Deutsche Bank delivers faster, more transparent international payments

Deutsche Bank press release --------- Deutsche Bank has significantly improved payments for its clients by investing in IT and cooperating with SWIFT.“International payments are executed faster, more securely, and with more transparency. This significantly eases the burden on company finance departments in particular.” This was the interim assessment of Michael Spiegel, Head of Cash Management at Deutsche Bank. For the first time, clients can obtain real-time information on the status of their payments. Since November 2017, Deutsche Bank has been using “SWIFT gpi Service” for international payments, for example from Germany and the USA. Deutsche Bank currently settles around ten percent of these transactions worldwide. To learn more click on the picture below to read the release.