BofA Merrill Helps Clients Reduce Costs With Multicurrency Netting

By Newsroom America Feeds at 16 Oct 2017


October 16, 2017, 9:00 am EDT

BofA Merrill Helps Clients Reduce Costs With Multicurrency Netting

Bank of America Merrill Lynch, a leader in global transaction services, is pleased to announce that it has expanded its payments capabilities with the launch of Multicurrency Netting. The new solution centralizes inter-company payments, enabling large companies that operate across multiple borders to reduce both the number of payments and the total value of payments made between companies that regularly invoice one another.


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