Wells Fargo Extends Global Treasury Platform to Europe
Wells Fargo & Company has extended its suite of cash management solutions to companies based in the UK and Europe that have strong business interests in the US. Wells Fargo’s treasury solutions give corporate treasurers flexibility, visibility and control with in-market accounts.
UK and European customers can access local and pan-European payments systems, 40-country automated clearing house (ACH) payments, their Wells Fargo accounts worldwide, and global cash positions with a single sign-on to the Commercial Electronic Office (CEO) business portal. Meanwhile, Wells Fargo operates a regional hub in London, where more than 250 team members provide local support and expertise.
“We use the expertise and technology that we have built over many years to design global products that evolve as quickly as our UK and European customers’ businesses expand in the US,” said Judd Holroyde, senior vice president (SVP) and head of global product management and delivery for Wells Fargo. “Our European clients – whether working in the Europe or in the US – can expect their treasury products, channels, and service to be of the high quality that has earned Wells Fargo its industry-leading reputation.”