RBS - GTR Leader in Trade in Documentary Processing 2013
January 2014

Best bank for documentary processing

RBS’s strong focus on documentary processing saw it voted best bank again in this category for 2013 – making it the fourth consecutive time.

RBS has proven itself a leader in documentary processing for yet another year. "Despite the present economic challenges including the impacts of shifts in demand for letters of credit and guarantees and pricing felt across the industry, our success at RBS is underpinned by our extensive experience in processing and delivering quality trade solutions unique to our clients and markets they work in." says Dermot Canavan, Head of EMEA Trade Product at the bank.

RBS continues to adapt and improve its offerings. Canavan adds: "In the medium-term we are preparing for the shift towards electronic solutions with the MT798 trade messages. Our MNCs and global traders are among the key influencers for bank-independent platform initiative that will change how trade services can be delivered with speed and accuracy in order to accelerate the trade cycle."

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