Correspondent Banking Relationships

Time

Europe: 5:00pm CET, 4:00pm GMT
US: 11:00am ET, 10:00am CT, 9:00 am MT, 8:00am PT

About the Webinar

Understanding corresponding banking relationships is important in International Credit.

In international financial markets, the process of setting up banking alliances, linking financial services between different banking systems is called Correspondent Banking. A correspondent bank enters into a formal relationship with another bank to enable the two institutions to handle financial transactions between them.

As Banks face increasing pressure to improve their compliance standards and procedures, how important is it to “know your customer’s customer “(KYCC) when choosing a foreign correspondent bank?

This webinar will examine the regulatory framework and its effects on Credit Managers handling global A/R portfolios.

Speakers

Ed Bell, CBA, ICCE is the Senior Manager, Credit Administration for W. W. Grainger Inc., a $10B global industrial supplies distributor. In his career at Grainger, spanning over four decades, Ed has served in many key roles including Branch Manager, Sales Manager, Area Credit Manger, International Credit Manager, Corporate Accounts Credit Manager and National Corporate & Government Credit Manager.

Webinar Access

Instructions to join the Webinar will be sent to the main registrant's email address the day before. Remember! please log-in at least 15 minutes prior to the webinar commencing to ensure ample time for technical assistance if needed.

Accreditation Points

Participants earn 1 Education and 1 Participation Point towards the International Certified Credit Executive (ICCE) certification/recertification.