Bank of America Merill Lynch Adds New Payments Capability to its Worldwide Banking Portal

Yesterday (8th July, 2014), leader in global payments – Bank of America Merill Lynch – announced the availability of a new payments capability on their worldwide banking portal, CashPro Online.

We’re pleased to add this new capability to CashPro Payments and extend the available options that clients have to initiate their cross-border low-value payments, stated the head of Global Payments and Global Transaction Services (GTS) Strategy, Ather Williams, in a press release. Companies, governments or institutions that send low-value payments to international payees now have the convenience of making those transactions through the same portal they use to initiate wire transfers, make domestic payments, view their cash positions and run reports, he added.

To continue reading, sign up for MEDICI Inner Circle and get free access for 30 days.
100,000+ FinTech professionals trust MEDICI Inner Circle to stay up to date on the latest in financial services.