CAA Awards Barclays Pakistan Cash Management Mandate

The UK-based Civil Aviation Authority (CAA) has awarded a cash management mandate to Barclays Bank Pakistan for managing collections from non-scheduled flights’ customers across Pakistan.

The bank said that the new cash management system (CMS) would improve the operator’s turnaround time for flights both in and out of the country and provide instant access to information to all key stakeholders at the CAA for monitoring, coupled with improved cash flows.

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