OREANDA-NEWS. July 09, 2010. PSB Cyprus received the 2009 STP Excellence Award from one of the global leaders Deutsche Bank for excellent quality of cross-border payment processing in US dollars and Euros. PSB Cyprus is the only PSB branch with a separate correspondent account at Deutsche Bank, reported the press-centre of PSB.

PSB Cyprus also won the Deutsche Bank Award in 2007 and 2008, and received recognition for high quality of its USD payment processing in 2006.

The 2009 STP Excellence Award recognizes high quality of international payments transferred by PSB Cyprus.

PSB Cyprus has been servicing its clients since April 2002. Today, PSB Cyprus offers a wide range of banking services, including settlements, deposits, loans, trade finance and forex operations, guarantees and L/Cs.