Transaction Banking is at the forefront of a rapidly changing corporate banking landscape. Standard processes need to be as effortless as possible to free us up to focus on adding value. We therefore work hard to offer a better, more digitised customer experience. We are delighted to update you on the latest developments within Cash and Treasury Management at ABN AMRO.
Following the recent announcement of the threshold increase to £1,000,000 by the Faster Payment System operator in the UK, ABN AMRO N.V. UK Branch took a competitive decision to pass on this increase, in full, to all our corporate customers in the UK with effect from 18 March 2022.
Hacking into your corporate cash management system to transfer your hard-earned money to shady offshore accounts is the dream of every cybercriminal. And if you think it only happens to other companies, think again.
ABN AMRO Group Innovation has recently incubated a groundbreaking new venture that merges payments and identity into a single exciting proposition: ID&Pay. ID&Pay aims to be Europe's first payment and identity service provider, offering a one-stop-shop solution for platforms dealing with transactions linked to identification.
From Saturday 1 January 2022, full customs controls and checks began for goods entering GB from the EU. Are you an importing business within the UK, or a supplier providing goods to customers in the UK? Then you need to consider how well you and your trading partners throughout your supply chain are prepared for the new customs requirements.
Corporate treasurers are increasingly focused to improve speed, insights and efficiency. As such, there is a need to improve operational efficiency in the entire financial value chain. Corporate treasurers may take advantage of the Application Programming Interface (API) technology and its benefits.
‘The on-going battle to stay one step ahead of the bad guys’. Robin de Jongh leads a department of 2,700 colleagues who spend their every working hour trying to undermine a multi-trillion-dollar global industry. Here Robin discusses this challenging but fascinating world.
Broekhuis is ABN AMRO’s first client to go live with the Business Account Insight API. We interviewed Lammert van de Bospoort, Project Manager at Broekhuis, about their experience. ‘We’d like to be able to send real-time data. And that’s the advantage of an API: you’re completely in control and you have real-time data’.
ABN AMRO believes strongly that transferring money should be as quick, simple and round-the-clock as sending a WhatsApp message. We were therefore an early adopter of Instant Payments, which has allowed us to create a unique proposition: our customers don’t need to ask for an Instant Payment.
Since its launch, SWIFT gpi has quickly set a new industry standard for cross-border payments, driven by rising client expectations, technological advancements, and the birth of new payment providers and infrastructures.
DAC6 is an EU directive that requires member states to impose compulsory reporting obligations on intermediaries and taxpayers in relation to potentially aggressive cross-border tax arrangements. That is, arrangements that meet one or more pre-defined hallmarks.
