Unveiling the Secrets of International Payments

Published 

The BNP Paribas Currency Guide sheds light on how to make successful payments in more than 130 currencies.

In line with its long-term commitment to cash, BNP Paribas has released an operational Currency Guide to support corporates faced with the challenge of making international payments. Also available online, the Currency Guide unveils the whys, whats and hows of making payments in over 130 currencies.

Serving more than 40,000 corporates worldwide, BNP Paribas is present in 57 countries with direct cash management resources. “The release of an operational Currency Guide providing both practical guidelines and currency knowledge demonstrates yet again our commitment to cash,” says BNP Paribas Global Head of Cash Management Pierre Fersztand.

In a globalised economy, the international payment scenarios are multiple. Yet the common denominator between a German-based chemical group with integrated R&D facilities in India, a US based chemical group having subsidiaries all around the world and a Belgian chocolate producer with suppliers in Brazil is that sooner or later, they will make international payments.

 “All corporates, whatever their size and wherever they operate, will face the challenge of dealing with foreign currencies,” adds Head of Product Management International Payments, Wim Grosemans. “And the world of international payments is far from being homogeneous, with complexity as a corollary”. Indeed, the lack of consistency between local requirements, processes and practices is a major risk factor for organisations. BNP Paribas’ thorough expertise in international payments provides corporates with the support they need to best manage such complexity and uncertainty.

Hands-on and practical, the BNP Paribas Currency Guide delivers the guidelines that must be respected to secure international payments as well as exhaustive data on more than 130 currencies, thus responding to the needs of both treasurers and those in charge of making international payments. In addition, the Currency Guide includes a mail contact in case further information is required. BNP Paribas’ cash management officers are also available to provide any extra data and guidelines.

The Currency Guide will be provided upon request. Its full version is available upon registration on the Guide’s dedicated website, accessible on cashmanagement.bnpparibas.com/cg

 

The International Payments Team
Cash Management
BNP Paribas

Contact:

Irina Yuldasheva [email protected]

Alwin Vande Loock [email protected]

Wim Grosemans [email protected]

 

Most recent episodes

£15 Billion Stimulus Pumped into UK Economy to Ward Off Recession Fears

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 7th June...

04:44

Advantage Treasury

Eleanor Hill is joined in the virtual TreasuryCast studio by Nicolas Cailly and Philippe Penichou (Societe Generale) to look at treasury trend predictions for the remainder of 2022, with a particular focus on virtual accounts. In this deep dive into current and future treasury priorities, our guests...

24:22

40th Annual New York Cash Exchange: What Can Treasurers Expect?

Ahead of the 40th annual New York Cash Exchange, two of TMANY's distinguished board members, David Miller and Timothy T. Hesler, CTP, provide TMI CEO, Robin Page, with a quickfire rundown of what attendees can expect from this year’s conference. Our guests share their aspirations for the event, explain...

09:58

Expectation-Beating Inflation Prints Ratchet Up Pressure on Monetary Policy

Welcome to the third edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 9th May...

04:48

Making the Sustainable Transition: A Roadmap to ESG in Treasury

Over the last 18 months, Societe Generale has experienced a steady increase in requests from their corporate clients to integrate ESG features in treasury management.  Louis-David Rouyer, Philippe Pougeard, and Emmanuelle Petelle (Societe Generale) provide TMI's Eleanor Hill with a whistlestop run...

22:24

Lift Off for Fed Rate Rises

Welcome to the latest edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 5th of...

04:58

Treasury in 2022 and Beyond

Industry experts Bob Stark (Kyriba) and Sebastian di Paola (PwC) join TMI's Editor, Eleanor Hill, to explore the very latest treasury trends - and to discuss how smart treasurers can get ahead of th...

43:21

How BearingPoint Harnessed Data-Driven Forecasting with CashAnalytics and SAP

Listen back to our recent forecasting masterclass, where Group Treasurer Eveline Stam, and Conor Deegan (CashAnalytics) provided TMI's Eleanor Hill with a comprehensive overview of how consultancy firm BearingPoint achieved company-wide cash forecasting nirvana by combining specialist solutions from...

37:14

The 3 T’s of The Future: Tech, Treasury, and Transformation

Over the past two years, an increasingly dynamic environment has not only accelerated technology development – from quantum computing to blockchain technology, and even the metaverse – but also technology adoption, bridging colleagues and breaking down silos in a remote work world. In this podcast,...

44:02

Monetary Policy Continues to Drive Markets as Ukraine Invasion Weighs on March Meetings

Welcome to the second edition of Liquidity Link Live, your exclusive market analysis provided by Northern Trust Asset Management, one of the world’s largest cash managers. Tune in each month to discover the very latest insights on the UK, Eurozone and US markets. This edition was recorded on the 3rd of...

05:25