Deutsche launches global cash and FX service

The bank introduces a global foreign exchange service for corporate and financial institutional clients to help address their cross-currency payment requirements.

Deutsche Bank has launched a foreign exchange payments service for corporate and financial clients with global cross-currency payment needs.

The new product, fx4cash, offers seamless access via Swift, internet and host-to-host for clients to make cross-currency payments from 18 funding currencies to more than 75 local currencies. FX capabilities will also permit real-time streaming, fixed and benchmark rates.

├┤Banks in Asia have started to realise they need to consolidate their corresponding bank accounts and to reduce the number of US...

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