Deutsche Bank has announced that digital signatures are now being rolled out for clients in Asia Pacific, following the initial product launch in 2018. As cross-border document and contract signing can be a time consuming process, this solution is designed to help streamline and expedite the client experience.
Deutsche Bank has now facilitated its first digitally signed document in Asia Pacific for BASF’s Regional Treasury Centre (RTC) in Hong Kong, a long-term client of the bank.
Jimmy Lui, regional treasurer for BASF - Asia Pacific, commented: "Being a regional treasury, we often execute agreements with our banking providers that impact a number of our entities across the region. Having a digital signing process that is available in all markets where we operate, makes banking with Deutsche Bank easy and efficient. This development also aligns with our corporate focus to drive digitalisation in our processes."
Chintan Shah, APAC head of Cash Products at Deutsche Bank, said: "We strive to streamline our clients’ processes wherever possible to support their business demands, and we believe that solutions like digital signatures are a key way to achieve this."
Clients can use digital solutions to accelerate the opening of accounts, sign documents and agree contracts with the bank. This solution is available to Deutsche Bank’s clients across 21 countries worldwide. BASF, a chemical producer headquartered in Germany, is the first Deutsche Bank client to use this solution in Asia Pacific.
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