Tag: swift

When operations get complex, it could be time for a TMS. Treasurers share their experiences of the benefits and pitfalls

Wai Ling Ng, assistant general manager for group treasury at the Singapore-headquartered medical provider, explains how to set up a treasury management system.

CT outlines the key findings from its inaugural trade finance and risk management benchmarking survey

Use of letters of credit (LC) for exports to Bangladesh surged 118% last year, compared with the previous 12 months. Increased trade with China is likely a key driver.

Tan Lee Thong, general manager, group finance of the healthcare provider, on how to implement a multi-currency pool.

SWIFT gives corporations their own space at the annual SIBOS conference but went a little too far at Osaka 2012.

SWIFT payment data shows renminbi use is on the up, while a Deutsche Bank survey indicates strong European SME interest. However, enthusiasm for renminbi from China-based suppliers may actually be waning.

Tom Alaerts, product manager, standards, for SWIFT in Singapore advises on some of the differences in global bank messaging standards.

CT talks to David Vermylen, global credit manager, petrochemicals, at BP and Ashutosh Kumar (pictured), global head of trade product development at Standard Chartered about BP’s decision to conduct a unique end-to-end automated trade finance transaction.

Outside of China and Hong Kong, 47% of payments made in renminbi are conducted out of Europe, says SWIFT.