Published on Cash Management (https://www.cashmanagement.bnpparibas.com)


Unveiling the secrets of international payments

published on 12.02.2015 by Wim Grosemans
  • Paying Here & Abroad

BNP Paribas Currency Guide sheds light on how to make successful payments in more than 130 currencies.

In line with its long-term commitment to cash, BNP Paribas has released an operational Currency Guide to support corporates faced with the challenge of making international payments. Also available online, the Currency Guide unveils the whys, whats and hows of making payments in over 130 currencies.

Serving more than 40,000 corporates worldwide, BNP Paribas is present in 57 countries with direct cash management resources. “The release of an operational Currency Guide providing both practical guidelines and currency knowledge demonstrates yet again our commitment to cash”, says BNP Paribas Global Head of Cash Management Pierre Fersztand.

In a globalised economy, the international payment scenarios are multiple. Yet the common denominator between a German-based chemical group with integrated R&D facilities in India, a US based chemical group having subsidiaries all around the world and a Belgian chocolate producer with suppliers in Brazil is that sooner or later, they will make international payments.

“All corporates, whatever their size and wherever they operate, will face the challenge of dealing with foreign currencies”, adds Head of Product Management International Payments, Wim Grosemans. “And the world of international payments is far from being homogeneous, with complexity as a corollary”. Indeed, the lack of consistency between local requirements, processes and practices is a major risk factor for organisations. BNP Paribas thorough expertise in international payments provides corporates with the support they need to best manage such complexity and uncertainty.

Hands-on and practical, the BNP Paribas Currency Guide delivers the guidelines that must be respected to secure international payments as well as exhaustive data on more than 130 currencies, thus responding to the needs of both treasurers and those in charge of making international payments. In addition, the Currency Guide includes a mail contact in case further information is required. BNP Paribas’ cash management officers are also available to provide any extra data and guidelines.

Click on the banner below to access the Currency Guide online:

Related Video

Payment in Renminbi towards China

Paying Here & Abroad 08/01/2015

Related Articles

Asia, a far from harmonious payments market

Paying Here & Abroad 01/09/2014

Looking east, an international sales director might picture the land of milk and honey, while a treasury executive will see a promising, yet complex patchwork. While the two will marvel at growth drawing near, the cash expert will soon endure the strains of a heterogeneous market. This article explores the multiple challenges of payments in Asia.

Unleashing the potential of SEPA

Paying Here & Abroad 01/09/2014

SEPA promised to turn Europe into a domestic market for cash management, and it is only a matter of time before it does. In order to unleash SEPA's full potential, SEPA-compliant corporations and public bodies should address a number of critical challenges; then -and only then- will SEPA foster a true framework for working capital innovation.

International payments at the top of treasurers' agendas

Paying Here & Abroad 01/09/2014

A global economy implies international flows, and these are on the uptrend. As the migration to SEPA is almost complete, European corporations are looking ahead and ready to address the challenges of international payments. But where SEPA harmonises the payment landscape within Europe, it remains largely heterogeneous outside.

Our Solutions

International Payments

29/09/2017

A global economy implies international flows, and these are on the uptrend.

Netherlands Antilles


Source URL: https://www.cashmanagement.bnpparibas.com/our-solutions/paying-here-abroad/unveiling-secrets-international-payments