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Deutsche Bank to enable paperless cross-border payment services in China

Thursday 22 August 2013 13:05 CET | News

German financial services provider Deutsche Bank is set to launch paperless cross-border payment services in China via its electronic banking platform db-direct internet.

With these services, corporates in the mainland are set to be able to process their payments and foreign exchange transactions, as well as submit their supporting documents electronically on db-direct internet.

With the bank’s electronic banking platform, corporates can receive authorization set-up for electronic document delivery. Deutsche Bank’s paperless cross-border payment services via one single platform are set to enable its clients to centralize their foreign exchange management and enhance their operational processes.

In recent news, Deutsche Bank has added a supply chain finance app to its Autobahn App Market.


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Keywords: Deutsche Bank, paperless cross-border payment services, db-direct internet, China
Categories: Banking & Fintech
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Countries: World
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Banking & Fintech






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