Setting Up a Virtual Network Bank to Achieve an Efficient Banking Structure

08 Jan 2018
Date submitted
08 Jan 2018
Resource type
Case study
File type
Web page Web page
The Aalberts Industries group had accounts with over 130 banks and had to combine information from 250 locations, spread across 30 countries and 600 bank accounts. The virtual network bank approach allows the group to organize information in a way that provides central treasury with access to all accounts, while at the same time allowing them to efficiently manage accounts for local entities without taking over local payments operations.
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