Any TMS morning starts with updating and reconciling the cash positions across accounts by a daily upload of electronic bank statements (MT 940, 942.…
Payments systems have always been complex but critical parts of the banking world. Over the last decade, the payments environment has become much mor…
In an average payments operations department, two to five per cent of all payments, are made on any particular day, resulting in an enquiry with valu…
Cross-border payments usually pass through several banks until the funds have been transferred from the payer to the account of the beneficiary. This…
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