BNP Paribas to Provide Treasury Services in the US

BNP Paribas is to expand its suite of global cash management solutions to include US cash management services, following an agreement with BNY Mellon. The agreement enables BNP Paribas to private label BNY Mellon’s technology robust payables and receivables services including controlled disbursement, lockbox and payment outsourcing. The agreement includes the creation of a seamless interface between BNP Paribas and BNY Mellon’s systems and platforms.

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