Monday, April 10, 2017

KEB, Hana Bank launches '1Q Bank CMS Global'



[Korea financial newspaper sinyuncheol reporter] KEB, Hana Bank (Bank hamyoungju) overseas investment companies view the financial transactions Status of overseas subsidiaries in real time to the overseas bank account and a possible global financial transactions and internal controls over foreign branches account management services It said the '1Q Bank CMS Global' released on the 10th.

1Q Bank CMS Global's internal control over real-time balance inquiry △ transfers and remittances to deal directly apply △ settlement of overseas subsidiaries in the country for overseas domestic parent companies and 75 banks △ 15 countries and fund management services to foreign subsidiaries, affiliates by providing services to domestic parent company was directly manage and control the money of a foreign business entity.

In addition, companies are dwaeteumyeo available from CMS was used for domestic fund management to the global fund management, commercial banks are not connected to the accounting system (ERP) banking system by offering expanded interlocking services to offshore accounts, which provided for a domestic account details without having been so in corporate accounting (ERP) system to look up account transactions of foreign affiliates.

Overseas subsidiaries can be integrated into a local bank account transactions for queries over the 1Q Bank CMS Global, by sharing and real-time account transactions with the parent company of Korea raised the efficiency of fund operations. In addition, by providing a multi-lingual (Korean, English, Japanese, Chinese) service it was also to facilitate the use of local staff.

KEB, Hana Bank SB Division said, "led by global banks in Asia 1Q Bank CMS Global with a variety of financial regulation will be a competitive and differentiated services," and "by the foreign exchange professional Bank of Korea No.1 future, various global CMS nagagetda continue to lead the market with the launch of the service, "he said.



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