10 Steps to Optimise Your Banking and Payments Arrangements
- Reconfigure legacy bank account structures
- Get fair interest return on all bank funds (Risk)
- Embrace Fintech to lower costs (FX & Payments)
- Leverage historical negative interest charges
- Find out what is Best in Class and aim for it
- Build a Banking & Payments P & L Account
- Establish fair value of your banking & payments arrangements
- Engage more with bank – improves relationship
- Recalibrate one-sided banking & payments contracts
- Pay very close attention to liability for fraud & error loss
