RBS Provides Cash Management Services to BT in North America
BT Group has awarded a contract to RBS for cash management in North America, extending the solution already implemented in Europe. The banking solution provided to BT Global Services International includes domestic cash management to support electronic and paper based payments, receipts and liquidity management via RBS’ Access Direct host to-host channel. RBS can offer BT a global network and scalable platforms to deliver a cross regional solution. The bank says that this brings advantages such as a simple and short implementation process, consistent service levels and a single channel for communication and reporting.