Perspective
27 August 2015
Siemens selects Deutsche Bank for further trade facilitation processing in China
Region:
Asia-Pacific
In an announcement today, Deutsche Bank has implemented a Receivables on Behalf Of (ROBO) solution for Siemens Financial Services (SFS) in China, for both intra-group and third party cross-border receivables. The development, one of the first of its kind for a multinational, will help SFS reduce costs and manual processes in trade.
