SPOTLIGHT ON CROSS-BORDER PAYMENT CHALLENGES
“Critical business requires faster payment execution”
“Many times we don’t have visibility on the fees lifted along the way”
“I’m not able to tell when the money hits the beneficiary’s bank account”
“We miss information regarding the invoice and the payer for timely reconciliation”
EACT, the European Association of Corporate Treasurers, representing 23 national associations of corporate treasurers has always been at the forefront of innovation and new regulations. This EACT Briefing focusing on cross-border payments, will help treasurers in their day-to-day activities. As the world becomes more and more international so is the activity of the treasurer. This edition focusses on gpi, the new SWIFT Global Payment Innovation, which will significantly improve international payment processes and address many of the issues treasurers are facing today.