Deutsche Bank is extending its range of services for financial institutions' needs in treasury, nostro funding and intraday cash management units.
With its new Treasurer Services, Deutsche Bank has extended its Internet-based portal, db direct internet, via a single monitoring screen, to offer real-time balances, pending transaction queues and immediate in-house funding transfer initiation. The new service helps treasurers better manage their outbound payment volumes channeled via nostro accounts with Deutsche Bank.
To optimize receivables management of treasury flows, the existing Advise to Receipts Matching Service of Deutsche Bank, available via SWIFT MT210, has also been extended via a web-based service in db direct internet, offering treasurers on-screen capturing of Advices and making matching reports available on the same screen, the company says.
Additionally, Deutsche Bank's suite of liquidity solutions, offering vostro account credit interest agreements, dedicated overnight investment accounts and short term investment options for excess liquidity have also been enhanced by automated investment services with risk diversification features, investing in high quality short-term debt and money market instruments and counterparts.