standard-chartered-adopts-tsu

Standard Chartered adopts TSU

The bank offers Swift's Trade Services Utility across its electronic banking channel, enabling its clients to further automate their financial supply chain processes.
Standard Chartered has boosted its offering to clients by adopting SwiftÆs Trade Services Utility TSU standard into its one-stop proprietary electronic banking channel, Straight2Bank.

The fully integrated platform will now offer open account functionality to Standard CharteredÆs corporate and institutional clients, allowing the bank's clients to extend their supply chain reach.

Jiten Arora, global head of client access at Standard Chartered Bank, explained ôWe sees TSU as a complementary tool to our suite of products aimed at satisfying the needs of customers who choose open account as their means of settlement. By utilising TSU we can additionally extend our clients' reach beyond any one bankÆs proprietary system and provide them with the ability to exchange...
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