Barclays launches European digital corporate banking platform

Barclays launches European digital corporate banking platform

Barclays has rolled out a new digital platform in Western Europe as part of a wider move to boost its corporate banking operations in the region.

The new platform is designed to bring the products and processes already enjoyed by Barclays' UK corporate banking clients to those domiciled in Europe.

It has already been rolled out in Portugal, Spain, France and Ireland. Germany will follow later this year, with other countries also coming aboard.

Barclays says the upgrade, means that clients can benefit from a consistent set of digital channels across cash management, trade and working capital and information services in 25 countries through a combination of Barclays offices and partner banks.

This is underpinned by a regional support model for streamlined KYC, account opening and digital client on-boarding, client self-help capabilities and centralised multilingual service offering.

David Farrow, head, international corporate banking, Barclays, says: "Many of the companies we work with have a presence in a number of European countries, which is why making sure the new platform is standardised across the continent is so important."

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