The Royal Bank of Scotland (RBS) plc today announced the launch of RBS GlobalXChange (GXC) which brings together its capabilities in cash management and foreign exchange focused on transactional FX.
Steve Everett, Global Head of Cash Management, RBS commented: "GlobalXChange will allow customers to take advantage of RBSs' award winning product range, enabling them to combine their payments and foreign exchange requirements in a more cost effective and efficient way."GXC provides RBS Groups' 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.
This new product suite will enable clients to plan and deploy international risk and working capital management strategies and benefit simplicity and transparency of solutions, cost efficiency, strength of execution excellence and advanced analytics, benchmarking and advisory support.
© Finextra Research 2014