Deutsche Bank opens cash management business in Australia

Wednesday 11 November 2020 12:13 CET | News

Deutsche Bank has added to its global network of cash management locations with the establishment of a new business in Australia.

The bank now operates cash management services in 35 locations globally, 14 of which are in Asia Pacific. 14 new roles have been added to support the new business. The business offers a range of services including current accounts and deposit products, domestic and cross-border payments and collections as well as liquidity management services.

Deutsche Bank has operated a Corporate Transactional Banking business in Australia for over five years providing a range of products including its Trade Finance, Foreign Exchange and Trust and Agency Services. Cash Management rounds out that offering.

As those Deutsche Bank’s say, the Cash Management service is at the centre of the bank’s vision and key to its growth ambitions.

Free Headlines in your E-mail

Every day we send out a free e-mail with the most important headlines of the last 24 hours.

Subscribe now

Keywords: Deutsche Bank, Australia, cash management, deposits, cross-border payments, trade finance, expansion
Categories: Banking & Fintech
Countries: Australia
This article is part of category

Banking & Fintech

Industry Events