Treasury News Network

Learn & Share the latest News & Analysis in Corporate Treasury

  1. Home
  2. Sections

International Bill Payments

Background

The cost of collecting cross-currency payments - setting up currency accounts, FX conversion costs (can be as high as 200 bps or more) and the processing charges - can be 3-5% + of the value of the…

Read more
FX Management & Crypto

RMB maturing as cross-border usage broadens according to HSBC survey

by Kylene Casanova

The vast majority (77%) of Chinese corporates surveyed expect one-third of all Chinese trade (circa USD 2trn) to be conducted in RMB by 2015 (vs 10% YTD) and 30% plan to use RMB for investment-related purposes in th

Payments - Receipts

SEPA Progress

by Kylene Casanova

The October 2011 European Payments Council newsletter revealed that according to the European Central Bank analysis: