OREANDA-NEWS. June 07, 2012. UkrSibbank has been named the winner of the Straight-Through Processing Excellence Award 2011 for the quality of our payments in euro. The award is granted every year by Deutsche Bank, an internationally recognized bank, to the correspondent bank that managed to demonstrate the highest rate of payments not requiring manual processing.

 The high quality of making payments allows eliminating manual intervention in payments processing by correspondent banks at all stages through which the payment has to pass. This in turn makes it possible to improve the quality of services by reducing the time of payments processing and ensuring the correctness of their execution by correspondent banks.

 "This award is the clearest evidence of UkrSibbank’s care for its clients. It is the result of our adherence to the best global practices and effective collaboration of the bank’s team in the centralization of international transaction processing. We will most certainly continue to improve our internal processes as we want to secure our leading position  in terms of quality of banking services, and we will do our best to provide consistently top-class servicing of our clients’ financial activities,” said Lionel Dumeaux, Deputy Chairman of the Management Board, Chief Operating Officer of UkrSibbank BNP Paribas Group.

 UkrSibbank has an extensive network of correspondent accounts in all major currencies in the world's leading banks, which allows it to meet the needs of both companies and individuals in terms of international transactions.