Wells Fargo has extended its cash management
solutions system to Europe.
The expansion of the treasury service to
Europe is part of Wells Fargo’s strategy to provide a consistent
and single channel for US companies that trade abroad.
Go deeper with GlobalData
Within the Commercial Electronic Office
internet portal, the bank’s US clients can access European payment
systems, both on a local and pan-European basis, as well as ACH
payments and global cash positions with a single sign-on to
transfer low-value payments.
The Commercial Electronic Office portal is
compatible with the SEPA system, as well as the payments systems in
Canada, India, Mexico, Hong Kong, Singapore, Australia and New
Zealand.
US Tariffs are shifting - will you react or anticipate?
Don’t let policy changes catch you off guard. Stay proactive with real-time data and expert analysis.
By GlobalData
