Bank Electronika Opens Correspondent Account with Deutsche Bank
OREANDA-NEWS. April 25, 2008. Bank Electronika opened a dollar-denominated correspondent account at Deutsche Bank Trust Company Americas in New York, one of the largest American banks.
The opening of the account became possible thanks to the work of the Treasury Office of the Bank, which made an exhaustive study of the financial activities, both current and planned, of the Bank’s clients. At the conclusion of the study, the office presented findings in a meeting with representatives of Deutsche Bank AG in Moscow.
The correspondent account at Deutsche Bank Trust Company Americas will give clients and bank-counteragents of Bank Electronika new opportunities to optimize cash flows and reduce the period for transacting payments.
The opening of a correspondent account in the United States means that Bank Electronika has won recognition for the high level of its financial transparency and the conformity of its business with the strict requirements of American legislation. Bank Electronika is presenting itself in the international arena with increasing confidence and earning a reputation among foreign banks as a reliable partner and counteragent.
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