Bottomline's cloud-based payment platform provides unrivaled global reach to an extensive range of payment infrastructures including SWIFT, SEPA, Bacs, CHAPS, Faster Payments, SIC4 and SECOM.
Bangkok Bank is one of Southeast Asia’s largest regional banks and a leading provider of corporate finance and SME lending in Thailand. An international network includes 32 overseas branches in 15 economies as well as over 1,000 correspondent banks worldwide.
Following regulatory changes by the Indonesian Central Bank that prohibits the storage of financial data outside of Indonesia, Bangkok Bank Indonesia had to look for an alternative to connecting to its parent company’s SWIFT Alliance hub in Bangkok.
After discussions with the Bottomline team and visiting their data centre, Bangkok Bank chose the One Box solution (OBS). Read the customer success story to discover how OBS has allowed Bangkok Bank to:
Implement secure, reliable and scalable SWIFT connectivity
Ensure compliance with SWIFT CSP and future proof against industry changes
Deliver an STP environment for SWIFT messaging
Use local, on-premise SWIFT messaging infrastructure
Bangkok Bank now benefits from an outsourced cost-effective alternative to hosting a SWIFT Alliance connection and has increased its message volumes to 2000-3000 per day.
In the 5th annual Strategic Treasurer Treasury Fraud and Controls Survey, we asked 350 corporate practitioners and bankers where their organisation stands in the fight against fraud and gathered extensive data on fraud experiences, defensive and control plans, spending to protect their organisations and views on risks.
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