Cash management debate: Executive summary

Cash management debate - How to make sure that Sepa pays off

Cash management debate – How to make sure that Sepa pays off
Cash management debate – Participants

• Sepa seeks to improve business efficiency, create a standardized payments world and consolidate infrastructure

• Clear cut-off points need to be established for the adoption of mechanisms, such as Iban and BIC, that will enable the payment systems, and for the abandonment of legacy systems

• More standardization is required in areas that banks have so far regarded as competitive space

• More efforts need to be made to bring bank and corporate bodies together for consultation on mass implementation

• A simplification and consolidation of clearing systems is imperative

Thanks for your interest in Euromoney!
To unlock this article: