18 October 2017
visit www.response.ncr.com

Porsche Middle East and Africa selects Deutsche Bank for payments, collections and remittances

06 October 2010  |  2309 views  |  0 Source: Deutsche Bank

Deutsche Bank today announced that Porsche Middle East and Africa FZE, the regional office of Dr. Ing. h.c. F. Porsche AG, Stuttgart, has chosen Deutsche Bank's Abu Dhabi branch, which opened in February this year, for processing of its payments, collections and remittance business.

To ensure maximum transparency and efficiency, Porsche Middle East and Africa will use Deutsche Bank's electronic banking platform to process transactions and monitor their status in real-time.

In addition to the Middle East, Porsche's regional office provides services to Africa, India and Pakistan.

Mrs. Ebonnie Martins, Finance Director, Porsche Middle East and Africa, said, "We decided to award our payments, collections and remittance business to Deutsche Bank as they offer all necessary regional and international banking services. We are pleased with Deutsche Bank's services and expertise, its state-of-the-art electronic banking platform and its exceptional level of customer support. We look forward to expanding our relationship with Deutsche Bank in the future."

Shahrokh Moinian, Head of Corporate Cash Management - EMEA, Global Transaction Banking said, "Deutsche Bank is delighted to have the opportunity to manage Porsche Middle East and Africa's payments processing needs through our Abu Dhabi location. We are well positioned in the Middle East and Africa and are committed to supporting corporate clients such as Porsche Middle East and Africa that are looking to maximize efficiency as they increase their business in these regions."

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
Register nowvisit www.capgemini.comvisit www.vasco.com

Top topics

Most viewed Most shared
Ripple looks to drive bank adoption with $300m XRP rebate programmeRipple looks to drive bank adoption with $...
15336 views comments | 12 tweets | 4 linkedin
Swift positive on blockchain, but big challenges remainSwift positive on blockchain, but big chal...
8512 views comments | 16 tweets | 22 linkedin
hands typing furiouslyHow artificial intelligence can deliver a...
8055 views 0 | 8 tweets | 9 linkedin
satelliteGates Foundation backs Ripple collaboratio...
7580 views comments | 13 tweets | 9 linkedin
IBM uses blockchain to improve cross-border payments processingIBM uses blockchain to improve cross-borde...
6726 views comments | 8 tweets | 16 linkedin

Featured job

Competitive base + commission + benefits
Denmark, Finland, Iceland, Norway or Sweden

Find your next job