More NewsFour More Currencies Take the CLS Path

Four More Currencies Take the CLS Path

CLS Bank International (CLS Bank) is to settle payment instructions in four new currencies, bringing the number of currencies eligible for settlements to eleven. Following regulatory approval, the Danish Krone, Norwegian Krone, Singapore Dollar and Swedish Krona have been designated as CLS Bank eligible currencies by the CLS Bank Board of Directors. A total of 54 institutions are now settling payment instructions associated with foreign exchange trades through CLS Bank as Settlement Members, with approximately 70 additional institutions also settling transactions in CLS Bank as Settlement Member customers.

Related Articles

Infosys Finacle to power Santander UK’s international cash management system

More News Infosys Finacle to power Santander UK’s international cash management system

4w The Global Treasurer
Preparing for GDPR? Here’s four things to consider

More News Preparing for GDPR? Here’s four things to consider

4m Elliott Wiseman
Cash flow in focus for investors

Cash Management Cash flow in focus for investors

5m Conor Deegan
Treasury TV: Karen Pugsley, Domino's Pizza Group

More News Treasury TV: Karen Pugsley, Domino's Pizza Group

5m Victoria Beckett
Treasury TV: Yeng Butler compares US and European MMF reforms

Compliance Treasury TV: Yeng Butler compares US and European MMF reforms

5m Victoria Beckett
Treasury TV: Tim de Knegt, The Port of Rotterdam

10 Minutes With The Treasury Treasury TV: Tim de Knegt, The Port of Rotterdam

6m Victoria Beckett
Banks are selling clients short with short dated cash deposit U-turns

Banking Banks are selling clients short with short dated cash deposit U-turns

6m Victoria Beckett
What does sterling’s Brexit boost mean for UK manufacturers?

More News What does sterling’s Brexit boost mean for UK manufacturers?

6m Tasja Botha