Deutsche contracts with Bottomline for multi-currency cash management programme

Deutsche contracts with Bottomline for multi-currency cash management programme

Deutsche Bank has expanded its global cash management activities to include multi-currency cheque and draft issuance for its corporate as well as financial institution customers.

Under the programme, cheques and bankers drafts will be produced according to the beneficiary's country-specific formats, so that they can be processed locally to avoid high cross-border fees. The project will also include the generation of remittance advices.

Deutsche has contracted with Bottomline Technologies for printing and dispatch services.

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