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Tag: bangkok bank

No accounting for the BPO

No accounting for the BPO

Usage of BPOs is picking up, but a lack of formal accounting and capital standards is leading to problematic accounting guesswork.
Nov 3, 2014
First ever Japan-Germany BPO is transacted

First ever Japan-Germany BPO is transacted

UniCredit and Bank of Tokyo Mitsubishi have completed the world's first bank payment obligation between Japan and Germany. Once the obligation was triggered, the seller in the transaction sold its receivables to UniCredit in order to reduce its days sales outstanding.
Oct 27, 2014
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