Citi extends FX pricing and trading engine to Singapore
by Graham Buck
The new trading engine is supported by the MAS and will go live by the end of this year.
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Lockbox Bill Collection
Background
Lockboxes were first developed in North America to accelerate cheque collection. Banks set up lockboxes in each of the major postal regions in the US to minimise the 'in-the-post' float time. The cheques were then read by the bank and the monies cleared and settled as fast as possible. Lockbox… Read more about Lockbox Bill Collection
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