Bank of America Merrill Lynch Joins CHAPS Scheme

Bank of America Merrill Lynch (BofA Merrill) has become a direct member of UK sterling high value clearing. Bank of America, NA London branch is now a direct participant of the UK sterling CHAPS scheme.

BofA Merrill has a multi-year investment in new technology as part of the bank’s continued focus on treasury management, corporate banking and other businesses in key global markets.

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