Transaction Banking function differs from bank to bank, so what is the ideal structure of a transaction banking unit and how one define its function ?
Follow this interesting discussion on the scope and challenges of transaction banking worldwide.
“Transaction banking mainly operates behind the scenes and caters to treasury functions. In the broadest definition, transaction banking allows for the safe and efficient movement of cash and securities around the global financial system. This includes institutional cash management services, facilitating trade finance deals and providing securities processing and agency services for both public and private entities. The structure of transaction banking units are below:
– Cash Origination
– Implementation Services & Client Delivery”
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