Indover Bank Awards ABN AMRO CLS Mandate

The Netherlands’ Indover Bank is to start processing FX transactions through CLS, following the decision to appoint ABN AMRO as its third party CLS provider. As a result, Indover Bank will become one of the first banks in the Netherlands to become a third party CLS participant. ABN AMRO was a first wave Settlement Member of CLS Bank when the settlement system for FX transactions was launched in September last year.

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