RBS Combines FX and Multi-currency Transaction Services in GlobalXChange
The Royal Bank of Scotland (RBS) has launched RBS GlobalXChange (GXC) which brings together its capabilities in cash management and foreign exchange (FX) focused on transactional FX.
Steve Everett, global head of cash management, RBS, said that GXC will allow customers to take advantage of RBSs’ product range, enabling them to combine their payments and FX requirements in a more cost-effective and efficient way.
GXC provides the group’s institutional, corporate and public sector clients, with a flexible integrated solution suite for international cross-currency cash flows, whether they are payments or receivables, single or multiple, automated or bespoke.
RBS added that the new product suite will enable clients to plan and deploy international risk and working capital management strategies and benefit from simplicity and transparency of solutions, cost efficiency, strength of execution and advanced analytics, benchmarking and advisory support.