Topic: General Posts

Subject: International Banking
Karl Nicholls
Member: 2014
Posts:8
Submitted on 10-25-17 7:27 pm
Message:

I am looking for some recommendations on Banks that can provide a full suite of services for a comapny that is fast growing, needs a Payment Gateway and likely International Capabilities in the next 12 months, as well as the usual Checking, Credit Card and great online tools . We are looking at the obvious Chase & Wells Fargo (we'd like to have local representation if possible) but I would be interested in some other folks experiences. Bank of America? Citi? We are CO, US based.


 


Thanks in advance.


 


Karl

 
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Replies
Brad Margol
Member: 2002
Posts: 1

Subject: Re:International Banking

Submitted on 11-28-17 3:22 pm.
Message:

Karl,


I work for a cards and payments management consulting company.  We help companies evaluate payment gateways and choose the best one.  We can also help negotiate the contract as experts in the field.  If you want to work with us let me know.


Thanks,


Brad

 
Gail Bendert
Member: 2015
Posts: 2

Subject: Re:International Banking

Submitted on 12-07-17 1:15 pm.
Message:

Hi Karl,


I have a contact at Key Bank in their Corporate Foreign Division who may be able to help. 


I can be reached at gbendert@sbrginc.com


Best,


Gail Bendert

 
John Kluza
Member: 2004
Posts: 1

Subject: Re:International Banking

Submitted on 12-27-17 6:21 pm.
Message:

I'm a fan of Ctibank and HSBC for a true global banking relationship. Almost all of their regions use the same core bank platform and you may be able to use a single communication channel to send and receive various file types (payments, MT940, acks/naks, etc.) to their banks in all the regions you are active. This can make ERP integration much easier. They both have a very large footprint as well. Most other banks work with partners or affiliates in various regions and they often use different file formats and communicaton channels, although ISO payment standards are making format less of an issue. Service quality can also be improved when local support is aware that the bank has a global relationship with you.

 
Brandon Windham
Member: 2014
Posts: 3

Subject: Re:International Banking

Submitted on 01-04-18 12:45 pm.
Message:

I agree with John Kluza.  Citi seems to be strong and "affiliate" banks can leave some gaps compared to branches.

 
Karl Nicholls
Member: 2014
Posts: 8

Subject: Re:International Banking

Submitted on 01-04-18 1:55 pm.
Message:

Hi All,


 


Thank you for your thoughtful responses. We chose Bank of America, due mostly to their ability to open BofA accounts in countries we are likely to operate in and maintain central treasury control of those accounts from here in the US.


If anyone is interested I'll likely be able to provide feedback on experience in a few months.


 


Karl

 
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