uses digital signatures and work flows to manage Citi bank accounts
Bank Account Service Codes standardisation and automation - progress
by CTMfile
The use of automated bank account statement service codes - in the US the ANSI 822 codes and the TWIST BSB is progressing slowly but surely.
BofA Merrill extends eBAM services
by CTMfile
BofA Merrill has announced that the availability of their eBAM service for a wide range of corporate and commercial clients in USA and Europe