BNY Mellon expands global payment infrastructure
Frankfurt and London branches could provide more than 120 global currencies
Bank of New York (BNY) Mellon has launched enhanced foreign exchange payment capabilities that will expand its global payments infrastructure and client payment options.
The bank's Frankfurt and London branches have increased the number of global currencies they can provide, with the total likely to exceed 120 currencies over time.
Clients with accounts in these jurisdictions can use balances in a single currency to instruct payments in other currencies as required. The payment initiation
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