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Banking

Sponsored statement: Santander draws strength from combining local and global capabilities

Santander’s cash management services benefit from its strong local knowledge in markets on both sides of the Atlantic, woven into a flexible global system.

Santander’s value proposition is based on a unique combination of local and global solutions, making it the provider of choice in cash management services for corporates in our core markets in both Europe and the Americas. Santander’s leading presence allows it to provide competitive local services, always anticipating and adapting to changes in banking practices in each country and continuously developing and improving its technology. Santander has invested heavily in its global products through an ongoing improvement process to provide corporate client-flexible connectivity platforms, able to handle clients’ cash management needs with whatever degree of operational centralization they require. Moreover, our culture and desire to serve our clients to the best of our ability creates a unique value proposition for corporates in our markets.

Having a strong regional presence brings considerable value to our clients, while also facilitating their centralization objectives. At Santander, we are focused on integrating multiple local cash management services with global products to leverage our broad market experience for the benefit of our customers.

Our key cash management objectives are to enhance the efficiency of clients’ cash management infrastructure, improve control over their cash and increase visibility.

Santander Global Payments (SGP)

SGP is a global factory to process massive payment instructions. SGP enables companies to send payment orders directly to a central point of contact, which distributes them throughout Santander’s international network as local transactions.

Benefits

• Fully automated and unattended processing capabilities, with high straight-through processing (STP) levels, reducing errors and costs for the client. • Efficiency: reducing payment costs and thus improving the efficiency of processing. Using our extensive global and local network and membership of major clearing systems in different countries, coupled with enhanced STP capabilities, we are able to route payments in a cost-effective way. • SGP sends status messages that enable you to track your payments.

Santander Corporate Information

Santander Corporate Information improves visibility and control of balances and movements over accounts held in our branch network or in other financial institutions.

Benefits

• Detailed reports, including statements and balances. • Information for single accounts or groups of accounts • Compliance benefits, improving and standardizing your financial reporting at a regional level. • Homogeneous transaction details for reconciliation. • Flexible delivery channels: SWIFT, Host to Host or AS2. • Various formats: MT940, XML, FinSta, Norma43, BAI2, etc. • Reporting for all Santander subsidiaries plus third-party bank information (information is less complete and non-homogeneous for accounts held in other financial institutions).

Santander Global Portal

Santander Global Portal offers a window to the world: global, multi-bank reporting. Corporates can retrieve statements and balance data from Santander and any other bank worldwide that can send us SWIFT MT940 messages.

Benefits

• Access anywhere - from any PC connected to the internet, with your username and password. • Global web channel for: • Aggregated account statements (information based on SWIFT MT940 messages). • International payment/fund transfers (single access to international cash services in different geographies) based on MT101 messages. • Local payment orders in different geographies.
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