More NewsNordic Bank Selects Clear2Pay

Nordic Bank Selects Clear2Pay

Clear2Pay has signed a contract with Norwegian bank DnB NOR. The bank’s cash management department will deploy Clear2Pay’s Bank Payment Hub product and will allow corporate customers to increase bulk payment volumes, STP and transparency. The contract will allow Clear2Pay to expand its presence in Scandinavia. The system will allow the bank’s customers to send one single bulk file with payments to be executed from all Nordic branches. The system will identify and validate payments according to (local) rules and regulations and convert files to formats defined by the bank. Acknowledgements, deviation reports, credit/debit advices and statements of account covering all Nordic countries will be delivered to the customer in one or multiple formats according to customer agreement and frequency.

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

3w 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

5m 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

5m 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