This content is from: Innovation

RBS Offers Cross-Currency Payments Product

Royal Bank of Scotland has rolled out the FI GlobalAccount product that offers a platform to deliver cross-currency payments.

Royal Bank of Scotland (RBS) has rolled out the FI GlobalAccount product that offers a platform to deliver cross-currency payments, Finextra reports. The product helps customers make payments to 183 countries in local currencies from a single base currency account.

It enables financial institutions to hold accounts within or outside the RBS network. The product simplifies cross-currency payment processes, expands global reach, lowers network costs and increases forex revenues.

Click here for the story from Finextra.

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