Tag: billing

Treasurers are finding alarming discrepancies in how they are charged for bank services and are pushing for transparent billing.

While currently no Asian-headquartered bank offers bank service billing in standard TWIST file formats, Asian banks are being led by regional reform efforts, observers believe.

Thomas Tan, CIMB global sales, FX and transaction head offers advice to companies considering billing in local currencies to obtain better trade terms and improve group-wide hedging strategies.