RBS GlobalXChange™ for Financial Institutions

RBS GlobalXChange™ for
Financial Institutions
In a continuously globalised world, shifting trade flows mean your
customers require payment services in an ever-increasing number of
currencies. At the same time, the current business and regulatory
environment means many financial institutions are looking for ways to
reduce operational cost and increase revenues.
RBS GlobalXChange is designed to help you meet this challenge by
providing a flexible, integrated solution for international cross-currency cash
flows – so you can offer your customers a comprehensive FX service at a
minimum cost.
Why RBS GlobalXChange?
FX is a core capability of the RBS group – it is a
part of our heritage and one of the principal
foundations of our markets business.
Transaction banking is also a fundamental RBS
strength. By combining our FX expertise with
our renowned cash management capabilities,
we have built a product suite that is designed to
fulfil your transactional FX needs.
The RBS GlobalXChange solution
RBS GlobalXChange is supported by a
dedicated team individually selected for their
expertise in FX and cash management. This
means we have the resources to respond to
your requests promptly and effectively, with a
solution tailored to your needs. As the services
we offer via RBS GlobalXChange are deeply
integrated into our existing channels and
infrastructure, the need for you to sign-up to
additional platforms is minimised.
FX
SURVEY
2013
#6 Global Banks
Market Share
2013
Best Bank Liquidity Management
Western Europe
2006-2013
#2 in Europe for Sterling
Cash Management
2012
Most Innovative Liquidity
Management Solution
Bank to Corporate
2011
To find out more about
how RBS
GlobalXChange™
could benefit your
business, please
contact your usual RBS
representative or visit
rbs.com/globalxchange
By consolidating your cross-currency payment
requirements into one bank you can leverage
RBS’s strong position as an international FX
house and extend your reach with instant global
currency coverage. This can help you to realise
cost savings in your correspondent bank
network, and offer access to new revenue flows.
RBS GlobalXChange can:
• Generate additional revenue stream
opportunities
• Extend your reach with instant global
currency coverage
• Realise cost savings in your correspondent
bank network
• Harmonise currency handling
• Save costs by consolidating your
cross-currency payment requirements
into one bank
• Leverage RBS’s strong position as an
international FX house
Unlock new revenue flows
Every day, your retail or SME (small and
medium enterprise) customers are sending
substantial funds through cross-border
payments where the FX revenue is taken by
the beneficiary bank. If you are looking for a
solution that will allow you a share of revenue,
RBS GlobalXChange provides access to
market knowledge that can secure FX
revenue generation as part of your payments
with favourable FX rates, increase global
currency coverage while reducing
international payments costs.
Increase global currency coverage while
reducing international payments costs
Increasingly, your clients will expect you to be
able to settle payments in all kinds of currencies
– including those in which your business is not
active. RBS GlobalXChange allows you to
execute payments in 132 currencies to 183
countries – without the need to maintain or
open nostro accounts in those currencies or
countries. This facilitates efficient, streamlined
and cost-effective cross-currency management
combined with reduced operational risk and
account maintenance.
International Payments
Financial Institutions
FX
Margin
GlobalX
RBS
Ch
a
€
$
e
ng
¥
$
£
$
$
Source: RBS Illustration presented within the diagram is an example only and not limited to the four currencies shown
An integrated solution for your trade
finance flows
RBS GlobalXChange can help you to settle
trade finance-related activity denominated in
foreign currencies without having to open
accounts in those currencies. This is because
RBS GlobalXChange automatically converts
trade finance settlements in a foreign currency
to the target (or from the source) account’s
currency.
• Rates
–– Rates upfront
–– Pre-booked and match with payment
–– FIX
• Reporting
–– Automated & customised payment-level
reporting and advanced analytics
• Dedicated service and investigation teams
• One solution for your cross-currency
payment needs
Key features and value added services
• Currency Range
–– Payments in 132 currencies
• Access Channels
–– Access Online
–– SWIFT FIN MT103
–– SWIFT FileAct XML
–– Automated & customised payment-level
reporting
No representation, warranty, or assurance of any kind, express or implied, is made as to the accuracy or
completeness of the information contained in this document and no member of the RBS Group accepts any
obligation to any recipient to update or correct any information contained herein. This document is published
for information purposes only and does not constitute an analysis of all potentially material issues. Views
expressed herein are not intended to be and should not be viewed as advice or as a recommendation. You
should take independent advice in respect of issues that are of concern to you.
This document does not constitute an offer to buy or sell, nor a solicitation of an offer to buy or sell any
investment, nor does it constitute an offer to provide any products or services that is capable of acceptance to
form a contract. The products and services described in this document may be provided by any member of
the RBS Group, subject to signing appropriate contractual documentation. No member of the RBS Group shall
be liable for any direct, indirect, special, incidental, consequential, punitive or exemplary damages, including
lost profits arising in any way from the information contained in this communication.
The Royal Bank of Scotland plc (RBS plc) is registered in Scotland No. 90312 with its Registered Office at 36
St Andrew Square, Edinburgh EH2 2YB. It is authorised by the Prudential Regulation Authority and regulated
by the Financial Conduct Authority and the Prudential Regulation Authority. The Royal Bank of Scotland N.V.
(RBS NV) is registered with the Chamber of Commerce and Industries for Amsterdam, The Netherlands, with
No. 33002587; its registered head office is Gustav Mahlerlaan 350, 1082 ME Amsterdam, The Netherlands. It
is authorised by De Nederlandsche Bank and is regulated by the Autoriteit Financiele Markten for the conduct
of business in The Netherlands. RBS plc is in certain jurisdictions an authorised agent of RBS NV and RBS NV
is in certain jurisdictions an authorised agent of RBS plc.
RBS plc or RBS NV is authorised and regulated in Hong Kong by the Hong Kong Monetary Authority, in
Singapore by the Monetary Authority of Singapore, in Japan by the Financial Services Agency of Japan, in
Australia by the Australian Securities and Investments Commission and the Australian Prudential Regulation
Authority ABN 30 101 464 528 (AFS Licence No. 241114) and in the US by the New York Department of
Financial Services, the State of Connecticut Department of Banking, the Federal Reserve Bank of Boston and
the Board of Governors of the Federal Reserve System. In the United States, securities activities are
undertaken by RBS Securities Inc., which is a FINRA/SIPC member and a subsidiary of The Royal Bank of
Scotland Group plc.
RBS GlobalXChange™ is a trademark of the Royal Bank of Scotland Group plc.
Copyright 2013 RBS plc. All rights reserved. The daisy device logo, RBS, and The Royal Bank of Scotland are
trade marks of RBS plc and the RBS Group Members. This communication is for the use of intended
recipients only and the contents may not be reproduced, redistributed, or copied in whole or in part for any
purpose without RBS’ prior express consent. Deposits at RBS plc and RBS NV are not insured by the Federal
Deposit Insurance Corporation (FDIC) nor by any other governmental agency or body, nor by any other entity,
public or private.
055_0813IB | September 2013 | RBS10887