MEMORIA_A4-CECABANK

Cecabank Report 2018

Our business model

International Payments and FX Platform

The FX Global Payment Solution, an innovative product, has been designed

thanks to incorporating the London branch's payment processing system,

which is based on the necessary intelligence to efficiently manage the

exchange rate of cross-border payments whose payment currency is different

from the currency of the beneficiary's account. This solution has helped

provide a better service to clients and has eliminated the possibility of

errors. As a result, the cross-border payment service provided in Spain and

Portugal has been broadened, providing it now to over 80 countries and

covering over 24 different currencies.

Thanks to the involvement of the foreign network in marketing this product,

we have been able to establish new partnerships in payment processing with

various national and international entities.

FX Global Payment Solution

contributes high added value to a

standard correspondent banking

relationship

4 | 4.2