Global transaction banking
LATEST NEWS BBVA.COM
- BBVA hosts the first meeting of the Cleantech for Iberia coalition
- BBVA sets an annual record in sustainable business, with €70 billion in 2023 (+39 percent)
- The BBVA Foundation Frontiers of Knowledge award goes to Ceballos and Dirzo, for successfully quantifying the scale of the extinction of species brought about by human activity
12 Jul 2023
Iberpay, Swift, BBVA and several international banks have successfully completed the first pilot to process, in a real environment, instant payments between different currency areas. Their ultimate goal is to improve these international payments involving currency exchange in terms of speed, transparency, cost, availability and accessibility.
21 Jul 2022
Mass Receivables Finance allows BBVA clients to get advances on their accounts receivable portfolios. This solution is aimed at clients with highly pulverized portfolios, where the amount concentration per debtor is very small and the historical behavior is stable and predictable.
24 Nov 2021
The reform of the benchmark interest rates known as InterBank Offered Rates (IBOR) is one of the most significant financial reforms at present. It was driven by both international organizations (IOSCO and FSB) and regulators (Benchmarks Regulation 2016/1011), with the goal of making the market more transparent and robust. This has led to the incorporation of substantial changes in the interest rates used as benchmarks in the operations of financial and non-financial institutions.
29 Jul 2021
BBVA has formalized its first sustainable-linked deal in Belgium with Cofinimmo. The transaction consisted of increasing an existing revolving credit facility to €25 million and linking it to a fundamental environmental indicator for its sector.
14 Jul 2021
Treasury plays an essential role in a company as it oversees cash management in both the short and long term. Accordingly, when companies expand into international markets, whether through organic or inorganic growth, at some point they have to decide whether to operate with decentralized treasuries, in each of the different countries, or whether to take advantage of the benefits offered by the centralization and digitization of regional centers.
07 Jul 2021
BBVA and Alstom have signed a €400m guarantee facility. This deal is a milestone for both companies, as it is both Alstom's first green guarantee facility and also the first BBVA has signed with a client in France.
25 Jun 2021
BBVA recently brought together its wholesale clients with sustainability and digitization experts in a conference centered on the future of transaction banking. Companies such as Acciona, PepsiCo and Tigo Colombia had the opportunity to present their sustainable and digital development models, in which BBVA's transactional banking products have played a key role.
20 May 2021
The supply chain is the set of elements that allows companies to deliver a product or service in order to satisfy the needs of the end customer. The COVID-19 crisis has put the resilience and adaptability of these essential business systems to the test, increasing the urgency to adopt measures and make them more resilient to potential future threats.
28 Apr 2021
BBVA’s goal is to make the opportunities of this new era available to everyone. Being connected and having operational capabilities from anywhere in the world is more important than ever given the circumstances. The correspondent banking team, also known as International Financial Institutions (IFI), is a key part of this endeavor.
25 Mar 2021
BBVA’s Shanghai branch has closed its first corporate loan in the Chinese currency renminbi (RMB) with Toyota Motor Finance China. The loan is a short term working capital loan to support Toyota’s corporate activity in the country. The transaction represents an important milestone for BBVA as it is the first one that the bank executes in the local currency after obtaining its renminbi licence in China.
15 Mar 2021
In 2015, the European Parliament passed the new digital payment services directive, more commonly known as PSD2. The directive laid the groundwork for the emergence of the open banking concept: a solution to allow contextualized access to banking services, wherever and whenever needed. The regulatory framework set forth by PSD2 has driven a true transformation of the financial sector itself and changed how financial services are viewed.
03 Feb 2021
The telecommunications company Orange has become the first operator in Spain to incorporate Bizum into its means of payment. BBVA was the institution that provided the contractual and technological framework to make this possible. As of this week, all Orange customers of the Orange, Jazztel and Amena brands, regardless of their banks, will be able to carry out certain transactions with this payment method that´s faster than a card and that complies with PSD2 requirements.
02 Dec 2020
El Corte Inglés and BBVA have signed an agreement to include Bizum as a payment method for the online purchases customers make on both El Corte Inglés’ website and app. The bank collaborated with the distribution group by providing the contractual and technological framework to allow the company to add this new PSD2 adapted payment system, reducing the average time to make a purchase compared to card payments.
29 Oct 2020
BBVA has created a new supply chain finance solution to compete and lead the business in Latin America, the U.S. and Europe. The tool allows for the centralized management of payments, optimizing corporate clients’ working capital while helping to improve the financial health of their suppliers. All of this with a unique digital experience thanks to the simple and intuitive navigation.
10 Sep 2020
The Banker has named BBVA Best Transaction Bank in Latin America for second year in a row. The U.K. magazine, a Financial Times group publication, underscored the bank's innovative approach in the region, which allowed customers to continue accessing the bank’s services seamlessly during the pandemic.
10 Jul 2020
19 Mar 2020
With a newly updated version of Global Net Cash, BBVA takes another step forward in the digital transformation of banking for global businesses and institutions. In the current context, BBVA recommends more than ever the use of digital channels and joins the challenge #iwillstayathome. The bank is delivering important improvements to its online banking solution, incorporating new features that will provide users with easier, more intuitive access to data with a unique digital experience, and all this in real time.
02 Dec 2019
BBVA launches ESIConnect, a new platform for portfolio, securities and fund service in order to give coverage to investment firms and their customers in the framework of the advisory and discretionary portfolio management services the investment firms provide them.
05 Nov 2019
02 Oct 2019
Transaction banking is a unit within Corporate & Investment Banking that covers the needs of companies and institutions in terms of managing their liquidity and the related risks. It also encompassess the financing of international trade, custody services and working capital needs. Transaction banking is a fundamental business for banks due to the recurring incomes and the potential to retain clients and boost loyalty.
18 Jan 2019
Orlando Guntiñas Rubio
BBVA’s Global Transaction Banking, Strategy and Business Development department
17 Jan 2019
International trade plays an essential role in our everyday lives: in both developed countries and emerging markets, a large part of the products and services result — either partially or totally — from commercial dealings with other countries.
30 Nov 2018
11 Oct 2018
The digital revolution is making itself felt in the area of international payments in response to the demands and needs of customers. As a key player in the transformation of the financial sector, BBVA has played an active role in bringing all of the advantages provided SWIFT gpi to its clients. It is the first bank in Spain to offer this service.
02 Oct 2018
Mario Pardo, the global head of Enterprise Solutions at BBVA, shared the stage at the Open Innovation Forum with Henry Chesbrough, renowned academic of the University of California and known as the ‘father of open innovation’. Both speakers spoke about how BBVA is working with its corporate clients and startups to develop better banking solutions.
28 Aug 2018
Companies, just as individuals, have financial needs related to the management of liquidity and working capital in the short term. The term 'Working capital' makes reference to those solutions, which include 'factoring', 'confirming', bilateral loan, commercial discount, guarantees, 'leasing' and 'renting'.
13 Aug 2018
In a scenario of political and economic uncertainties and amid external shocks mainly caused by U.S. protectionism and China, the recovery of the Latin American economy continues apace, with growth expected to gradually accelerate and reach a forecast 2.1 percent in 2019 (Source: BBVA Research).
26 Jul 2018
BBVA has announced it is part of the consortium of corporate businesses and banks taking part in a new initiative by SWIFT aimed at speeding up cross border transactions.
28 Jun 2018
21 Jun 2018
Alexis Thompson, Head of Global Securities Services at BBVA, explains what the securities services business within the investment banking sector consists of, what clients expect and what tasks it carries out.