“The complexity of international guarantees no longer prevents them from being processed digitally”, according to Malik Dahmoune, from Finelia

In November, SWIFT will release a new set of trade finance messages to facilitate paperless processing of international guarantees. The challenges for corporates lie in communicating with all their counterparties in a common language, increasing efficiency and, ultimately, having a consolidated view of their liabilities. In this interview, Malik Dahmoune, director of Finelia Trade Finance Software, explains the key points.

NACHA’s Same Day ACH Limit Increase

Effective March 20, 2020, the Same Day ACH (automated clearing house) per-transaction dollar limit will increase from $25,000 to $100,000.

“SWIFT gpi puts healthy pressure on the banks” Olivier Grandval, Louis Dreyfus Company

Olivier Grandval, treasurer at Louis Dreyfus Company, discusses how SWIFT gpi simplifies the daily work of the treasury team of his group that trades in agricultural commodities. For him, improving the traceability of cross-border payments opens up new opportunities for bank relations and cash flow forecasts.

The New Year Bank Fee Diet

How to reduce your company’s bank fees in 2020

Bankers, If You Can’t Produce a BSB, You Are Late

We have reached the tipping point in bank billing transparency globally, and it is exciting. The vision of creating a global standard for bank fee reporting started with a few individuals willing to do the work, a few large corporations willing to apply pressure, and a few global banks willing to be leaders in providing transparency to their customers.

Is the Fate of Your ECR Truly Tied to the Fed Funds Rate?

When we think about how bank fees are being treated in the U.S., there is something very unique that, regardless of your company’s size, industry or banking partners, if you operate in this country, your bank fees will inevitably be tied to your operating balances through an earnings credit rate (ECR) mechanism.

Top 3 Year-end Checklist Items for Bank Fee Analysis

By the end of the calendar year (and for many of us, fiscal year-end), we have a growing mountain of tasks to complete – close the books, conduct our annual budgeting exercise, get ready for the audit, and review upcoming changes to regulations that may affect our cash.

Treasury’s Big Data: How to Transform Account Analysis Statements Into Analytics

Will Corporates Feel the Benefits of the Recent Reduction in FDIC Surcharges?

When fuel prices rise and fall consumers expect airline tickets and other prices to follow suit. With the recent reduction in FDIC surcharges, many large corporations are wondering if their banks’ “deposit assessment fees” will also be reduced.

Account and Transaction Controls through Account Analysis

In our bank account management (BAM) blog series, we strive to look at the problems of bank account management from a modern perspective. Our first installment focused on proper bank account management practices in the risk-focused world.

Real Time Payments: The Future of Expedited Payments

In today’s payments world, one topic continues to be top of mind for both bankers and practitioners: speed.

Bank Smarter, Not Harder!

Power Up Your Next Bank Relationship and Fee Review. As a treasury professional, having visibility into costs is a starting point for negotiation and cost-saving opportunities with your banks.

Top Seven Tips for Better Bank Fee Negotiations

How to Survive the RFP Process

We have discussed the stages of your banking relationships and tips for a successful RFP but what does an effective RFP process look like? There are steps in the process every company should progress through for a successful RFP process. Below we detail those steps along with a few insider tips from Redbridge experts who have worked through countless RFPs with our clients.

Maximize the Value of Your Bank Relationship by Decoding Your Account Analysis Statements

There are two sides to the account analysis dilemma; establishing the baseline and regular auditing. To adequately solve for the bank fee problem you must do both.