The document discusses facilitating multi-banking solutions in documentary trade finance for multinational corporations, outlining challenges corporations face with traditional trade instruments when working with multiple banks and the rationale for adopting standardized multi-banking solutions. It provides an overview of the role of standards bodies like ICC and SWIFT, the portfolio of industry standards for trade finance instruments, and best practices for corporations implementing multi-banking solutions using the MT 798 standards.
The document discusses various aspects of documentary letters of credit including:
1. The beneficiary of a letter of credit is the seller.
2. The primary liability to honor bills drawn under a letter of credit, if documents are in order, is on the letter of credit opening bank.
3. The proceeds of payment made on bills drawn under a letter of credit are to be sent to the seller's bank for crediting the seller's account.
The document discusses various payment methods and instruments used in international trade to address the dilemmas importers and exporters face. It describes prepayment, letters of credit, drafts, consignment, and open accounts. Letters of credit are discussed in depth, including the parties involved, the process, types of letters of credit, and risks. It provides details on how letters of credit work, the steps in the process, and benefits for both importers and exporters.
1. A credit card is pre-approved credit that allows individuals to purchase goods and services now and pay for them later. Credit limits are based on an individual's creditworthiness, or ability and willingness to repay debts.
2. Credit cards charge interest on unpaid balances and are primarily used for short-term financing. Holders can make purchases up to a pre-set credit limit and must make minimum monthly payments.
3. Credit card issuers, usually banks, set credit limits and reimburse merchants for purchases, while cardholders repay the issuer each month. Issuers make money through interest charges and fees.
This document is an owner's manual for the Miller Thunderbolt 225 CC/AC Welding Power Source. It provides specifications for the welder including its rated output, amperage range, dimensions, weight, and other technical details. The majority of the document discusses important safety precautions for arc welding, including hazards from electric shock, arc rays, fumes and gases, compressed gas cylinders, and risks of fire or explosion. Proper protective equipment and ventilation are emphasized.
Manufacturing, Import & Export - Comparision between USA & India pptHarbans Buttar, MBA
In this paper & presentation, I have cover Manufacturing and its content, Import, and export in the USA and then comparing the USA vs India on Manufacturing, imports, & exports etc.
This document lists SWIFT Standards MT and MX message types used for financial transactions. It includes the message identifier, name, and purpose for each type across several categories, including customer payments, financial institution transfers, treasury markets, collection and cash letters, and securities markets. There are over 50 message types described in detail to provide a comprehensive reference of standard SWIFT messages.
The document discusses the banker-customer relationship. It defines a banker as someone who receives deposits and honors cheques/drafts subject to fund availability. A customer is anyone who has an account with the bank.
The key relationships between a banker and customer are:
1) Creditor-debtor, with the customer as creditor when making deposits, and debtor when taking loans
2) Principal-agent, when the bank provides services like bill payments on behalf of the customer
3) Other special relationships can include bailee-bailor for safe deposit boxes, pawnee-pawner for assets pledged as collateral.
The bank has obligations to maintain customer confidentiality, honor checks
The document discusses various aspects of documentary letters of credit including:
1. The beneficiary of a letter of credit is the seller.
2. The primary liability to honor bills drawn under a letter of credit, if documents are in order, is on the letter of credit opening bank.
3. The proceeds of payment made on bills drawn under a letter of credit are to be sent to the seller's bank for crediting the seller's account.
The document discusses various payment methods and instruments used in international trade to address the dilemmas importers and exporters face. It describes prepayment, letters of credit, drafts, consignment, and open accounts. Letters of credit are discussed in depth, including the parties involved, the process, types of letters of credit, and risks. It provides details on how letters of credit work, the steps in the process, and benefits for both importers and exporters.
1. A credit card is pre-approved credit that allows individuals to purchase goods and services now and pay for them later. Credit limits are based on an individual's creditworthiness, or ability and willingness to repay debts.
2. Credit cards charge interest on unpaid balances and are primarily used for short-term financing. Holders can make purchases up to a pre-set credit limit and must make minimum monthly payments.
3. Credit card issuers, usually banks, set credit limits and reimburse merchants for purchases, while cardholders repay the issuer each month. Issuers make money through interest charges and fees.
This document is an owner's manual for the Miller Thunderbolt 225 CC/AC Welding Power Source. It provides specifications for the welder including its rated output, amperage range, dimensions, weight, and other technical details. The majority of the document discusses important safety precautions for arc welding, including hazards from electric shock, arc rays, fumes and gases, compressed gas cylinders, and risks of fire or explosion. Proper protective equipment and ventilation are emphasized.
Manufacturing, Import & Export - Comparision between USA & India pptHarbans Buttar, MBA
In this paper & presentation, I have cover Manufacturing and its content, Import, and export in the USA and then comparing the USA vs India on Manufacturing, imports, & exports etc.
This document lists SWIFT Standards MT and MX message types used for financial transactions. It includes the message identifier, name, and purpose for each type across several categories, including customer payments, financial institution transfers, treasury markets, collection and cash letters, and securities markets. There are over 50 message types described in detail to provide a comprehensive reference of standard SWIFT messages.
The document discusses the banker-customer relationship. It defines a banker as someone who receives deposits and honors cheques/drafts subject to fund availability. A customer is anyone who has an account with the bank.
The key relationships between a banker and customer are:
1) Creditor-debtor, with the customer as creditor when making deposits, and debtor when taking loans
2) Principal-agent, when the bank provides services like bill payments on behalf of the customer
3) Other special relationships can include bailee-bailor for safe deposit boxes, pawnee-pawner for assets pledged as collateral.
The bank has obligations to maintain customer confidentiality, honor checks
Red clause letters of credit originated as a means of providing sellers financing for purchases or production of goods. They allowed sellers to receive advances from the issuing or confirming bank before shipment using the letter of credit as collateral. While once common, red clause credits are now rarely used, being largely replaced by other forms of financing. Recent cases discuss liability and remedies under these historical letters of credit, but they remain mostly a thing of the past, confined now to only occasional or niche uses.
This document discusses Know Your Customer (KYC) guidelines for banks in India. It explains that KYC allows banks to properly identify customers and understand their financial transactions. The objectives of KYC are positive customer identification and safeguarding customer money. KYC applies when opening new accounts, changing account details, or conducting high-value transactions. Customers must provide photo ID, proof of identity, and proof of address, such as a passport, driver's license, or utility bills. Small deposit accounts have simplified KYC norms but still require identity verification. Relationship managers assist customers with KYC processes. Money laundering involves disguising illegally obtained money, and banks must properly identify customers to prevent this crime.
Overview of legal and financial risk-management considerations in financing international business transactions. In other words, "How to Get Paid, or Get what you Pay For in International Business".
Revolutionary developments in marketing, information and
communications technology continue to transform the banking and
financial industry. Distribution of banking services through the Internet is
an important part of this transformation. The objectives of this thesis are
mainly to assess the potential functions of e-clearing with respect to error
free fast funds settlement and to evaluate the competitive advantages of
Electronic Clearing House over Automated Clearing House. The study
explores the Electronic Clearing House in the perspective of time savings,
various costs elimination and maximization of profit for all the
stakeholders. The security measures in terms of digital signature to secure
data and information exchange over the internet would also be examined.
My research work during (Executive MBA 2006 ~ 2008) has been internationally published (Apr-2012) by LAP Publishing Germany. The topic of research was “Comparative Study of Automated Clearing House (ACH) AND Electronic Clearing House (ECH)”
https://www.morebooks.de/store/gb/book/comparative-study-of-ach-and-ech/isbn/978-3-8383-9439-8
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
The document discusses fraud prevention and control objectives including implementing robust fraud controls, complying with regulations, defining clear roles and responsibilities, recommending protective measures, and establishing investigation and reporting mechanisms. It notes fraud continues to be a concern and how fraudsters leverage technology. Key elements of fraud and the fraud triangle of opportunity, rationalization, and pressure are examined. Fraud indicators related to customers, products, staffing, and organizational risks are provided. Reporting requirements for significant fraud cases to compliance and internal audit are outlined.
International Trade and Inherent Risks
Definition
Need for Trade Finance
Players and stake holders
Elements of Trade Finance
Traditional
Trending
Trade Financing Agencies
Terminology
Inco Terms
Summary
The document provides information on foreign exchange, accounts maintained in banks for foreign exchange (nostro and vostro accounts), documents used in foreign trade such as commercial invoices, certificates of origin, packing lists, bills of exchange, bills of lading, and bills of entry. It also discusses letters of credit including types of letters of credit, the mechanism of letters of credit, and discrepancies that may be found in shipping documents. Key terms related to letters of credit such as payment against documents, loan against imported merchandise, and import trust receipt are also explained.
The document defines what constitutes a banker and a customer according to various sources such as the Bill of Exchange Act and authors like Heber L. Hart and Sir John Paget. It also summarizes the key rights and duties of bankers and customers, including a banker's duty of secrecy regarding customer accounts and information.
Inward foreign remittance activities in sibl Makhluk Hasan
This document discusses inward foreign remittance activities at SIBL bank. It defines remittance as money transferred by foreign workers to individuals in their home country. It outlines the process of remittances including request, instruction to transfer, amount credited. It discusses facilities for inward remittances in Bangladesh including drawing arrangements with foreign banks. Recently banks have aimed to credit beneficiary accounts within 3 days. It provides an overview of SIBL's past achievements and projections for remittance amounts through 2018.
Clearing confirms the identity and quantity of financial instruments in a currency derivatives trade, while settlement involves payment of obligations from the trade. Clearing corporations handle clearing and settlement with help from clearing members and clearing banks. There are three types of clearing members - self-clearing members who clear their own trades, trading/clearing members who trade and clear, and professional clearing members who only clear trades. Final settlement occurs at contract expiry when positions are marked to the final price and profits/losses are settled in cash based on the difference between the trade and final prices.
Android 4.2 Car Stereo Instructions Use ManualAuto pumkin
This Android 4.2 Car Stereo Use Manual can help you know how to set the android 4.2 car stereo audio wifi, bluetooth, GPS, lanague, steering wheel, factory, button, date and time, safety, backup and reset. All android 4.2 car head units from autopumpkin.com are suitable. The detail instructions of Pumpkin android 4.2 car stereo wiring diagram.
Advance Authorisation Scheme PPT - Latest Updates Included | AfleoAfleoConsultants
Advance Authorisation Scheme is introduced to import duty-free raw materials and to export those finished goods.
Advance Authorisation Scheme PPT gives all the information about objective of Advance Authorisation scheme / Types of Schemes under Chapter- 4 / SION Norms / Self Declaration Norms / Self Ratification Norms / Prior Fixation of Norms / Value Addition / Pre-Import Condition / Actual User Condition / Validity Period of Import & Re-validation / Export Obligation (Extension in EO) / Duty Free Import Authorisation (DFIA).
The Single Euro Payments Area (SEPA) allows consumers and businesses to make cashless euro payments across Europe as easily as within a country. It aims to simplify cross-border euro payments through common standards. Key benefits include easier cross-border payments, lower costs, and more payment options for consumers, businesses, and public administrations across Europe. The European Commission, European Central Bank, and banking industry work together to implement SEPA standards and schemes like credit transfers and direct debits.
- International payments can be settled through the conversion of one country's domestic currency into another's via the foreign exchange market. The three major forms of international money are gold, foreign reserve currencies, and SDRs (Special Drawing Rights).
- Foreign exchange markets allow currencies to be bought and sold. They are regulated by central banks to prevent large fluctuations and ensure orderly functioning. Commercial banks, brokers, exporters/importers, and investors participate in these markets.
- Exchange rates are determined by the demand and supply of currencies in the foreign exchange market. A flexible exchange rate adjusts automatically based on market forces, while a fixed exchange rate is maintained by central bank intervention.
This document presents information on factoring and forfaiting. It defines factoring as the conversion of credit sales into cash by selling accounts receivable to a financial institution. It describes the parties involved as the supplier, buyer, and financial intermediary (factor). It then explains the steps in factoring, types of factoring, costs, and compares factoring to loans and bills discounting. Forfaiting is described as purchasing export receivables without recourse to the exporter. The document outlines the forfaiting process, costs, and compares forfaiting to factoring. It provides a comparative analysis of bills discounting, factoring and forfaiting.
Corporate banking means custom made financing and banking services for corporations. This form of banking extends financial help to corporate entities to ease their day-to-day operations.
The document provided an overview of a Misys BankFusion analyst and investor event. Key points included:
1. BankFusion was presented as a new core banking solution from Misys that allows flexibility and cost reduction for banks.
2. Industry analysts views on BankFusion highlighted its potential as a modern banking system and highest integration score.
3. The event outlined BankFusion's strategic focus on internal renovation of existing Misys customers and providing an external renovation platform for other legacy systems.
4. Customer examples demonstrated BankFusion upgrades from Bankmaster and Equation as well as a new implementation at TIME Bank.
Treasury Transformation: From Operational to StrategicGTreasury
The completion of a Treasury Management System implementation does not also mean the end of strategic change you can offer the organization. You likely worked very hard to achieve important victories in your original TMS project, but it should not end there. It’s a well-worn adage that the only constant is change, but you must be prepared to leverage the technology you have implemented to lead that change. Treasury does not have to be a bystander constantly playing catch-up to the rest of the organization.
Red clause letters of credit originated as a means of providing sellers financing for purchases or production of goods. They allowed sellers to receive advances from the issuing or confirming bank before shipment using the letter of credit as collateral. While once common, red clause credits are now rarely used, being largely replaced by other forms of financing. Recent cases discuss liability and remedies under these historical letters of credit, but they remain mostly a thing of the past, confined now to only occasional or niche uses.
This document discusses Know Your Customer (KYC) guidelines for banks in India. It explains that KYC allows banks to properly identify customers and understand their financial transactions. The objectives of KYC are positive customer identification and safeguarding customer money. KYC applies when opening new accounts, changing account details, or conducting high-value transactions. Customers must provide photo ID, proof of identity, and proof of address, such as a passport, driver's license, or utility bills. Small deposit accounts have simplified KYC norms but still require identity verification. Relationship managers assist customers with KYC processes. Money laundering involves disguising illegally obtained money, and banks must properly identify customers to prevent this crime.
Overview of legal and financial risk-management considerations in financing international business transactions. In other words, "How to Get Paid, or Get what you Pay For in International Business".
Revolutionary developments in marketing, information and
communications technology continue to transform the banking and
financial industry. Distribution of banking services through the Internet is
an important part of this transformation. The objectives of this thesis are
mainly to assess the potential functions of e-clearing with respect to error
free fast funds settlement and to evaluate the competitive advantages of
Electronic Clearing House over Automated Clearing House. The study
explores the Electronic Clearing House in the perspective of time savings,
various costs elimination and maximization of profit for all the
stakeholders. The security measures in terms of digital signature to secure
data and information exchange over the internet would also be examined.
My research work during (Executive MBA 2006 ~ 2008) has been internationally published (Apr-2012) by LAP Publishing Germany. The topic of research was “Comparative Study of Automated Clearing House (ACH) AND Electronic Clearing House (ECH)”
https://www.morebooks.de/store/gb/book/comparative-study-of-ach-and-ech/isbn/978-3-8383-9439-8
All product and company names mentioned herein are for identification and educational purposes only and are the property of, and may be trademarks of, their respective owners.
The document discusses fraud prevention and control objectives including implementing robust fraud controls, complying with regulations, defining clear roles and responsibilities, recommending protective measures, and establishing investigation and reporting mechanisms. It notes fraud continues to be a concern and how fraudsters leverage technology. Key elements of fraud and the fraud triangle of opportunity, rationalization, and pressure are examined. Fraud indicators related to customers, products, staffing, and organizational risks are provided. Reporting requirements for significant fraud cases to compliance and internal audit are outlined.
International Trade and Inherent Risks
Definition
Need for Trade Finance
Players and stake holders
Elements of Trade Finance
Traditional
Trending
Trade Financing Agencies
Terminology
Inco Terms
Summary
The document provides information on foreign exchange, accounts maintained in banks for foreign exchange (nostro and vostro accounts), documents used in foreign trade such as commercial invoices, certificates of origin, packing lists, bills of exchange, bills of lading, and bills of entry. It also discusses letters of credit including types of letters of credit, the mechanism of letters of credit, and discrepancies that may be found in shipping documents. Key terms related to letters of credit such as payment against documents, loan against imported merchandise, and import trust receipt are also explained.
The document defines what constitutes a banker and a customer according to various sources such as the Bill of Exchange Act and authors like Heber L. Hart and Sir John Paget. It also summarizes the key rights and duties of bankers and customers, including a banker's duty of secrecy regarding customer accounts and information.
Inward foreign remittance activities in sibl Makhluk Hasan
This document discusses inward foreign remittance activities at SIBL bank. It defines remittance as money transferred by foreign workers to individuals in their home country. It outlines the process of remittances including request, instruction to transfer, amount credited. It discusses facilities for inward remittances in Bangladesh including drawing arrangements with foreign banks. Recently banks have aimed to credit beneficiary accounts within 3 days. It provides an overview of SIBL's past achievements and projections for remittance amounts through 2018.
Clearing confirms the identity and quantity of financial instruments in a currency derivatives trade, while settlement involves payment of obligations from the trade. Clearing corporations handle clearing and settlement with help from clearing members and clearing banks. There are three types of clearing members - self-clearing members who clear their own trades, trading/clearing members who trade and clear, and professional clearing members who only clear trades. Final settlement occurs at contract expiry when positions are marked to the final price and profits/losses are settled in cash based on the difference between the trade and final prices.
Android 4.2 Car Stereo Instructions Use ManualAuto pumkin
This Android 4.2 Car Stereo Use Manual can help you know how to set the android 4.2 car stereo audio wifi, bluetooth, GPS, lanague, steering wheel, factory, button, date and time, safety, backup and reset. All android 4.2 car head units from autopumpkin.com are suitable. The detail instructions of Pumpkin android 4.2 car stereo wiring diagram.
Advance Authorisation Scheme PPT - Latest Updates Included | AfleoAfleoConsultants
Advance Authorisation Scheme is introduced to import duty-free raw materials and to export those finished goods.
Advance Authorisation Scheme PPT gives all the information about objective of Advance Authorisation scheme / Types of Schemes under Chapter- 4 / SION Norms / Self Declaration Norms / Self Ratification Norms / Prior Fixation of Norms / Value Addition / Pre-Import Condition / Actual User Condition / Validity Period of Import & Re-validation / Export Obligation (Extension in EO) / Duty Free Import Authorisation (DFIA).
The Single Euro Payments Area (SEPA) allows consumers and businesses to make cashless euro payments across Europe as easily as within a country. It aims to simplify cross-border euro payments through common standards. Key benefits include easier cross-border payments, lower costs, and more payment options for consumers, businesses, and public administrations across Europe. The European Commission, European Central Bank, and banking industry work together to implement SEPA standards and schemes like credit transfers and direct debits.
- International payments can be settled through the conversion of one country's domestic currency into another's via the foreign exchange market. The three major forms of international money are gold, foreign reserve currencies, and SDRs (Special Drawing Rights).
- Foreign exchange markets allow currencies to be bought and sold. They are regulated by central banks to prevent large fluctuations and ensure orderly functioning. Commercial banks, brokers, exporters/importers, and investors participate in these markets.
- Exchange rates are determined by the demand and supply of currencies in the foreign exchange market. A flexible exchange rate adjusts automatically based on market forces, while a fixed exchange rate is maintained by central bank intervention.
This document presents information on factoring and forfaiting. It defines factoring as the conversion of credit sales into cash by selling accounts receivable to a financial institution. It describes the parties involved as the supplier, buyer, and financial intermediary (factor). It then explains the steps in factoring, types of factoring, costs, and compares factoring to loans and bills discounting. Forfaiting is described as purchasing export receivables without recourse to the exporter. The document outlines the forfaiting process, costs, and compares forfaiting to factoring. It provides a comparative analysis of bills discounting, factoring and forfaiting.
Corporate banking means custom made financing and banking services for corporations. This form of banking extends financial help to corporate entities to ease their day-to-day operations.
The document provided an overview of a Misys BankFusion analyst and investor event. Key points included:
1. BankFusion was presented as a new core banking solution from Misys that allows flexibility and cost reduction for banks.
2. Industry analysts views on BankFusion highlighted its potential as a modern banking system and highest integration score.
3. The event outlined BankFusion's strategic focus on internal renovation of existing Misys customers and providing an external renovation platform for other legacy systems.
4. Customer examples demonstrated BankFusion upgrades from Bankmaster and Equation as well as a new implementation at TIME Bank.
Treasury Transformation: From Operational to StrategicGTreasury
The completion of a Treasury Management System implementation does not also mean the end of strategic change you can offer the organization. You likely worked very hard to achieve important victories in your original TMS project, but it should not end there. It’s a well-worn adage that the only constant is change, but you must be prepared to leverage the technology you have implemented to lead that change. Treasury does not have to be a bystander constantly playing catch-up to the rest of the organization.
Define the future - Connect, Innovate, Expand Misys
This presentation outline the Misys vision and how we hope to help our clients define the future. Our new Fusion software family and strategy are also covered.
This document discusses risk management in foreign exchange. It analyzes the income statements of two companies, HCL and Dell, under optimistic, most likely, and pessimistic scenarios for exchange rate fluctuations. The findings show that under a most likely scenario, both companies would see a 9.5% increase in profits. Under optimistic and pessimistic scenarios, the profits would increase 12.5% and 3%, respectively. The conclusions state that companies must adapt their services to global standards and be responsive to changing market conditions to manage foreign exchange risk.
Digitised Trade: connecting markets and supply chain financeMisys
This webinar presentation was hosted by both Misys and the ICC Academy. We explore the driving forces, challenges and opportunities for digitised trade. And The future of digital trade and supply chain finance.
Forex and Contracts-For-Difference (CFD) trading uses leverage, which can greatly multiply your profit or loss. The larger the potential profit, the greater the risk. In fact, before starting to trade Forex and CFD, you need to understand that risk acceptance is a prerequisite for leveraged trading.
Yes there are many Forex trading risks, but there are also various ways to reduce them. We will lead you through the basics of how to minimize your losses using Forex risk management strategies.
Case Study (MIS in Finance) -- State Bank of India (TCS)Shabbir Akhtar
[ the presentation can be found at: http://slidesha.re/MIS-finance ] Case Study on State Bank of India used to present the effect of MIS (BaNCS by TCS) in Finance by Shabbir Akhtar for the subject Management Information System.
Corporate banking involves providing financing, cash management, trade and transaction services, and foreign exchange services tailored for large corporate customers. It also includes deposit products for corporates. Providing these services requires following regulations set by entities like SEBI, RBI, and FEMA which govern areas like public issues, money laundering prevention, foreign investment rules, and foreign exchange management.
Infographic of the International Chamber of Commerce (ICC) Global Trade Finance Survey highlighting key facts about the changing nature of world trade - asking the question: "Are we at a tipping point for Supply Chain Finance?"
This document discusses foreign exchange risk and its management. It defines foreign exchange risk as the risk of an investment's value changing due to currency fluctuations. It identifies the main types of foreign exchange risk as transaction risk, translation risk, and economic risk. Transaction risk arises from currency movements between the signing and execution of contracts. Translation risk occurs when consolidating financial statements in different currencies. Economic risk affects the long-term expected profits and wealth of a company due to currency changes. The document outlines various hedging strategies to manage these risks, including the use of forwards, futures, and money markets.
The document discusses the adoption of SWIFT's MT798 standards for facilitating multi-banking in trade finance. It outlines that major corporates and banks are adopting the standards, and that leading trade finance vendors have solutions that are compliant. The standards help enable end-to-end connectivity between parties and avoid issues of proprietary formats. They also provide benefits around costs, legal complexity, and know-your-customer processes for both banks and corporates.
BPO session featuring DB, JPM, Bank of China and Bank of Tokyo MitsubishiAndré Casterman
The document provides an update on the Bank Payment Obligation (BPO) project led by the ICC Banking Commission. It outlines the objectives of developing BPO rules as a new industry-wide instrument to facilitate electronic matching and payment of international trade transactions. The agenda includes presentations from SWIFT, banks, and technology partners on how BPO can complement existing trade instruments, support supply chain finance, and leverage ISO 20022 standards for structured data exchange. Tentative timelines are provided for drafting and approving BPO rules by 2013.
This document discusses Liberty Global's implementation of Sungard's Ebam solution to improve their global bank account and cash management processes. Ebam provides centralized management of Liberty Global's over 500 bank accounts across 60 bank relationships and 14 operating entities. It allows for real-time transparency and control of bank account information, signing rules, and mandates. The implementation of Ebam is expected to reduce costs through streamlining processes, increasing efficiencies, and providing tools to more easily satisfy auditing requirements.
Dharmes Mistry Tony De Bree S O A Business Persp V1aSOA Symposium
This document summarizes a presentation on service-oriented architecture (SOA) in the financial services industry. The presentation discusses:
1) Current business requirements for financial institutions including agility, short development cycles, and a focus on clients over IT.
2) Examples of how SOA has generated cost savings for banks through smaller projects, reduced licensing fees, and staff reductions of 45-53%.
3) Opportunities for financial services companies to develop "killer apps" using SOA and web 2.0 technologies like online oversight tools and internal monitoring systems.
Closing the Invoice to-Contract Cycle for Huge SavingsSAP Ariba
This document discusses SunTrust Bank's implementation of a spend management strategy using Ariba solutions. It provides an overview of SunTrust, describes their lack of spend visibility and contract compliance prior to the strategy. The goals were to ensure contract compliance by matching invoices to contract rates and to increase spend visibility. Ariba solutions deployed included supplier management, sourcing, contract management, procurement, accounts payable, and the Ariba Network. An evaluation of SunTrust's $2.1 billion procurable spend found 80% was concentrated among 400 suppliers and critical suppliers accounted for 40% of spend. The strategy aimed to close the invoice-to-contract cycle for significant savings.
Buy Side Challenges in the Field of Collateral Management - Marc Peter JahnckeLászló Árvai
Prior to 2009, strict regulations did not exist on
collateralized products. Over-the-counter
derivatives were traded under an ISDA Master
Agreement or long form confirmation
The document provides a cautionary statement about forward-looking statements made in a presentation. It notes that several important factors could prevent the company, Level 3, from achieving its goals, such as successfully integrating acquisitions, managing risks from economic uncertainty, obtaining financing, and adapting to technological changes. The statement advises that Level 3's forward-looking statements should be evaluated in light of the important risk factors in its SEC filings.
The Common Global Implementation (CGI) provides a forum for financial and non-financial institutions to progress corporate-to-bank ISO 20022 implementation topics and activities in payments. CGI aims to simplify implementation for corporates by developing common templates for ISO 20022 messages like pain.001, pain.002, and camt messages. Over 70 financial and non-financial member institutions collaborate on the CGI deliverables and implementation guidelines to promote widespread adoption of ISO 20022.
1. The document outlines guidelines for transforming ADOPEM NGO into a regulated financial institution to increase sustainability and attract local and international investment.
2. A market research study will assess feasibility and form a plan of action, with the goal of diversifying funding sources to 40% NGO, 30% local investors, and 30% international investors.
3. The transformation process will include establishing articles of incorporation, requesting authorization from regulatory bodies, developing operational guidelines, and staff training to adapt financial and accounting practices to regulated institution standards.
Future of XML Payment Management: Challenges, Evolution and Benefits March 2...XMLdation Ltd
Future of XML Payment Management: Challenges, Evolution and Benefits March 2014 with GTNews.
Record of this presentation can be found from XMLdation homepages http://www.xmldation.com
How Cloud Computing Impacts Trade FinanceCognizant
Cloud computing can accelerate the recovery of trade finance, enabling banks to build a strong architecture for maximizing profitability by making such services more affordable and accessible to customers.
Informatica Solution for SWIFT IntegrationKim Loughead
Overview of Informatica's solution for financial services organizations who need to exchange payment data including SWIFT, NACHA, SEPA, FIX, etc. messages with other financial institutions
The Electronic Marketplace for OTC Cleared DerivativesCleartrade
The document discusses the opportunity for regulatory reform in the OTC derivatives market in light of the Dodd-Frank Act. It introduces the Cleartrade Exchange, an electronic marketplace for OTC cleared derivatives that connects traders, brokers, and clearing houses. The Cleartrade Exchange provides centralized, transparent, and anonymous trading of derivatives like freight contracts. It utilizes leading technology to offer execution, clearing, and risk management functions to participants.
Informatica for Managing SWIFT Payment IntegrationKim Loughead
Overview of Informatica's solution to help financial services organizations connect and managing global payment data exchange including SWIFT, NACHA, or SEPA messages
This document cautions that some statements made are forward-looking and subject to uncertainties. It identifies important risk factors that could prevent the company from achieving its goals, such as successfully integrating acquisitions, managing economic uncertainties, and developing new services. However, it also outlines how the company is well positioned for growth due to its large global network, broad portfolio, revenue growth, operating leverage, and improving credit profile.
Enabling product personalisation using Apache Kafka, Apache Pinot and Trino w...HostedbyConfluent
Our core banking platform has been built using domain driven design and microservices and whilst this provides many well-known advantages, it also presents some challenges. Data encapsulation results in each application having its own data store and it becomes impossible to query the state of a customer’s relationship in totality to provide the right products. This challenge becomes even harder if we want to personalize products based on aggregate values of a customer’s behavior over potentially large periods of time.
In this session, we describe how we overcome this problem to enable dynamic charging and rewards based on customer behavior in a banking scenario. We describe
• How we guarantee consistency between our event stream and our OLTP databases using the Outbox pattern.
• The design decisions faced when considering the schema designs in Pinot and how we balanced flexibility and latency using Trino
• Two patterns for enriching the event stream using Kafka streams and how we dealt with late arriving events and transactions.
22. supporting business registration reform through technology mr. dobromirCorporate Registers Forum
This document discusses supporting business registration reform through technology. It covers how ICT can contribute to more effective business registries, the World Bank Group's experience with registry automation projects, and considerations for implementing registry systems. The document provides an overview of the CIC's Task Manager's Toolkit, which provides guidance on requirements, infrastructure, components, and designing sustainable IT solutions for business registry systems. It also presents a model ICT roadmap for business registry projects.
Available for interview and immediate start
Looking for Regulatory or Process Improvement contract roles, focused on Implementation and or Change Delivery roles with a daily rate £ (neg)
UK passport holder
Ltd Company and VAT registered
No holidays booked for 2016
Personal Liability and Indemnity insured
Activity to date:
August 2015 to date.
Sabbatical and concentrating on a self-build project at home, whilst looking for the right role. Would consider Client Reference Data remediation work or BAU/Ops Client on Boarding roles.
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Multi-bank Trade Finance for Corporates
1. Trade Finance for Corporates
Facilitating multi-banking solutions
in documentary trade finance
SWIFT’s Trade and Supply Chain team
Webinar, July 2012
supplychain@swift.com
Join our LinkedIn group Supply Chain on SWIFT
2. Content
• Rationale for MNCs to adopt multi-bank solutions in trade finance
• Role of standardisation bodies
• Portfolio of industry standards
• Scope of SWIFT’s MT 798 standards
• Use of SWIFT’s FIN and FileAct
• Adoption by corporates, banks and vendors
• Best practices for corporates
• Future developments
• Benefits
• Training and Consulting Services
• Conclusion
• Contacts
Trade finance for corporates – Webinar 12 July 2012 2
3. Trade Finance for Corporates
MNCs and multi-banking in
trade and supply chain finance
SWIFT and your
payments business
3
4. Corporate challenges with traditional trade
instruments (1/2)
Export documentary credit Import documentary credit
• Difficult to manage advices of export L/Cs • Treasury lacks visibility to the allocation of
and amendments received from multiple credit facilities to business units for import
banks in paper form and via different banks L/C issuance
portals
• Lack of standardised approval process for
• Internally, difficult to collaborate between import L/C issuance
treasury and various business units on L/C
• Delays in import L/C issuance
allocation and preparation of documents
• No electronic global data base of import L/Cs
• Lack of visibility of each step in the
for real time reporting of outstanding L/Cs.
transaction process
Ideally by Business Unit, Bank, Product,
• Too many discrepancies, slowing down Counter Party
document compliance checking
• Difficult to link import L/Cs with export L/Cs
• Delayed receipt of payment for back to back transactions
• Challenging to set up permanent and
transactional alarms on key L/C dates
Trade finance for corporates – Webinar 12 July 2012 4
5. Corporate challenges with traditional trade
instruments (2/2)
Standby L/C and Demand Guarantee issuance
• Management is decentralized and handled independently by each subsidiary
– Difficult for central treasury to monitor the terms and the availability of Standby L/C and
Guarantee facilities and improve the diversification of business allocation between the
banks
– How to offer flexibility for subsidiaries but enforce standard policies moving forward?
• Reconciliation of related data and settlement of fees is time consuming and prone to errors
• Complex documentation management will result in increased charges
• Transparency is not optimal and will result in differences between the banks‘ and treasury‘s
records
• With different technology solutions, more challenging to on-board subsidiaries and banks
Trade finance for corporates – Webinar 12 July 2012 5
6. Rationale for MNCs to adopt multi-banking
solutions for trade finance
Digitise and
automate
Improve Consolidate
control information
Standardise
Accelerate
bank
decisions
interface
Trade finance for corporates – Webinar 12 July 2012 6
8. Industry standards
Developed by international standardisation bodies
• Trade Finance instruments
(E.g. UCP 600, URDG 758, ISP98, URC 522, URBPO)
• MT standards
(for L/Cs, Demand Guarantees, Collections)
• ISO 20022 standards
• ISO 9362 Business Identifier Code (BIC)
• ISO Country codes, Currency codes, …
Industry standards are industry-owned and technology-neutral.
They offer a dependable legal and operational framework.
Trade finance for corporates – Webinar 12 July 2012 8
9. Trade Finance for Corporates
Portfolio of Industry Standards
SWIFT and your
payments business
9
10. 1
Industry standards for L/Cs and Guarantees
UCP 600
URDG 758
ISP98
MT 798 Documents MT 7XX MT 798 Documents
1 2 3
Buyer Seller
Buyer’s Seller’s
bank(s) bank(s)
SWIFT's MT 7xx are industry owned and technology FIN MT 7xx
neutral standards in support of ICC's rules for L/Cs,
FIN MT 798
Standby L/Cs and Demand Guarantees
Trade finance for corporates – Webinar 12 July 2012
FileAct10
11. 2
Public Domain
Industry standards for Bank Payment Obligation
Bank
Payment
Obligation
1 2 3
Buyer Seller
Any channel / Trade Any channel /
Commercial
any format / Matching any format /
any solution Application any solution
• Bank portal • SWIFT's Trade Services • Bank portal
• SWIFT's SCORE Utility (TSU) • SWIFT's SCORE
• Paper • Any other inter-bank • Paper
trade matching
application (TMA)
Trade finance for corporates – Webinar 12 July 2012 ISO 20022 optional 11
ISO 20022 mandatory
12. Industry standards support end-to-end flows
MT 798 MT 7XX MT 798
ISO 20022 ISO 20022 ISO 20022
Internet Internet
Buyers Issuing banks Advising / confirming banks Sellers
Application, Inter-bank flows Advice, confirmation,
amendment, … amendment, …
Streamline the L/C, Guarantees and open account trade transactions
Automate workflow of the trade life cycle to reduce cost
Accelerate handling of discrepancies and settlement
Move to paperless transaction processing
Enhance visibility on credit lines
Trade finance for corporates – Webinar 12 July 2012 12
13. Industry standards enable competitive vendor
solutions to interoperate
MT 798 MT 7XX MT 798
ISO 20022 ISO 20022 ISO 20022
Internet Internet
Buyers Issuing banks Advising / confirming banks Sellers
Application, Inter-bank flows Advice, confirmation,
amendment, … amendment, …
Business process-level interoperability between various software solutions
Increased choice of vendor solutions in competitive space
No need for banks to join multiple corporate portals
Reduced technical, operational and legal costs
No vendor lock-in
Trade finance for corporates – Webinar 12 July 2012 13
14. Trade Finance for Corporates
Scope of MT 798 standards
SWIFT and your
payments business
14
16. EXPORT DOCUMENTARY CREDITS Corporate-to-Bank
Bank-to-Corporate
Bank Beneficiary
MT 798<774>
Export Documentary Credits
MT 798<700> CREDIT ADVICE
MT 798<701>
MT 798<776> AMENDMENT ADVICE
MT 798<707>
AMENDMENT ACCEPT/REFUSAL ADVICE MT 798<735>
MT 798<780>
MT 798<710> THIRD BANK ADVICE
MT 798<711>
MT 798<737> PRESENTATION RESPONSE
MT 798<751> A U T H O R I S A T I ON A D V I C E N O T I F I CA T I O N
MT 798<752>
MT 798<753> COMPLIANCE ADVICE NOTIFICATION
MT 798<754>
MT 798<731> DISCHARGE ADVICE NOTIFICATION
MT 798<732>
MT 798<733> REFUSAL ADVICE NOTIFICATION
MT 798<734>
MT 798<755> PAYMENT ADVICE NOTIFICATION
MT 798<756>
TRANSFER REQUEST MT 798<722>
MT 798<782>
MT 798<720> TRANSFER ADVICE
MT 798<721>
EXPORT PAYMENT SETTLEMENT ADVICE 16
MT 798<758>
18. GUARANTEES / STANDBY LETTERS OF CREDIT cont. Corporate-to-Bank
Bank-to-Corporate
Bank Guarantees/Standby Letters of Credit Beneficiary
MT 798<745 or 746 > ADVICE
MT 798<760>
MT 798<743 or 744 > AMENDMENT ADVICE
MT 798<767>
PAYMENT CL AIM MT 798<712>
MT 798<714> CLAIM ACKNOWLEDGEMENT
18
19. COMMON GROUP Corporate-to-Bank
Bank-to-Corporate
Applicant Bank
C H A R G E S S E T T L E M E N T N O T I CE MT 798<793>
MT 798<790>
CHARGES SETTLEMENT REQUEST MT 798<794>
MT 798<791>
MT 798<788> F R E E F O R M AT
MT 798<799>
FREE FORMAT MT 798<789>
MT 798<799>
Corporate-to-Bank
Bank-to-Corporate
Bank Beneficiary
MT 798<793> C H A R G E S S E T T L E M E N T N O T I CE
MT 798<790>
MT 798<794>
CHARGES SETTLEMENT REQUEST
MT 798<791>
F R E E F O R M AT MT 798<788>
MT 798<799>
MT 798<789> FREE FORMAT
MT 798<799>
19
21. Use of FIN and FileAct for C2B
documentary trade finance flows
FIN FileAct
• Structured MT 798 messages • Facilitates document
between the banks and the exchange between banks
corporates (content defined and corporates
by instrument) • Any document type in any
• MT7XX messages between preferred or required format
the banks – Stand-by L/Cs & Guarantees:
• Enables higher level of • Draft guarantee text
automation and back-office • Scanned copy of the issued or
received guarantee/amendment
integration
– Export L/Cs:
• Commercial documents related
to the transaction
Trade finance for corporates – Webinar 12 July 2012 21
22. Trade Finance for Corporates
Adoption of MT 798 standards
SWIFT and your
payments business
22
23. Corporates adopting the MT 798 standards
Most are already using SWIFT for payments but this is not a pre-requisite
Corporates Use of MT 798 Use of MT 798 Live Multi-bank
for … as … Usage Solution
Alcatel-Lucent Guarantees Exporter Live Surecomp
Saudi Aramco Export LCs Exporter Live In-house
ArcelorMittal Export LCs Exporter Live Misys
International
Metro Group Import LCs Importer Live In-house
Buying
Metsä Finance Export LCs Exporter Q4 2012 GlobalTrade
Corporation
Safran Guarantees, LCs Exporter and Q4 2012 GlobalTrade
importer Corporation
Voith Guarantees, LCs Exporter and Q4 2012 Surecomp
importer
Close to 10 additional corporates will publicly disclose
their adoption of MT 798 in H2 2012
Trade finance for corporates – Webinar 12 July 2012 23
24. 25 banks adopting the MT 798 standards
12 from the top20 Trade banks
Trade finance for corporates – Webinar 12 July 2012
24
25. All leading Trade Finance vendors are
accredited by SWIFT
SWIFTReady for
SWIFTReady Trade
Corporates – Trade
Finance
Finance
• Bank-to-bank standards • Corporate-to-bank
• Corporate-to-bank standards
standards Bank Corporates
Vendor Trade Finance Vendor Trade Finance
Solution Solution
China Systems Eximbills GTC GlobalTrade Corporate
CSI BankTrade Misys Misys Trade Portal
Misys Trade Innovation Pinnacle Synergy Trade Services
Plus Solutions (TS) Multi-bank
Incorporated Corporate Site
MIT CREDOC
(PSI)
Sopra Evolan IB
Note: Surecomp is ready but not certified in 2011
Surecomp DOKA 5, IMEX
Trade finance for corporates – Webinar 12 July 2012 25
26. Trade Finance for Corporates
Best practices for multi-banking
Trade finance for corporates – Webinar 12 July 2012 26
27. Best practices for multi-banking in trade finance
Rules • ICC Banking Commission's rules
• MT Cat4/7 standards
Messages • ISO 20022 standards
Identity • Business Identifier Code for banks and
corporates (BIC or ISO 9362)
• SWIFT for bank-to-bank (FIN)
Channel • SWIFT or Internet for corporate-to-bank
• SWIFTReady vendors
Solutions • In-house development
Industry standards enable banks and corporates to increase efficiency and
minimise costs when respecting all of the above best practices
Trade finance for corporates – Webinar 12 July 2012 27
28. Issues for corporates with non standardised multi-bank options
Scenarios: Corporate using a Corporate re-using Corporate using a Corporate using
vendor platform its FI BIC and the vendor BIC and
forcing banks to MT 7xx messages the MT 798 MT 798 standards with
Major issues own BIC in SCORE
adopt proprietary on the bank-to- standards on the
for formats, security bank FIN service bank-to-bank FIN
corporates: and rules service
Increased Need for multiple Proprietary Re-use SWIFT
vendor and solutions when any development: so connectivity in use for
of the banks packaged solutions
technical treasury and cash
required do not and costs cannot be
costs support the vendor shared management
platform
Not following Dependency on Not able to benefit Corporate does not Single process with all
industry single vendor from full MT 798 benefit from banking partners
solution: less functionality SWIFT's FIN
standards
competition and Responsibility and
and best technical lock-in Liability (R&L)
practices
Increased Parties need to Parties need to Corporate cannot Standardised SCORE
legal develop vendor- develop corporate- benefit from agreement for cash and
specific contractual specific contractual standardised legal
complexity trade
arrangements arrangements documentation
and costs
Increased Depends on vendor- Lack of visibility on Lack of full visibility Standardised SWIFT
KYC risks owned legal corporate identity, to corporate registration for corporates
frameworks resulting with likely identity, resulting
and re-use of BIC by
KYC issues with likely KYC
issues corporate 28
30. Next version of MT 798 standards (1/2)
General
• Incremental changes
• Further clarification
• Editorial corrections
Discrepancy Settlement
• MT 798<749> Response to Advice of Discrepancy
Waiving of discrepancies by applicant pending adjustment of amount payable.
To be agreed and accepted by Beneficiary.
Presentation
• MT 798<737> Response to Documentary Credit Presentation
Additional fields.
Trade finance for corporates – Webinar 12 July 2012 30
31. Next version of MT 798 standards (2/2)
Lead Bank Model
• Addition of 3 optional fields at the end of every MT 798 Index Message
– Customer Identifier
– Processing Bank Identifier
– Lead Bank Identifier
Requested new functionality (for review)
• Multi-currency guarantees
• Drafting of Applications and Amendments (Guarantees & Standbys)
• Settlement of Guarantee/Standby Claim
• Amendment of Export L/C Transfer
Analysis and Review
• 2/3 Community Review Cycles
• 3 week review period
• 1st Draft, end July 2012
• Final Publication, November 2012 31
33. Win-win benefits for corporates and banks
Benefits Corporates Banks
Consolidated Trade finance positions and increased visibility
Single multi-bank & multi-business channel
Dematerialization & standardization
Re-use bank-to-bank FIN MT7xx data fields with Corporates
Re-use of FileAct for any needed documents
to be included in the information flows
Overall cost reduction
Improved straight-through processing end-to-end
Improved overall transaction time
Only one interface development to integrate to Bank back
office (no need for vendor-specific interfaces, procedures,
contracts, formats)
Corporates and banks can make independent decisions
on technical platforms and implementations
Trade finance for corporates – Webinar 12 July 2012 33
35. Training and Consulting Services
• On-site courses on MT 798 standards
• SWIFT Consulting Services puts at your disposal a dedicated
team of experts who provide extensive knowledge of financial
markets, message standards and back office integration
• Our consultants can lead and support every phase of your
project:
– From assessment and analysis of your processes and needs
– Design and implementation of the right solution
– Support you through “go live” and maintenance following
launch
• Great asset if you decide to up-grade and integrate your in-
house systems
Trade finance for corporates – Webinar 12 July 2012 35
36. SWIFT’s Consulting portfolio
Common problems, unique solutions
Business
Do you need knowledgeable and dedicated
assistance during your SWIFT projects?
How to use SWIFT Do you need help Do you have
data to get to strategic with optimal usage of Redundant & manual
insights? Standards? interventions?
Technical
What is the right How to get to 5x9’s How can you further
sourcing model for operational reduce your Cost of
SWIFT infrastructure? excellence? Ownership?
Implementation
How to get to an easy Who can guarantee Can you provide me
integration of your risk-free installations peace of mind post
applications & SWIFT and field services? ‘go live’?
36
38. Conclusion
Multi-banking in trade finance is now a reality
• All trade banks in the world use SWIFT's MT7xx standards with
their correspondent banks
• The leading trade finance banks are now extending the use of
those standards to the corporate world through the MT 798; all
leading vendors have adopted the MT 798
• The MT 798 can be used on any channel (Internet, SWIFT) and
with any software solution; the SWIFTReady certification ensures
inter-operability between competitive vendor solutions
• The growing adoption by all leading players confirms the
immediate relevance of the MT 798 industry standards to the trade
finance market
Avoid vendor lock-in by pushing back on proprietary portals/formats
Trade finance for corporates – Webinar 12 July 2012 38
40. Contact the MT 798 bank product teams
Banks adopting MT 798 Country MT 798 Product contact
Bank of America US Paul Johnson
Banque Saudi Fransi SA Shafeek H. Al-Manameen
Bayerische Landesbank DE Florian Seitz
BNP Paribas FR Eric Henry
BNY Mellon US Andres Ramos
Citibank US Fran Martell
CM CIC FR Tony Croizer
Commerzbank DE Sven Mueller
Crédit Agricole CIB FR Patrick Boiteau
Danske Bank DK John Enemark
Deutsche Bank DE Frank Bothe
Gulf International Bank SA Mathew Silva
HSBC HK Kate Han
JP Morgan Chase US Merlin Dowse
KBC BE Karen Sterckx
LBBW Landesbank Baden Württemberg DE Rolf Seidel
Nordea FI Soren Andresen
RBS US Deborah Seliski
Riyad Bank SA Medhat Sanuri
Samba SA Abdulkader A. Bazara
Société Générale FR Corinne Bakok
Standard Chartered SG Ashutosh Kumar
The National Commercial Bank SA Omar Yassine
UBSfinance for corporates – Webinar 12 July 2012
Trade
AG CH Erwin Freiburghaus 40
Unicredit AT Markus Wohlgeschaffen
42. Contact our SWIFTReady for Corporates -
Trade Finance 2011 partners
Partner Solution Contact
Jacob Katsman, Nick Pachnev
katsman@globaltradecorp.com
GlobalTrade Corporate pachnev@globaltradecorp.com
+1 416 627 8520 / +1 416 661 8520
Olivier Berthier, Stéphane Nouy
Olivier.Berthier@misys.com
Misys Trade Portal +65 6416 4095
Stephane.Nouy@misys.com
+33 (0)1 53 00 70 13
Pinnacle Synergy Trade John Nash
Solutions Services (TS) Multi-bank +44 7587 088 049
john.nash@psi-nj.com
Incorporated (PSI) Corporate Site
Note: Surecomp is ready but not certified in 2011
Trade finance for corporates – Webinar 12 July 2012 42
43. Contact us now!
André Casterman Head of Banking and Trade solutions
Patrick Krekels Legal Counsel
Nadine Louis Supply Chain Finance and Business Intelligence
Marie-Christine Diaz Supply Chain Finance
David Hennah Supply Chain Finance
Aline Henrard Supply Chain Finance
Raimo Naatsaari Documentary Trade Finance and e-invoicing
David Dobbing Standards
Robert Marchal Standards
Kineth Yuen Standards – Asia Pacific
Angéline Tan Standards – Asia Pacific
Filip Versluys Partner Management
Chris Conn Business Development – Americas
James Wills Business Development – Americas
Connie Leung Business Development – Asia Pacific
Vivian Zeng Business Development – Asia Pacific
Robert Schneider Business Development – EMEA
Urs Kern Business Development – EMEA Neil Gray Corporate Sales – UK/Ireland/Nordics
Matt Monaco Corporate Sales – Americas Jan Heinsbroek Corporate Sales – Nordics
Zelda Anthony Corporate Sales – Asia/Pacific Roger Inderbitzin Corporate Sales – Switzerland
Thomas Peeters Corporate Sales – Benelux Ashley Schmidt Media Relations – Americas
Sebastian Niemeyer Corporate Sales – AT/DE/CH Sandra Gavard Media Relations – Asia Pacific
Arnaud Dupuy Corporate Sales – France Thea George Media Relations – EMEA 43
E-mail: firstname.lastname@swift.com